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What is NFC and when is it coming to Canada?

The answer to the first question is easy: NFC is short for Near Field Communication, a simple, very short-range wireless communication technology (similar to RFID), which can be used for a “contactless” payment between an NFC-enabled device and an NFC reader at a retail checkout or a public transit turnstile, for example. NFC is a very hot technology right now, and is becoming widely used for low-value payments, such as transit fares, in some parts of the world like Japan and Korea.


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