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To answer your question, I reached out to Identiv, a company that is among the leading providers of Near Field Communication (NFC) solutions. Amir Khoshniyati, the firm’s general manager and the VP of its transponder business, says there are many applications that reroute to Zelle, PayPal, Venmo and other merchant services. You can search the App Store or Google Play. A secure encoding to the tag can launch one of these apps and begin the payment process. He adds that valet services and charity donation stations use this method to facilitate transactions.
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How Can I Resolve a Problem I’m Having With RFID Transponders? »