Business Benefits of Using Near Field Communication(NFC)

Instant connection:

NFC devices connect instantly for data exchange when brought close together. The small range of NFC chips makes this technology useful for payments, identification, access control, ticketing, or any other application requiring near-field data exchange.

Wireless exchange:

All modern smartphones have NFC modules that connect wirelessly and without an external power source. NFC chips are passive devices that are powered by a device that reads them at the moment (this happens through magnetic induction).

Secure, standardised, and regulated technology:

NFC data exchange occurs only between devices in close proximity. Nearby connection limited to one device protects the transaction from remote jacking by a hacker.
NFC connections are regulated by standard protocols like ISO/IEC 14443 A, ISO/IEC 14443 B, and JIS X6319–4. ECMA International, ETSI, and other authorities make sure that NFC is universally secure and accessible across device vendors.

No need for network connectivity:

NFC tags can work without Wi-Fi, 4G, 5G, or LTE connectivity. This means users can pay, transfer data, access areas, and use NFC-enabled services even while they’re disconnected from the internet.
For example, retail outlets and small businesses use NFC-enabled POS systems to process payments. Hotels use NFC keycards that work even in locations with a weak Wi-Fi signal. Customers can use all the services without worrying about mobile data charges or signal unavailability.

Convenient and affordable technology:

NFC tags are an easy and affordable technology that can help in digital transformation — contactless payments, access control, and identification can significantly improve customer and employee experience in their daily activities.
For example, you can use NFC to enable contactless access to your gym, health centre, or office. Users can download your custom mobile app to pay for their membership and then use the smartphone to access the facility. In the post-COVID world, NFCs with digital tokens help any customer-facing business remain contactless.

Reduced carbon footprint

NFC is an eco-friendly solution that can minimise the carbon footprint of any business. Recyclable NFC tags made using paper reduce the use of plastic for access cards.