Volume 3, Issue 2

Role of Near Field Communication Technology and its Impact on Consumers

Published:    2019-12-30

Authors

N. Jannifer Rani,  Anli Suresh

Abstract

The day-to-day changes in the technology have paved way for many new inventions. Near Field Communication (NFC) technology is one among the new inventions in recent years. The NFC technology which is installed in smart devices and felicitates the customers to transfer their data, make payments and many more activities. In this modern era, people are much away from cash, moving from traditional way of payment to the modern ways from cash transactions to paying through online mode through the smart devices. To perform this payment activities NFC technology is used. The research was carried out with 100 NFC using respondents and the sampling tools used were Factor analysis, Correlation Analysis, Regression Analysis. The sampling method used for the study is simple random sampling. The research was carried out and Cronbach’s alpha reliability test proved to be consistent and reliable. The researcher has identified the factors influencing to use the NFC technology and also found the most influencing factors. The concluding observations are Services and Relative advantage is the most influencing factors from the study.

Keywords

Information, NFC, Relative Advantage, Services, Uses.

Full Text   Volume 3 - Issue 2