Payments can be made with a single wave at the PoS terminal. Contactless Payment uses Near Field Communication (NFC). Contact payment systems can be any smart cards, key fobs, debit cards, credit cards. These contactless payment cards are embedded with a chip and antenna that allows them to wave at the point of Sale terminal to verify the data and hence make the payment. NEAR FIELD COMMUNICATION (NFC) Near Field Communication is the technology that enables two electronic devices generally two portable devices or smartphones by bringing them within 4 cm (1.6 in) of each other. NFC is also used for social networking, for sharing contacts, photos, videos or files. Many smartphones have this technology inbuilt in them. NFC-enabled devices can act as electronic identity documents and keycards. NFC offers a low-speed connection with simple setup that can be used to bootstrap more capable wireless connection. NFC is originated from RFID that facilitates power supply and communicat
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