Near field communication is a technology that is on the verge of revolutionizing how people are able to transfer information and make fast and secure payments. The new technology was developed by Sony and Phillips (NFC Forum). In order to promote their product, they have created the NFC Forum. As the technology has progressed, many key cell phone companies, chip makers, and credit card companies have become involved. In order for this technology to be successful, all of these companies are to working together to ensure that the product will succeed. Some of the major companies that are part of the NFC Forum are Visa, MasterCard, Intel, Nokia, Samsung, Microsoft, and many more. I think this is a very interesting technology that may revolutionize how we purchase products.
www.nfc-forum.org
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I am certain that every major corporation imaginable will buy this technology. Reducing the "float time" that it takes to process your check or even credit card is always a huge concern in business. I'm sure the technology will pay for itself in no time.
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