Infinity Payment Systems
MENU     

Pros and Cons of Using Near Field Communication (NFC)

Posted on November 1, 2019 by Louise Savoie

Pros and Cons of Using Near Field Communication (NFC)

Businesses seek various payment processing solutions in Wilmington, North Carolina to help customers pay for their purchases conveniently. One of these solutions involves the use of NFC or Near Field Communication.

  • What is NFC?

    NFC is a technology that allows wireless communication between two devices. These devices must be within proximity ranging from 4cm to 10cm. In most cases, one of these devices is a smartphone.

  • The Advantages of NFC

    A lot of customers want convenience. This is why most businesses offer cash management solutions to them.

    The use of NFC offers convenience. You do not have to reach into your wallet, grab a card and swipe it just to make a payment. All you have to do is put your smartphone near the scanning device. This will automatically start the transaction processing in North Carolina.

    Furthermore, using NFC allows customer flexibility. They can store different debit cards or credit cards on their phones. Bringing several cards on their wallets will not be a necessity.

  • The Risk of NFC

    Of course, using a payment processing solution such as NFC carries with it some risks. Using NFC has its vulnerabilities. The biggest risk is the possibility of interception or eavesdropping.

    With the use of certain software, eavesdropping may happen. Cybercriminals can modify data and steal it. Remember, such data revolves around the payment. So, it is most likely the customer’s funds or financial accounts. To secure NFC, adding more security layer technology will be helpful.

  • Accepting NFC Payments

    Your business can reap the benefits of accepting customer payments through NFC. After all, this type of payment is already becoming more popular among consumers, especially the younger generation.

If you decide to accept NFC payments, you will need an NFC-enabled reader. This reader is an important machine or device that will help you in processing transactions.

Whenever you need solutions for payment processing, Infinity Payment Systems is here! We can help you find the right payment solution for your business operations. Talk to us and ask about what we can do for you.

This entry was posted in Near Field Communication and tagged , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

TESTIMONIALS

  • I was previously with a national card processor. I thought I had received the absolute best rate and terms. That is until I met Kyle and his wife in my store one day. He was not pushy or high-pressured but said he would be more than happy to review my plan that I had just signed on to. Not only did he beat my 'best' rate from the national company, he offered me personal, local customer service you just can't get anywhere else. Although this is professional company, I truly was made to feel like I was part of the family. From day one, Kyle and his father made sure that every question I had was quickly and properly answered. They went out of their way to make me feel like I was their best customer. I will recommend this company to anyone at any time. If you have a question, feel free to message me. I believe these guys to be the best in the business and look forward to many years of a satisfying business relationship with them. Thanks Infinity! Lou's Flower World
  • It is refreshing to do business with a local, family-owned and operated company that is honest. Payment processing is sadly an industry full of scam artists and Thomas and his team at Infinity are incredibly honest and affordable with several options for small and large businesses. Thank you for your help! Carolina Commercial Properties
  • I could not be happier. Infinity essentially cut my merchant fees in HALF, and showed me clearly how I was being cheated by the cc processing firm I *had been sold to*. Next day deposits, great customer service and support, local business - what's not to like?? DogTrain
  • My name is Lior and I am the owner of The Cigar Exchange located in historic downtown Wilmington. My decision to use Infinity Payment Systems as my merchant services provider has been absolutely one of the best business decisions that I have made. Thank you very much Kyle, You're the best! The Cigar Exchange
  • We highly recommend Duane and Infinity Payment Systems. He is local, and in addition to great rates, he offers awesome customer service Capital Auto Repair & Service
  • Our rates were lowered to a point that no one has been able to touch their rates…whenever we need them, they are right there for us Apex Transmissions
bbb logo

Rated A+ by the Better Business Bureau

celebrating 18 years

Proudly serving honorable business owners just like you since 1999.

Contact Infinity Payment Systems

For us to better understand your needs and the solutions we can provide for them, do not hesitate to get in touch with us!

1430 Commonwealth Dr., Wilmington, North Carolina 28403
Phone Number: 800-706-7591 | info@infinitypaymentsystems.com

Infinity Payment Systems is a registered ISO of Wells Fargo Bank, N.A, Concord, CA.

Back to Top ↑