NFC vs QR Codes. A Comparison of Two Forms of Mobile Payment.admin | February 25, 2023 | 0 | Business
In recent years, NFC tags and QR codes have emerged as two popular technologies for mobile payments. Both offer advantages over traditional payment methods and can help you save time at checkout. Let’s look at how NFC tags and QR codes work and which one is better for your business.
What’s NFC and how does it work?
NFC (Near Field Communication) is a technology that allows your mobile phone to communicate with another NFC-enabled device when they are close together. This can be used for many different purposes, such as making payments and collecting data.
The biggest difference between NFC tags and QR codes is that you don’t need any special hardware or software on your phone to read an NFC tag; all you need is an app that supports it. The most popular apps include Google Pay, Apple Pay and Samsung Pay–all of which support contactless payment methods like these!
The QR Code and how it works.
QR codes are barcodes that can be used to make payments. They are not limited to just mobile payments, but they can also be used in many different places. The QR code is a visual representation of data, and it can be read by smartphones with an installed app or by using a scanner device. When you scan the code, your phone will open an URL that takes you directly to where you need to go on the internet.
QR Codes work by having two parts: one contains information about what kind of data is contained within the other part (this could be anything from text, video, audio files).
How to use NFC tag or smart card payments
To start the process, you’ll need to enter the amount you want to pay. The NFC tag will then beep and light up when it’s ready for payment. You can then hold your phone over the tag until it beeps again and flashes green, indicating that the transaction has been completed.
To use QR code instead of an NFC tag, simply open up your favorite mobile wallet app (such as Apple Pay or Google Pay) and point it at any type of printed image containing information about how much money is being paid for goods or services rendered by vendors who accept these forms of payments at their establishments.
Both NFC tags and QR codes are good choices when you want mobile payments.
Both NFC tags and QR codes are good choices when you want mobile payments. However, there are some differences between the two forms of payment that can help you decide which one to use.
NFC tags are more secure than QR codes because they require a PIN or password to access them. This means that only someone who knows your PIN or password will be able to use the information stored on an NFC tag with their mobile device–which makes it harder for anyone else (like hackers) from accessing this information as well!
QR Codes have been around for longer than NFC tags have been around; so, most people already know how they work: just point your camera at them and scan away! But what exactly happens when you do this? Well…it depends on what type of code it is: if it’s an image file (.jpg/.png/.gif), then it’ll open automatically; if not then maybe try again later when we’ve had time enough
There are many different types of mobile payment options. The NFC tag and QR code are just two of them. They both have their pros and cons, but the important thing to remember is that they both work well in their own way. If you’re looking for something that works best with your current system or business model, then definitely go visit this infographic by NFC Tagify.