Showing posts with label london 2012. Show all posts
Showing posts with label london 2012. Show all posts

Saturday, April 30, 2011

Your Mobile phone will replace your cash and credit cards!! [NFC 101]

This is what you will be able to do with your mobile phone by 2013-2014:clip_image002
  • Very soon, rather than swiping your credit card, just wave your phone at a payment terminal when you shop.
  • Use your mobile for paying your train / bus pass, while shopping or any place where you use your credit and debit card.
  • Your mobile phone would act as credit or debit card, a subway pass and perhaps, even a movie ticket.
  • Business owners can use this Near Field Communication technology (called as NFC) for reading tags for inventory management.
  • When you meet your friend and want some information from his phone simply activate NFC feature and transfer loads of information in matter of minutes.
  • NFC lets mobile device owners wave a phone over a short-range wireless receiver or tap the device to make a purchase.

NFC: A Primer

NFC is a newer wireless mobile technology that allows devices to communicate with each other over short distances.  These devices can be 2 mobile phones, a mobile phone and payment terminal or rather they can be any two devices where NFC chip is installed. Data transfer between the devices occurs through one of two means: either a short wave or, as is more common, a touch or tap.

NFC : Use Cases

Near frequency communication is used in three modes, each mode has different use cases
1. Card emulation: the NFC device behaves like an existing contactless card
Example use case: Mobile ticketing: Mobile Phone Boarding Pass.
2. Reader mode: the NFC device is active and reads a passive RFID tag, for example for interactive advertising.
Example use case: Debit/credit payment card. Smart poster: the device used to read RFID tags on outdoor billboards.
3. P2P mode: two NFC devices communicating together and exchanging information.
Example use case: Alternative to Bluetooth pairing, just bring 2 mobile near to each other.

NFC: When is it coming?


  • The practice is widespread in Japan and has gained momentum in Europe, but adoption in the U.S. has been slow moving but steadily catching pace.
  • MasterCard’s PayPass already uses NFC and any cell phone that has NFC can use MasterCard PayPass.

Current Status of NFC Implementationclip_image007

- Samsung S5230 NFC,
- Google Nexus
- Nokia C7-00
-  Jim Balsillie, co-CEO of RIM, confirmed the company’s plans to include NFC in its devices at the Mobile World Congress in February 2011.
- 2012 Olympics in London will be the first major event where mobile payment systems using NFC will be used for ticketing purposes.
- 53% of smartphones by 2015 would be NFC enabled and this technology would be more secure than physical debit/credit cards.

Mobile technology is going to get more exciting!

· Your mobile phone is going to a get more valuable because it would be used as alternative to cash and any type of cards along with chatting and SMSing your friends.
· The power of mobile computing is going to re-define the way we do things today and improve them superbly.
Get ready to be a part of this rapid transformation by mobile technology in our routine business eco-system!