GPS-based geolocation can be used to locate the position of a user with reasonable accuracy. However, GPS signals can be spoofed. Geofencing is effective for creating boundaries, but it does not provide precise indoor location and can also be susceptible to spoofing. NFC (Near Field Communication) relies on close proximity, usually within a few centimeters, making it harder to spoof compared to GPS but does not specifically confirm the geographic location. On the other hand, RFID signals have a longer range than NFC, which could potentially be intercepted or amplified from outside the intended area. Therefore, NFC offers a better balance between precision and resistance to spoofing for transactions within secure premises, though it isn't a traditional geolocation technology, it serves the purpose of confirming user presence within a controlled and short-range environment.