NFC (Near Field Communication)

NFC (Near Field Communication)

stands for Near Field Communication. This technology enables the contactless exchange of data over short distances, usually no more than four centimeters apart. This innovative method of payment has gained significant traction in recent years, revolutionizing the way we shop. Here are some key insights into contactless payment with NFC:

Girocards and NFC:

The Girocard, formerly known as the EC card, offers two options for NFC payments. However, the prepaid payment option Girogo is gradually losing relevance and is being phased out. Since 2020, this system has been discontinued, and cards are scheduled to be replaced by the end of 2024. When paying with NFC, simply hold the card or smartphone near the checkout terminal. There’s no need to hand over the card or insert it into a reader, and in many cases, entering a PIN isn’t even required.

NFC Payments with Credit Cards:

Most credit cards are also equipped with NFC technology. To make a contactless payment, simply hold the card near the checkout terminal. Similarly, no PIN input is required if the terminal supports NFC.

NFC Payments with Smartphones:

Smartphones can also be used for contactless payments, provided they are NFC-enabled. Hold your smartphone near the checkout terminal to complete the payment process.

Data Privacy: What Information Can Be Accessed?

During NFC payments, only necessary transaction data is transmitted without disclosing personal information. Communication is encrypted and secure.

In summary, NFC enables quick and convenient cashless payments by simply holding your card or smartphone near the payment terminal. This technology streamlines transactions, offering both efficiency and security in our increasingly digital world.