What is NFC payment?

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.

• They 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.