NFC payments using mobile phone

This bachelor thesis is focused on the current trend in usability of mobile phones which is paying contactless at merchants using NFC. The beginning of this thesis is aimed at explaining basic terminology, business model, current market share of mobile operating systems and technologies such as NFC, Secure Element, Host Card Emulation and tokenization. This part is followed by categorizing and describing different applications for contactless payments in Czech Republic. These applications can be viewed as applications released by certain banks (bank applications) or by other companies (nonbank applications, often connected to a specific operating system). Part of this thesis is also aimed towards wearables and potential future development regarding contactless payments in Czech Republic. Main goal of this thesis is to analyse different applications based on predetermined criteria. Conclusion of this analysis is used to fulfill the goal of this bachelor thesis which is identifying the most advantageous applications. Last objective of this thesis is to sum up a list of recommendations for potential users to secure their experience