Our mobile phone can be used in
place of wallet, credit cards, debit cards etc. We don’t
need to carry our credit card or debit card with us.
But with these advantages, we will have to face
disadvantages too. There are some security threats to
NFC technology, which should be prevented. NFC
technology uses RFID (Radio Frequency
Identification) for data/information exchange
between two devices over a short distance like
Bluetooth and Wi-Fi technology. NFC enabled smart
phone users can make transactions and access
information with only a simple touch. NFC devices
can send and receive data simultaneously. So this
technology has a very bright future scope.