Problems Faced by NFC Payment Users - A Study with Special Reference to Kolenchery, Ernakulam District, Kerala

Abstract Near Field Communication (NFC) payment system is a contactless payment technology that allows users to make transactions by simply tapping their mobile devices on a payment terminal. NFC payment systems are becoming increasingly prevalent in various sectors, including retail, transportation, and hospitality, due to their ease of use, speed, and security. NFC payment systems offer several benefits over traditional payment methods, such as cash and cards. With NFC technology, users can make payments without the need for physical cash or cards. This eliminates the need to carry bulky wallets and reduces the risk of losing cash or cards. NFC payments are also contactless, making them a safer payment option during the COVID-19 pandemic. Additionally, NFC payments are faster and more efficient than traditional payment methods, reducing transaction times and increasing business efficiency. To conduct the study researcher uses ANOVA Key Words: NFC, Payment, Technology, ANOVA