Tech terms explained: What is….NFC? Forget cash, the contactless future is here

NFC is the convenient way to pay for goods using your smartphone instead of cash or cards. Here’s everything you need to know about this new technology.

In the ever-changing world of high-tech gadgets and gizmos, a whole load of jargon is thrown our way that many of us don’t necessarily understand.

Smart wallet shuns NFC in favor of in-house magnetic flux tech

From smart cards to smartphone-based payment services, we've seen plenty of high-tech digital wallets vying for the attention of tech-savvy consumers. The Spendwallet is the latest of the bunch, an all-in-one device that opts for an in-house magnetic field technology instead of NFC.

Wells Fargo unveils Android wallet for NFC payments and ATM transactions

Wells Fargo has built a new mobile wallet that enables customers to carry out NFC-based in-store payments as well as ATM transactions with their Android handsets.