NFC stands for Near Field Communication. It is a wireless technology that allows for the exchange of data between devices, such as smartphones and payment terminals, when they are in close proximity to each other.

NFC uses radio frequency (RF) technology to communicate between devices. When two NFC-enabled devices are brought close together, they establish a connection and can then exchange data.

Some common uses for NFC in a small local business include mobile payments, loyalty program tracking, and customer identification.

You can get started with NFC technology by purchasing NFC-enabled payment terminals and/or implementing NFC-enabled mobile apps for your customers. You can also work with a payment processor that supports NFC transactions.

NFC tags are super low-cost and you can get a tag for just a few cents. The Tags are available in various forms and wearables. You can check the Tag that suits your purpose and order them on sites like Amazon.

◾️ QR Codes still need you to open your phone and scan for it to work. While NFC’s just need a tap making it operationally more efficient and faster.

◾️ Once you print out a QR Code, the same QR code cannot be reused. Whereas in NFC you can use the same NFC tag multiple times and keep rewriting.

NFC technology is considered secure, but as with any technology, it is important to stay up to date on security best practices and to work with a reputable provider. It is also important to ensure that your payment terminals are PCI compliant.

You can promote your business’s use of NFC technology by offering special promotions or discounts to customers who use NFC to make a purchase. You can also include information about your business’s use of NFC technology on your website, social media channels, and in-store signage.