What You Need To Know About NFC Mobile Payments
Today, quickly and easily, your business can process transactions courtesy of NFC mobile payments. Whether in a restaurant, retail setting, convenience store, or mobile/portable business, there must be a POS system in place. POS stands for “point-of-sale”. This is how consumers check out and pay for their services or products. Every time you go grocery shopping, you are using the store’s POS system. Whether paying for your groceries with cash, debit card, or credit card, when you go through the checkout counter, the cashier uses some type of POS system. Here, we’re going to look specifically at NFC mobile payments. NFC Payment Meaning First of all, what does NFC stand for? Answer: Near Field Communication. Without going into high tech detail, a short NFC mobile payments meaning/definition consists of the following: NFC technology allows specific devices and card readers short distance communication. For many businesses, NFC is convenient and very … Continued