NAME: VINOT KUMAR

SUBJECT: S-E-1 (LAB)

ROLL NO: 1612137
SECTION: V-F
TOPIC: [NFC PAYMENT SYSTEM]

Introduction:
NFC (near field communication) is the technology that allows two devices like your phone and a
payments terminal to talk to each other when they’re close together. NFC is the technology that enables
contactless payments. From email to personal banking to health apps, we’re increasingly using our
mobile devices to help us manage our day-to-day lives. So it’s no surprise that NFC mobile
payments paying for stuff via your smartphone are picking up steam. Soon, more and more of
your customers will want to pay with their devices. So to prep you for the sea change, here’s a
guide to NFC and how to accept it at your business.

KEY FEATURES:

 Service provisioning: It provides authentication and remote user management due to

network availability. Also users can subscribe and personalize their contactless cards.
 Mobile network provisioning: It offers user authentication and user care for data
connectivity as well as ensuring that the network infrastructure is maintained to enable users
to receive data connectivity service.
 Trusted Service Manager (TSM): Delivers a communication platform between
Service Providers (SPs) and NFC mobile phones where SPs provide multi-application
management functionalities to NFC enabled mobile phone through this platform.