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RBA Glossary definition for NFC

NFC – Near Field Communication

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Card Payments

27 Nov 2023 RDP 2023-08
Tanya Livermore, Jack Mulqueeney, Thuong Nguyen and Benjamin Watson
Mobile wallets allow in-person payments to be made by using the near field communication (NFC) functionality of the mobile device by tapping the device on or near a compatible terminal.
https://www.rba.gov.au/publications/rdp/2023/2023-08/card-payments.html
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The Evolution of Consumer Payments in Australia: Results from the 2022 Consumer Payments Survey

21 Nov 2023 RDP PDF 2354KB
Mobile wallets allow in-person payments to be made by using the near field communication (NFC) functionality of the.
https://www.rba.gov.au/publications/rdp/2023/pdf/rdp2023-08.pdf

The Australian Debit Card Market: Default Settings and Tokenisation

19 Jun 2023 Consultations PDF 397KB
NFC). The card can either be a physical card or a credential loaded onto a mobile wallet on a mobile. ... device that is equipped with the relevant NFC technology. Contactless transactions provide convenience.
https://www.rba.gov.au/publications/consultations/202306-issues-paper-australian-debit-card-market/pdf/202306-issues-paper-australian-debit-card-market.pdf

Inquiry into Mobile Payment and Digital Wallet Financial Services – July 2021 | Payments System | Submissions

25 May 2023 Submissions
Another key technology that supports the use of NFC for mobile payments is tokenisation. ... German, Swiss and Dutch national authorities have also considered, or are considering, access issues related to NFC.
https://www.rba.gov.au/publications/submissions/payments-system/inquiry-into-mobile-payment-and-digital-wallet-financial-services/index.html

Submission to Payments System Review – January 2021 | Responses and Options Paper

25 May 2023 Submissions
These applications can be used to make contactless payments when shopping online, and at the point-of-sale using the near-field communication (NFC) or quick response (QR) code functionality of ... third-party access to technologies (such as the NFC chip)
https://www.rba.gov.au/publications/submissions/payments-system/submission-to-payments-system-review-01-2021/index.html

Payments System Regulation and Policy Issues

28 Sep 2022 PSB Annual Report – September 2022
The ACCC, for example, is currently investigating whether the restrictions Apple places on direct access to the near-field communication (NFC) chip in Apple mobile devices for third-party digital wallets
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html

Payments System Board Annual Report 2022

27 Sep 2022 PSB Annual Report - 2022 PDF 2830KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/psb-annual-report-2022.pdf

Payments System Regulation and Policy Issues

27 Sep 2022 PSB Annual Report - 2022 PDF 318KB
https://www.rba.gov.au/publications/annual-reports/psb/2022/pdf/payments-system-regulation-and-policy-issues.pdf

Submission to the Parliamentary Joint Committee on Corporations and Financial Services inquiry into Mobile payment and digital wallet…

26 May 2021 Submissions PDF 626KB
Another key technology that supports the use of NFC for mobile payments is tokenisation. ... German, Swiss and Dutch national authorities have also considered, or are considering, access issues related to NFC.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/inquiry-into-mobile-payment-and-digital-wallet-financial-services.pdf

Submission to Payments System Review

3 Feb 2021 Submissions PDF 1155KB
when shopping online, and at the point-of-sale using the near-field communication (NFC) or quick. ... technologies (such as the NFC chip) that support payments on mobile devices and other conditions.
https://www.rba.gov.au/publications/submissions/payments-system/pdf/submission-to-payments-system-review-01-2021.pdf