NFC tags are passive devices, drawing power from the device that reads them through magnetic induction. When the reader gets close enough, it energizes the tag and transfers the data.Feb 10, 2021
How expensive is an NFC tag?
Depending on the manufacturer, NFC Chips cost an average of $0.25 per chip, and RFID can cost anywhere between $0.05-$0.10 cents, making both very affordable solutions.Oct 10, 2017