Near Field Communications (NFC)?-?is a set of standards for?smartphones?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. This?relatively new technology allows purchases from a smartphone to a similar device that is just centimeters away. ?Google Wallet is an example of this ? consumers store credit card information in a virtual wallet and then use their NFC-enabled phone at terminals that accept?MasterCard PayPass?transactions.
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The BestFit Mobile Glossary is a collection of terms used in mobile marketing & development. ?The mobile landscape is evolving rapidly; ?we add terms as they emerge. ?We also recommend the?Mobile Marketing Association?s Wiki Glossary.
Source: http://bestfitmobile.com/mobile-glossary-near-field-communications-nfc/
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