Considering NFC? Pros and Cons of Near-Field Communication for Payments

nfc

Near-Field Communication (NFC) technology has generated quite a bit of buzz in recent years, especially as it relates to customer payments. The technology, now built into many smartphones, is being billed as the future of in-store payments. Customers will no longer have to retrieve a piece of plastic to pay, since payment can be completed through a smartphone or wearable.

While there are many pros to NFC, there are some cons, too. Here are a few things you should know if your business is considering implementing a payment processing solution with NFC built in.

In partnership with MasterCard, read my full article – all four Pros and Cons here.

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Ramon Ray, Editor & Technology Evangelist, Smallbiztechnology.com . Editor and Founder, Smart Hustle Magazine Full bio at http://www.ramonray.com . Check him out on Google Plus, Twitter or Facebook

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