What is NFC?

by Sean Ross

0 min read

Near field communication is a wireless technology that allows supported devices to communicate without an Internet connection when they’re in close proximity to each other. When a NFC-enabled device is near another NFC-enabled device, the NFC chip in the first device activates the chip in the second device to form a wireless link. This allows the two devices to transfer data from one to another. Most newer models of smartphones have built-in NFC chips that allow people to use mobile payment apps, such as Apple Pay and Google Wallet, to make payment. This payment method is fast, convenient, and secure, as sensitive data are encrypted. To accept mobile payments, small business owners need an NFC chip reader, such as the Square chip reader.

References & Resources

Related Articles

Canadian Merchant Accounts and Contactless Mobile Payment

More than 90% of transactions made in Canada are cashless, which is…

Read more

5 Technology Trends for Field Professionals to Watch Closely

Technology is rapidly transforming the way work is done, and professionals who…

Read more

Benefits of Online Payment Apps

One of the best ways to improve your cash flow is to…

Read more