International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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NEAR FIELD COMMUNICATION (NFC) TECHNOLOGY: THE FUTURE MOBILE MONEY

    1 Author(s):  BASANT KUMAR

Vol -  2, Issue- 2 ,         Page(s) : 122 - 126  (2011 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Near field communication (NFC) is a set of standards for smart phones and similar devices to establish radio communication with each other by touching them together or bringing them into close proximity, usually no more than a few centimeters. Present and anticipated applications include contactless transactions, data exchange, and simplified setup of more complex communications such as Wi-Fi. Communication is also possible between an NFC device and an unpowered NFC chip

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  1. http://en.wikipedia.org/wiki/Near_field_communication
  2. ITU 2010, National survey shows Kenyan Internet market heading towards ―critical mass‖. Retrieved fromhttp://www.itu.int/ITU-D/ict/newslog/   
  3. LANCE W. 2011, NFC mobile payments could hit $50 billion by 2014. Retrieved from http://news.cnet.com/8301-1023_3-20070015-93/nfc-mobile-payments-could-hit-$50-billion-by-2014/
  4. LOUISE   R.   2011,   Need   To   Know:   What‘s   This   NFC  Business   All  About?   Retrieved   from:http://community.phones4u.co.uk/need-to-know-whats-this-nfc-business-all-about
  5. http://www.techradar.com/news/phone-and-communications/what-is-nfc-and-why-is-it-in-your-phone-948410
  6. http://blog.laptopmag.com/top-5-nfc-apps-for-android-phones
  7. http://gigaom.com/2012/11/27/getting-started-with-nfc-on-the-phone-and-in-the-home/

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