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RBA Glossary definition for NFC

NFC – Near Field Communication

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Topic: Finance

12 Mar 2019 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia
https://www.rba.gov.au/publications/bulletin/finance/

Submission to the Financial System Inquiry March 2014

10 Nov 2017 Submissions PDF 3041KB
Financial System Inquiry
https://www.rba.gov.au/publications/submissions/financial-sector/financial-system-inquiry-2014-03/pdf/financial-system-inquiry-2014-03.pdf

Abbreviations

14 Sep 2017 PSB Annual Report – 2017
MoU. Memorandum of Understanding. NFC. Near-field communication. NPP. New Payments Platform.
https://www.rba.gov.au/publications/annual-reports/psb/2017/abbreviations.html

Retail Payments Regulation and Policy Issues

14 Sep 2017 PSB Annual Report – 2017
Apple Pay, Android Pay and Samsung Pay). These apps allow cardholders to make mobile payments using the near-field communication (NFC) functionality of mobile devices to interact with payment terminals. ... The principal issue on which the banks wished
https://www.rba.gov.au/publications/annual-reports/psb/2017/retail-payments-regulation-and-policy-issues.html

Payments System Board Annual Report 2017 - Abbreviations

12 Sep 2017 PSB Annual Report 2017 PDF 782KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/abbreviations.pdf

Payments System Board Annual Report 2017 - Retail Payments Regulation and Policy Issues

12 Sep 2017 PSB Annual Report 2017 PDF 848KB
https://www.rba.gov.au/publications/annual-reports/psb/2017/pdf/retail-payments-regulation-and-policy-issues.pdf

Payment Cards

8 Aug 2017 RDP 2017-04
Mary-Alice Doyle, Chay Fisher, Ed Tellez and Anirudh Yadav
The remainder reported that their smartphones could not make payments, which for some respondents may have been because their phone was not equipped with the NFC technology required to make a ... The physical card details are typically stored (provisioned
https://www.rba.gov.au/publications/rdp/2017/2017-04/payment-cards.html
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How Australians Pay: Evidence from the 2016 Consumer Payments Survey

24 Jul 2017 RDP PDF 1438KB
is equipped with near field communication (NFC) technology that enables contactless payments. ... 14. phone was not equipped with the NFC technology required to make a mobile payment.
https://www.rba.gov.au/publications/rdp/2017/pdf/rdp2017-04.pdf

Commonwealth Bank of Australia ABN 48 123 123 124 ...

14 Feb 2017 PDF 352KB
This Application seeks, amongst other aspects, non - exclusive access to a mobile phone’s NFC chip, enabling contactless payments.
https://www.rba.gov.au/payments-and-infrastructure/submissions/dual-network-cards-mobile-wallet-technology/pdf/commonwealth-bank-of-australia.pdf

Introduction | Dual-Network Cards and Mobile Wallet Technology – Consultation Paper – December 2016

10 Dec 2016 Consultations
NFC) or quick response (QR) code functionality of mobile devices to communicate with payment terminals.
https://www.rba.gov.au/publications/consultations/201612-dual-network-cards-and-mobile-wallet-technology/introduction.html