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NFC Payments Are About To Become Faster, Easier, and Truly Contactless

Published by admin on June 24, 2023

The NFC Forum has revealed a roadmap for NFC technology that extends from now to 2028. The roadmap outlines five key initiatives for the direction of the technology over the next two to five years, including increasing the range of NFC connections, increasing wireless charging over NFC, enabling multiple-purpose taps, giving NFC-enabled smartphones Point-of-Sale functionality, and the ability to share how products should be recycled. Android

Currently, NFC connections only work at a distance of 5mm. However, the NFC Forum wants to extend this distance by four to six times. Not only would this allow contactless payments to become truly contactless, but it would also make transactions faster and easier. Even a modest change is said to be enough to reduce the precision needed to align the antenna. Improving the range was far from the only matter the collective was looking into. The group shared that it wanted to increase wireless charging over NFC from 1W to 3W. Doing so would allow for wireless power and charging in smaller devices. It could even allow the creation of new applications previously left unexplored.

Another initiative is to enable multiple-purpose taps. This would reportedly make supporting several actions with a single tap possible. Additionally, the group mentioned giving NFC-enabled smartphones Point-of-Sale functionality and the ability to share how products should be recycled.

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