Analysis of next generation proximity transaction technology in wireless technology for short range communication and designing of transaction system

Abstract

The usage of network and online services has been increased manifold since last decade. At present mobility becomes a requirement; especially after the enhancement that took place in the new technologies. Numerous wireless technologies are available, and most of them are standardized. Some were developed for particular applications while others are flexible. Most are also implemented in small, low-cost integrated chip form or in complete drop-in modules. Selecting the technology for a given application is the challenge.