Near Field Communication (NFC) for mobile payments has been making a buzz around the Indian market for some time but these buzzes have been just buzzes. NFC mobile payments still hold immense opportunity for their growth in the Indian market when it comes to contactless payments in the urban India. Although NFC is a relatively new technology, its adoption will sky rocket over the next few years.

Near Field Communication (NFC) for mobile payments has been making a buzz around the Indian market for some time but these buzzes have been just buzzes. No doubt, NFC holds a great promise as an enabler of mobile payments and has been successfully deployed around the world; the Indian market has been fooling around with this technology. For technologies like NFC and DASH 7 to successfully gain strong foothold in the Indian market, there are still other blocks to be placed right for this puzzle to get its final shape.