False: RFID is a communications technology that doesn’t restrict the use of a “smart” processor.
EMV, NFC, and RFID are all related technologies which may underlie “tap to pay / sign” features.
False: RFID is a communications technology that doesn’t restrict the use of a “smart” processor.
EMV, NFC, and RFID are all related technologies which may underlie “tap to pay / sign” features.
Falsely false.
RFID: Radio Frequency Identification: passive powered by RF, returns data when powered.
NFC: Near Field Communications, is a protocol for communications, built on RFID, includes polling for readers and protocols for defined crypto and data storage/retrieval.
EMV: Eurocard/Mastercard/Visa standard for the data and crypto operations for an EMV chip, extended from physical by the use of NFC for contactless payments, primarily by replicating the data on the magstripe and adding some additional crypto and dynamic elements.
EMV is one standard for how to use an NFC card, there are others, primarily used for transit.