Near Field Communications (NFC) is one method of enabling the implementation of secure contactless payments. NFC is a short range RFID technology that requires very close proximity between devices in order to share information, hence the “tap and go” term you often hear when referring to this form of contactless payments. NFC is similar to Bluetooth…
Day: April 10, 2012
Payment Convergence
Do you ever dream the many payment types and methodologies we deal with on a daily basis could be validated, collected and reported through a single platform or process? It’s not the first time the topic has been broached. In fact, for the past three decades some companies have made this their mantra and have…