What is NFC mobile payment?

[niyati]

I see NFC mentioned in mobile wallets. Can someone explain what NFC mobile payments are and how secure they are?

 

[Aurora]

NFC mobile payment is a contactless payment method that lets you pay using your smartphone or smartwatch by tapping it on a compatible terminal, using Near Field Communication (NFC) technology.

 

[OlivaRock]

imagine NFC mobile payments as tap-to-pay on your phone, your wallet has Near Field Communication that allows your phone to safely transfer payment data when held near a terminal. It is also rather safe, as it is encrypted, tokenized, and in most cases, your fingerprint or face ID is required before you make a payment.

 

[Peter]

NFC mobile payment is a contactless payment method that lets you pay by tapping your phone near a payment terminal using technologies like Google Pay, Apple Pay, or Samsung Pay.