Binary Information Press
Near Field Communication (NFC) is a short-range communication technology and has been applied around the world. The most common service of NFC will be micropayments. Technically, the card emulation mode of NFC will simulate mobile devices such as cell phones into stored value cards, and then debit from external readers. Apart from simulating cell phones as stored value cards, read-write mode of NFC enables the ability of devices to read and write external cards. In the context of micropayments, cell phone can be as the POS devices to read the balances from external cards and perform the actions of debiting or storing value.