You may or may not be aware of this term “NFC”. Here is a quick intro to the NFC.
Near field communication (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 centimetres. Present and anticipated applications include contactless transactions, data exchange, and simplified setup of more complex communications such as Wi-Fi. Communication is also possible between an NFC device and an unpowered NFC chip, called a “tag”.
(cited from Wikipedia)
If you haven’t seen the Google Wallet, it is literally magical. Regardless the vibe, mobile payments technology is being around since early 2002. It was in a much smaller scale using near-field communications, more commonly known as NFC. The main idea behind Wallet is pay using your phone as a credit card (contactless).
And that is just one part of it. Let’s just say, we’re only scratching the layer of what’s possible with this concept.
What is NFC capable of, and why we want it on our phones absolutely now? I found this infographic at NFCRumors.com (Click the image to enlarge it).
This infographic is done by NFCRumors.com explaining the power of Frictionless NFC that going to change the worlds as we see it.