Whereas once cash was king, now more shoppers than ever use their mobile phone’s electronic wallet as a contactless payment system when buying items, replacing credit cards or electronic ticket smart ...

Often the term will bring to mind the ability to pay by holding your phone over a reader, but the system can also use NFC tags embedded in credit cards, ID card, passports, and the like.

The European Union’s Digital Markets Act (DMA) antitrust legislation compelled Apple to grant developers greater access to the iPhone’s NFC reader, and this change was implemented earlier this ...