Management Information Systems - Essay Example

NFC Implication for s With the full deployment of the NFC will result to several direct implications especially to the customers. With just a simple swipe or touch of their mobile devices they can easily make payment for their purchased goods either in a supermarket, restaurants or shopping malls. Use of this technology will eliminate many daily problems a customer goes through while paying for their different products. Some of the positive implications that will result from the use of this technology by the customer include the following:SecurityWith mobile platforms that has a complete inherent chip intelligence has an added advantage in that their layering of the security tools ensure better encryption capabilities that are not existing on other conventional methods of payment such as the magnetic strips of the credit and debit cards, hence this will reduce any chances of counterfeiting and skimming of the payment methods (Coskun, 2012).

Also security is largely depends on proximity and since the customer will hold the card near the NFC reader to make payment goes ahead to strengthen the security.Convenient.By using NFC technology to make your payments is very convenient in the sense that it simplifies the process for the users to make instant payment through their phones or tablets. Using this payment method is considerably very simple to use and understand. It enables the customers perform financial transactions by simply touching the phone screensContactless paymentsOne of the most exclusive benefit of NFC is the employment of contactless payment.

This allows customers to swipe their phone over a card reader without the necessity to using debit or credit card or even cash. This technology also allows the customer to select from multiple card to determine which one he/she wishes to use for any given transaction. With this feature the customer is able to save time and the possibility of losing their cards in the process (IEEE, 2012).VersatilityAnother of the beneficial implications of the near field technology to the customers today is their versatility.

Their ability to cover a variety of uses and its ease of use using a regular device we carry dairy is very significant (IEEE, 2012). A customer can be able to do a variety of things such as read information from the NFC tags, pay for groceries or even pay for a taxi. With the rapid growth in the smartphone usage combined with the importance the NFC technology adds to it, customers will have whatever they need at any given time without having to pull out a wallet, cards or tickets (Ahson, 2012).

Information sharingNFC technology come with small tags that transmit data through radio frequency to a smartphone or any other handheld device NFC compatible. These tags can carry information that a customer can swipe over them and read. This tags can be used to relay information about a product or an upcoming event that a customer may as well with friends or relatives through social media or email (Coskun, 2012). NFC doesn’t go without some negative implications associated with it, some of the may include the fact that most of the smartphone and other handheld devices in the market today are not NFC compatible, hence with a full scale implementation will leave out many customer without a convenient payment method (Lange, 2009).

Also this technology is expensive and only the well-established outlets are able to buy and install them and hence a very small margin of the customers are able to fully enjoy its benefits. ReferencesAhson, S. (2012). Near Field Communications handbook. Boca Raton: CRC Press.Coskun, V. (2012). Near field communication from theory to practice. Hoboken, NJ: Wiley.Langer, J. (2009). NFC 2009 First International Workshop on Near Field Communication: proceedings, 24 February 2009. Los Alamitos, Calif: IEEE Computer Society.

Proceedings 4th International Workshop on Near Field Communication: NFC 2012, 13 March 2012, Helsinki, Finland.(2012). Los Alamitos, Calif.: IEEE Computer Society.