The NFC Type 2 tag is based on the ISO14443A standard. NFC Tag Type 2 tag is more cost effective choice as it provides enough functionality at the right price to meet market needs. The Type 2 tag is read & re-write capable and users can configure the tag to become read-only. The typical Tag Type 2 IC are NXP® Ntag series and MIFARE® ULTRALIGHT series. The applications for Tag Type 2 normally are Low-value transactions or event tickets etc.