Secure purchasing transactions with NFC October 18th, 2018

Secure purchasing transactions with NFC
Most of us know the NFC technology through buzzwords such as “tap and pay” and “contactless payments".

And the growth of the NFC applications shows, that Near-field communication (NFC) is shaping the future of mobility and is becoming the system of choice for many mobile payment transactions. There are a number of mobile payment platforms from which customers can choose to make purchases, and the terminal has to be configured for what you want to accept. Now that the technology is placed in swipe-less cards, and payment-enabled smartphones, NFC is more relevant than ever, especially when it comes to mobile payments. Contactless payments using NFC technology are based on open standards. This means that if your business already has NFC terminals that can read NFC-enabled credit cards, it is also capable of accepting NFC mobile payments.

Perception of security

The mobile payment structure in the NFC environment is so complex that any hacking or intercepting would be very difficult. This level of security and convenience may continue to make NFC the wave of the future for credit card transactions.

Because data is carried on a close proximity RF signal NFC payments are a very secure method, usually only a few centimeters between devices, which allow consumers to perform safe, contactless transactions. Whether because of a chip in the phone or functionality that occurs virtually in the cloud, the secure element is tamper-proof and protected by a unique digital signature - the most important step in the mobile payment transaction is the security element, which holds all the authorization power. Data transferred by most current apps such as Apple Pay, Android Pay, and Tap to Pay carry account numbers linked to end users financial information and actually do not store or transfer credit card information over the RF signal.

As with any newer technology, there has been plenty of hype generated around NFC payments, particularly for those using mobile phones instead of traditional-looking credit cards. NFC opens up a completely new world of possibilities, especially when it comes to enabling contactless payments that are to replace the old-fashioned swipe-and-sign systems. Growth in payments using NFC technology is likely to continue to rise, especially as electronic and mobile payments overall soar.

BlueStar and his strong partners and suppliers can help to develop the NFC market; educating the Sales and Marketing staff to step into a forward-looking business that allows resellers and developers to meet end customers demand and to deliver secure and comfortable payment solutions.


Samantha is BlueStar's Digital Media Specialist, and the primary contributing writer for VartechNation. Previously, she has worked as a Public Relations Associate and a Social Media Manager.