While it has become the dominant technology used in contactless payments, Near Field Communication technology has taken a backseat to Bluetooth and Wi-Fi in terms of user awareness and general adoption. Most people don’t even know that their smartphones have it built-in. However, this technology seems to be experiencing a resurgence as the
world tries to make a more contactless post-COVID society.
NFC has some unique features that makes it indispensable. One of its most important features is that it’s the only wireless technology that requires the least power to run. Only the reader or scanner needs to be powered up while the NFC tag itself does not require power. It’s also quite easy to use as all it needs is proximity to another other NFC-equipped device to transfer data.
As such, NFC has become one of the most versatile wireless technologies currently in the market. It can be embedded in fabrics, paper, and virtually anything that you can put a sticker on. Because of this versatility, organizations are free to let their creativity reign free on how to use it to their advantage.