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RBA Glossary definition for NFC

NFC – Near Field Communication

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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

Abbreviations

17 Oct 2019 PSB Annual Report – 2019
MAS. Monetary Authority of Singapore. MOU. Memorandum of Understanding. NFC. Near field communication chips.
https://www.rba.gov.au/publications/annual-reports/psb/2019/abbreviations.html

Trends in Payments, Clearing and Settlement Systems

17 Oct 2019 PSB Annual Report – 2019
near-field communication (NFC) or quick response (QR) code functionality of the mobile device to communicate with a payment terminal.
https://www.rba.gov.au/publications/annual-reports/psb/2019/trends-in-payments-clearing-and-settlement-systems.html

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

Abbreviations

12 Sep 2014 PSB Annual Report – 2014
NFC. Near Field Communication. NPP. New Payments Platform. OG. SWIFT Oversight Group.
https://www.rba.gov.au/publications/annual-reports/psb/2014/abbreviations.html

Other Retail Payments Developments

12 Sep 2014 PSB Annual Report – 2014
Some banks have also introduced mobile phone applications that allow their customers to make contactless transactions from accounts linked to their payment cards, using near field communication (NFC) technology embedded in
https://www.rba.gov.au/publications/annual-reports/psb/2014/other-ret-pay-dev.html