NFC: near field communications
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NFC: near field communications
NFC near field communications
Curated by James Evans
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Forget Mobile Payments, Here’s Where NFC Really Shines | TIME.com

Forget Mobile Payments, Here’s Where NFC Really Shines | TIME.com | NFC: near field communications | Scoop.it
Instead of fumbling for your keys when you get home, imagine just tapping your phone against the lock.

Via Paulo Gervasio
James Evans's insight:

1. File sharing (already in use)
2. Payments
3. Unlocking doors

 

Acts as a unique ID for you without requiring your details explicitly.

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Paulo Gervasio's curator insight, March 6, 2013 6:41 PM

This is so right! NFC , your phone will be a secondary backup wallet but I doubt if phones will replace the leather one that goes into your back pockets. Putting everything in the phone is just setting it up to be the target, and putting a single point of failure in the entire payment system.  

Rescooped by James Evans from QR Codes, Beacons & NFCs
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Will Visa/Samsung deal force Apple's hand on NFC?

Will Visa/Samsung deal force Apple's hand on NFC? | NFC: near field communications | Scoop.it
How long will Apple wait before adding NFC payments to the iPhone? (Will Visa/Samsung deal force Apple's hand on NFC?

Via Paulo Gervasio
James Evans's insight:

1. NFC payments already in use. 
2. Increase in use with addition of  visa support. 

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Paulo Gervasio's curator insight, March 6, 2013 7:08 PM

Visa /Samsung deal is a short circuit to the potentially lucrative new business for telcos and Google. The strategic high ground is the phone's'secure element which makes the transaction secure and irrefutable. it logically sits with the phones' SIM Card (ergo ISIS), already a smart card, the NFC makes it contactless. Google built their own secret place in the Android OS, and now Samsung - directly built into the phone's hardware?  

 

The issue in all these is the infrastructure required to support these huge payment networks. There is 2 sides of the business, the 1st one is the personal credit card which gets an annual due and 3% per month if you fail to pay in full.  The second more lucrative one is the vendor network! Most of this network is currently owned by local banks owning VISA, MC, JBC,  and Amex, franchise.

 

It will be interesting to see how it plays out and how the banks who currently own the networks muscle into all these (with Visa it will likely tap into the existing bank network, wonder how the mobile telco with their own plans at mobile payment (ISIS, etc) will react.

 

Regarding Apple,  - Why are they so stubborn, definitely NFC has a role to play in their recent stock price debacle.  .... Forget Mobile payments its the other uses that they are missing out on (house and car keys, bluetooth pairing automation etc.)

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NFC Airport Check-ins Are Coming Soon, Here's How it Works | TechnoBuffalo

NFC is amazing, and we had a chance to see how it will be used for checking into airports in the near future. (#NFC For #Airport Check-Ins?

Via Paulo Gervasio
James Evans's insight:

1. Demonstrates flexability of technology in addition to just payments.
2. Faster more efficient technology than previous tech.
3. Acts as a personal ID.
4. Talk back - allows phone to be given additional info. ("touch here for more information etc")
5. can be used while phone is off 

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Paulo Gervasio's curator insight, March 6, 2013 7:17 PM

If the system aint broke - why fix it.   The Passbook got it right on boarding cards, there is nothing to change backend. The system already works on barcodes, the phones just eliminated the paper passes. Scanning also works because it gives time for the crew in the boarding gate to check out the passengers face to face. 

 

On the other hand the airport scanners(and the backend system) will have to be replaced one day,  NFC could be a little faster if the manual checks are not necessary.