{"id":5230,"date":"2021-05-05T11:05:03","date_gmt":"2021-05-05T05:35:03","guid":{"rendered":"https:\/\/satyawaadi.com\/?p=5230"},"modified":"2021-05-05T11:05:11","modified_gmt":"2021-05-05T05:35:11","slug":"how-banks-using-nfc-mobile-banking","status":"publish","type":"post","link":"https:\/\/satyawaadi.com\/how-banks-using-nfc-mobile-banking\/","title":{"rendered":"How Banks are Using NFC in Mobile Banking?"},"content":{"rendered":"\n
NFC or near field communication is not a new technology in the banking sector. We all are aware of and using it for a long time now.<\/p>\n\n\n\n
Wondering how?<\/p>\n\n\n\n
That is with the help of debit and credit cards that are enabled with contactless payments.<\/p>\n\n\n\n
The cards that are powered by VISA are normally referred to as Tap and Pay<\/a>. And the cards that are powered by MasterCard are referred to as contactless payment cards.<\/p>\n\n\n\n But both the cards are powered by the same technology.<\/p>\n\n\n\n