Just what are we talking about here/ The iPhone 5 and whether it has NFC or not. First the rumours said it would have, then they said it wouldn’t and now the rumour is that yes the iPhone will indeed come with Near Field Communication technology.
If you are wondering just what NFC is it basically allows you to make payments with your device when purchasing things. Near Field Communication (NFC) is a standards-based, short-range wirelessconnectivity technology that enables contactless transactions, allows you to access digital content and connect devices with the simplicity of a single touch.
However, as all this is based on rumours flying around the web at the moment its best not to make any purchasing decisions based on them and wait for confirmation of the actual specification of the iPhone.