Hey,
Although you must be unfamiliar with this term, I am sure once I explain what is NFC payment meaning, you’ll realise you had an idea all along. But let me start by telling you NFC payment full form.
NFC is Near-field Communication technology. I know you’re still confused. But if you use apps like Google Pay, Apple Pay, tap and pay credit/debit card, Paytm, PhonePe, etc. then you’re using NFC Payment method.
When you make contactless payment using this technology you must be within 2 inches of the device. The NFC chips exchange encrypted data to complete payments.
Advantages of NFC Payment technologyThey are convenient
They are secure and encrypted
The chances of fraud are reduced
The process is lightning fast
I hope your doubts and questions are settled on what is NFC payment meaning now.
Make secure bill and rent payments using NoBroker payment channel and win assured rewards Need help scrutinising legal documents, contact best lawyers for the job here Read more: What is payment fraud How to find cheque number What is an echeck
What is NFC payment?
Nishu
161 Views
1
3 Year
2022-04-18T12:37:03+00:00 2022-04-18T12:46:55+00:00Comment
Share