Google Pay has recently launched a new feature in India, ‘Tap to pay for UPI’, in collaboration with Pine Labs.
- This new feature makes use of Near Field Communication (NFC) technology. It will allow users with NFC-enabled Android smartphones and UPI accounts linked to Google Pay to carry out transactions just by tapping their phones on any Pine Labs Android point-of-sale (POS) terminal across the country.
What is Near Field Communication (NFC) technology ?
- NFC is a short-range wireless connectivity technology that allows NFC-enabled devices to communicate with each other and transfer information quickly and easily with a single touch. One can pay bills, exchange business cards, download coupons, or share a document using this technology.
- NFC technology transmits data through electromagnetic radio fields, to enable communication between two devices.
- Both devices must contain NFC chips, as transactions take place within a very short distance.
- NFC-enabled devices must be either physically touching or within a few centimetres from each other for data transfer to occur.
- NFC is used in contactless banking cards to perform money transactions or to generate contact-less tickets for public transport.
- Contactless cards and readers use NFC in several applications from securing networks and buildings to monitoring inventory and sales, preventing auto theft, keeping tabs on library books, and running unmanned toll booths.
- NFC technology is designed for an operation between devices within a few centimetres from each other.
- This makes it difficult for attackers to record the communication between the devices compared to other wireless technologies which have a working distance of several metres, according to the NFC forum, a non-profit industry association.
(Source: TH)
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