Near Field Communication technology has made some noteworthy advances in 2012 as a foundation for mobile payments, even though its actual adoption remains low. The technology stands to get a further push from the ongoing adoption of the EMV standard in the U.S.

NFC technology allows mobile devices to make contactless payments at the point of sale. Digital wallets based on NFC technology allow users to protect their accounts with a PIN and use the phone's other features, such as its GPS, to provide targeted offers.

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