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NFC or Near Field Communication technology is a set of protocols that can be used to establish communications between two devices when they are brought near to each other. It enables contactless communications using a radio frequency field and can operate within a range of around 4 cm. The two communicating devices usually involved include a stationary NFC reader and a portable NFC enabled smart card, mobile phone, wristband, etc. NFC has been widely used in payment cards, transportation cards, smart phones, mobile wallets, and as wristbands in the healthcare industry. It has especially become very popular for mobile payments and resulted in the growth of the FinTech industry. Information about NFC based credit cards can be stored in digital wallets and used to make payments at retail stores. Since NFC cards can store and communicate data, there is no reason why should they be restricted to store credit card....
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