We have previously brought you a post about NFC but we think you should check out the following article from Think Quarterly if you haven’t quite grasped the concept of NFC yet.
They have put together a really thorough, yet understandable article which explains it in a way that everyone can understand.

SOURCE: Think Quarterly Via PDA247
A lot of new phones are coming with NFC, but few of them actually have the services to use the technology. Hopefully major payment processing companies will announce their solutions soon.