The main advantage of NFC chips is that they do not require manual pairing with other NFC-enabled devices; the NFC chip automatically connects to the other chip when the other device comes in close proximity of less than 10 cm in a fraction of time.
The growing penetration of smartphones in the market with NFC-enabled technology, increase in the number of NFC-based digital transactions taking place, consumer electronics adopting NFC technology and governments across the world pushing the public to make cashless transactions are some of the factors that drive the NFC chips market, globally.
The Asia-Pacific market region for NFC chips is the fastest-growing market with the highest CAGR; whereas, North America leads global near field communication chip market by capturing the largest market share.
Further, the presence of a large array of NFC-enabled mobile payment apps such as Google Wallet, Amazon, MasterCard paypass, Visa payWave, PayPal, square wallet and others have also provided a huge impetus to the growth of NFC chip market in North America.
This paper aims to analyse the financial implications of the NFC Award 2009 and its impact on three major social services namely education, health, and water supply and sanitation.
According to the constitution of Pakistan, the NFC is set up by the president of Pakistan every five years.
On the distribution method, all the commissions up to the fourth NFC (1991) followed the "gap-filling" approach.
The NFC Award 2009 has brought some profound changes in the resource distribution formula.
In this regard, NFC as an innovative artifact exemplifies the central role of the IT artifacts in IS research.
First, it goes beyond a typical literature review and establishes a framework by which we articulate the status of Body-of-Knowledge for NFC. By employing a DSR perspective, the paper proposes a research agenda and brings up promising research questions.
Third, the framework is proposed and used to explicate the BoK for NFC. Fourth, the DSR perspective with a number of criteria is used to examine the progress of NFC.
Reviewing academic literature for an emerging research area like NFC is a challenge because the accumulated knowledge may not be mature enough for synthesis.