NFC payments, which occur between two electronic devices in close contact, are becoming more popular among consumers. NFC payment transactions occur between a customer’s mobile phone and a business’ payment terminal simply by tapping or waving the two devices close to each other. Businesses who offer NFC payment options can benefit in a variety of ways. Most importantly, NFC payments are more secure than traditional credit cards with magnetic strips. When NFC payment devices communicate, there are a variety of security features that are put in motion, including authentication of the payment and customer. Customers with NFC-enabled devices often have to use a PIN, thumbprint, or password to complete a transaction. NFC payments are also more convenient for consumers. Traditional wallets are going away with contactless NFC payments taking their place. Accepting multiple payment options, including NFC payments, will make transactions simpler and easier for your customers. Overall, accepting NFC payments makes businesses more competitive. With recent data breaches in the news, consumers are more worried about the safety of their data than ever before. When paired with an on-the-go lifestyle, customers are more likely to spend their money at a business that meets their needs. Businesses only stand to benefit from the security and convenience of NFC payment technology.