NFC stands for? Uses of NFC on mobile?

NFC stands for Near-Field Communication and is a set of standards (established in 2004) for small, portable devices to establish radio communications with each other. Devices need to be close, usually no more than a few centimeters apart (and often they need to touch), which is why it's a Near-Field way to communicate. The standards cover data exchange formats defined by the NFC Forum (no, not that kind of forum) and are based on the original radio frequency identification (RFID) standards.  The forum also certifies devices like tags, cards, and smartphones.  

NFC devices can be used in contactless payment systems, similar to those currently used in credit cards and electronic ticket smartcards, and allow mobile payment to replace or supplement these systems. For example, Google Wallet allows consumers to store credit card information in a virtual wallet and then use an NFC-enabled device at terminals that also accept MasterCard PayPass transactions. Many anticipate that the rise of NFC in commerce will lead to the eventual death of the currently popular Chip and PIN system. Germany, Austria and Latvia have trialled NFC ticketing systems for public transport. And China is using it all over the country in public bus transport. In India NFC based transaction is being implemented in box offices for ticketing purposes.

Uses of NFC:

  • Matching encrypted security code and transporting access key;
  • Due to short transmission range, NFC-based transactions are possibly secure;
  • Instant payments and coupon delivery using your handset, as we do with your credit card or debit card;
  • Exchange of information such as schedules, maps, business card and coupon delivery in a few hundred milliseconds;
  • Pay for items just by waving your phone over the NFC capable devices
  • Transferring images, posters for displaying and printing
NFC can be used in social networking situations, such as sharing contacts, photos, videos or files ,and entering multiplayer mobile games.

Via: Wikipedia

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