What does it mean for a phone to be NFC enabled?

An NFC-enabled phone has Near Field Communication (NFC) technology, allowing it to exchange data wirelessly over short distances, typically up to a few centimeters. This capability enables various applications, such as mobile payments, ticketing, and data sharing between devices simply by tapping them together. NFC is commonly used for contactless transactions and can also be utilized for pairing devices or accessing information from NFC tags.