NFC is all the rage these days – but how many of us really know what NFC-enabled devices are capable of?

RRW has a good brief overview of NFC – “NFC in 2011: What’s NFC, and Why do I care?”

NFC is a term you’re going to start hearing a lot more of this year, but many out there don’t know what it means or only have a vague idea. Some equate the term only with mobile payments and mobile wallet initiatives, thinking that NFC is just for making purchases with a phone at the point of sale.

But NFC, or near field communication, as it’s called, is more than that. It’s a technology that is poised to change every aspect of your mobile life from exchanging business cars to “checking in” via location-based apps like Foursquare and, yes, even entirely replacing your wallet’s contents, including credit and debit cards, cash, coupons and more.

You can read more on NFC here.  You can also check out this article from “Wireless Week” on”NFC: The Power to Touch and Transact“.

Update (4:37PM): Ha, just as this post went up, it appears that Bank of America and RIM is teaming up to deliver NFC/BB/BofA capabilities.  Engadget/BGR has more here & here.