A recent study performed by ABI Research shows projects that one-half of all cell phones will be RFID-enabled to support near field communication (NFC) technology. The Nokia 5140 currently supports this technology.
According to the RFID Journal:
NFC technology uses short-range RFID transmissions that provide easy and secure communications between various devices. That means that, for example, making a reservation could be as simple as holding your phone close (less than 20 centimeters) to a poster or advertising billboard. Without ever dialing a number or speaking to anyone on the phone, you’d be able to purchase concert tickets, book hotel rooms and make other types of reservations and have these transactions charged to a credit card using account information stored in the handheld device or phone.
Read more: Developing RFID-Enabled Phones
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