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This Technology can Prevent Eavesdropping in NFC Payments

The idea of tapping your phone at the point-of-sale to make payments is indeed quite appealing. Rather than carry around your credit/debit cards, it seems quite convenient to use NFC smartphones instead. Mobile payments, in general, are getting a huge response in many countries in Africa, Asia, Europe and especially North America. NFC mobile payments got a big boost this year with the launch of Apple Pay. With a big player like Apple coming into the field, mobile in-store payments are getting ‘legitimized’ in the US.

Other major players in ...

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