Using NFC in iPhones for authentication in the payment process

From what I know, Apple's NFC chip cannot be linked to a card without Apple Pay.

Which means Core NFC cannot be used for payment related application ID's , based on this documentation https://developer.apple.com/documentation/corenfc


What if I want to use the NFC chip for authenticating a financial transaction? I have been scouring through Apple's legal documentation but I haven't found anything.


Is it possible to use the NFC chip for a financial transaction but without using the payment protocol?

If no, could you provide a source for it ?


Thanks

Using NFC in iPhones for authentication in the payment process
 
 
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