software, Transport, Development, Business
13 Jul 2022
0 min read

Innovative NFC Payment Solutions in Logistics

The development and implementation of near-field communication (NFC) have introduced significant improvements in various sectors. The technology has been particularly valuable for the payments industry. A broad range of processes became more convenient and efficient. Understanding the technology is valuable for implementing solutions in logistics.

What are NFC mobile payments?

The NFC technology relies on short-range wireless technology involving magnetic field induction. It enables communication between devices in close proximity. NFC mobile payments enable digital transactions by connecting devices and cards with NFC readers

The mentioned devices include tablets and credit cards. Convenience and speed are two primary advantages of the technology.

Companies rely on NFC mobile payments in a broad range of industries. These include retail industry, restaurant industry, and other professional services. Businesses accepting NFC payments pay charges similar to the card processing ones. The majority of credit card readers support NFC payments.

Each NFC mobile payment starts with the initiation of the NFC-enabled reader. The initial start involves the point-of-sale (POS) system. The POS system sends a signal searching for a NFC payment device. Next, the reader detects the antenna of the NFC device or a card. The communication between the reader and the device allows payment processing.

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What is a role of NFC in logistics?

While NFC technology is valuable for mobile payments, its use is even broader in logistics. Its application in supply chain management commonly delivers superior results. Companies usually combine NFC technology with the Internet of Things (IoT). Such a combination leads to higher effectiveness.

The application of NFC is possible within the scope of security, tracking, and quality controls. It is also effective for customer relations and connectivity. Implementing NFC technology increases the speed of those processes and data collection rates. The role of NFC in security includes tracking, location, and authentication functions.

NFC technology improves the inventory management function in warehouses and stores. Improvements in quality assurance stem from the broad measurement capabilities of NFC-enabled devices. These sensors allow for collecting critical data and forming databases. The automation component also enables cost efficiency.

How to use NFC in logistics?

Specific uses of NFC in logistics reflect the roles of technology discussed above. Such uses generally need the development of custom software with predetermined functionality. TRIARE develops custom software for logistics and transportation. The solutions offered in the software target the respective roles of the technology:

  • The security aspect requires using NFC-enabled labels and smart tags. These solutions identify, locate, and authenticate items along the supply chain. The technology allows protection against theft and counterfeiting.
  • Tracking relies on NFC-enabled sensors attached to items. The tracking process supports inventory management by providing location data. Restocking process improvement is possible through inventory tracking in real-time.
  • The use of NFC in quality assurance requires installing censors. These devices collect data about specific items that are critical to their quality. For instance, frozen produce retains its quality under specific temperature ranges. NFC-enabled sensors would measure the temperature and signal deviations. Businesses avoid risks related to spoilage or sale of the poor-quality items.
  • NFC payments in logistics keep their convenience and efficiency. These applications are relevant to various stages of the supply chain. NFC payments in logistics need a reader and an NFC-enabled device.
  • The IoT technology supports automation in logistics by connecting various devices. These connections support cross-device communication with the data exchange. The value of such an exchange stems from its efficiency.
  • The security of the NFC-enabled sensors adds value to the technology. The short-range of the technology minimizes the possibility of hacking attacks.

TRIARE develops software that supports the implementation of NFC technology. Customized solutions suit specific needs of companies. The approach allows for avoiding excess costs and implementing the needed features.

 

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CTO at Triare
Anton Malyy

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