No more virtual pickpocketing of credit cards, thanks to new tap and pay technology
Friday, February 17, 2012 - 07:00
in Mathematics & Economics
(PhysOrg.com) -- With technology has come ease. These days, thanks to near-field communications (NFC) and radio frequency identification (RFID), consumers no longer have to swipe credit cards through an interrogative machinethey are able to simply wave their credit cards to make purchases or withdraw money from their bank accounts.