How Sharewear’s NFC Technology Stacks Up Against Contactless Credit Card Payments
Near Field Communication (NFC) technology is transforming how we interact with the world. From digital business cards to safety bracelets, NFC-enabled products allow us to tap and share information with ease. If you’ve ever used a contactless credit card, you’ve already experienced the power of NFC. In fact, Forbes provides a great overview of how contactless credit cards work and the many benefits they offer (source). At Sharewear, we’ve harnessed this same technology to offer a range of products that make everyday life safer and more convenient.
What is NFC?
NFC is a wireless communication technology that allows devices to exchange information when placed near each other, typically within a few centimeters. It powers many of today’s contactless payments, making transactions faster and more secure.
But NFC isn’t limited to payments. At Sharewear, we’ve embedded this technology into our digital business cards, emergency ID products, and safety solutions, so users can exchange critical information with just a tap, without the need for apps, batteries, or charging.
NFC Tap: Sharewear vs. Contactless Credit Cards
Let’s take a closer look at how Sharewear’s NFC products compare to the contactless payments we use daily.
1. Purpose and Application
Contactless Credit Cards:
According to Forbes, contactless credit cards allow users to make fast, secure transactions simply by tapping their card on a payment terminal. It’s an efficient way to pay for goods and services without the need to swipe or enter a PIN.
Sharewear Products:
Similarly, Sharewear uses NFC technology for safety and information-sharing. For example, our digital business cards allow users to transfer contact information to someone else’s smartphone with a quick tap, making networking seamless. In emergency situations, our safety bracelets enable responders to access critical medical information instantly.
The difference: While credit cards focus on facilitating payments, Sharewear’s products focus on sharing information, making them versatile tools for safety and connectivity.
2. Security and Privacy
Contactless Credit Cards:
Forbes highlights that contactless credit cards are equipped with multiple layers of security to protect users against fraud, including tokenization and encryption. These methods ensure that sensitive information, like your credit card number, is never exposed during a transaction.
Sharewear Products:
Sharewear takes privacy seriously, too. The NFC technology in our products is designed to store non-sensitive information—such as contact details, emergency instructions, or safety alerts. This makes our products a low-risk solution for information sharing, with no need for passwords or personal identification numbers.
The difference: Both systems prioritize security, but Sharewear’s NFC products are designed to share essential, non-financial data, reducing the risks associated with sensitive information exposure.
3. Convenience and Usability
Contactless Credit Cards:
The convenience of contactless credit cards lies in their speed and simplicity. Tapping to pay takes seconds and doesn’t require any additional setup beyond having the card. Forbes points out that more retailers are adopting this technology, making it easier to pay with a simple tap almost anywhere.
Sharewear Products:
Sharewear’s NFC products are just as easy to use. Whether you're sharing a business card or accessing emergency information, all it takes is a tap—no apps, no downloads, and no batteries required. Plus, our products are waterproof and durable, designed to keep you connected even in the toughest conditions.
The difference: Both NFC technologies are designed for quick, convenient interaction, but while credit card payments require special terminals, Sharewear’s NFC products only need a smartphone to function.
4. Impact on Everyday Life
Contactless Credit Cards:
For many, contactless credit cards have become a part of everyday life. From grabbing coffee to buying groceries, tapping to pay speeds up transactions and reduces the need for cash.
Sharewear Products:
Our NFC-enabled products enhance everyday life in different ways. Whether it’s the peace of mind that comes with knowing your child’s safety bracelet can provide emergency contact details or the ease of sharing your digital business card at a networking event, Sharewear empowers users with technology that fits seamlessly into their lives.
The difference: Contactless payments focus on convenience in financial transactions, whereas Sharewear's NFC products enhance both safety and personal connectivity.
The Future of NFC Technology
NFC technology is continuing to grow in popularity, and as Forbes notes, contactless payments are becoming the norm in many industries. At Sharewear, we believe this same technology can also be used to empower individuals by providing safety and convenience in everyday life.
Whether you're looking to network more efficiently or protect your loved ones, Sharewear’s range of NFC-enabled products offers solutions that fit your needs. Just like tapping a card to pay, a single tap on our products can make a significant difference in your day-to-day life.
Explore our NFC-powered products and discover how Sharewear is making everyday interactions safer, smarter, and simpler.
