NFC Technology for Contactless Payment Echosystems

Abstract

Abstract-Since the earliest ages, the human being has not ceased to develop its system of exchange of goods. The first system introduced is barter, it has evolved over time into currency by taking various forms (shells, teeth, feathers, etc.). The evolution of micro-electronics has favoured the appearance of a new form of payment that is the credit card. Currently it is the most used means of payment throughout the world. Today financial institutions want to replace the credit card by mobile phone for the implementation of contactless payment systems via NFC. This mode of operation is called Host Card Emulation or HCE. We will present in this article the basic element at the heart of this technology, which is the Secure Element. We will present the different forms that this element can take and possible cases of use of this technology for the establishment of an ecosystem of payment by mobile or purchase tickets transport.

A survey on NFC Payment: Applications, Research Challenges, and Future Directions

“…Moreover, NFC can build various opportunities for vendors, banks, mobile operators, and transport operators [8]. There are two operating modes in NFC, active and passive modes [9]. In the active mode, both devices generate the RF field to establish the connection and transfer data.…”