(fwiw I have a bit of prior experience here)
(fwiw I have a bit of prior experience here)
Even fully passive NFC tags contain logic that needs power to talk NFC back to the reader, there’s no such thing as just reading data via NFC.
You know those 4 lights on a contactless card reader? They indicate different transaction stages between the card and the terminal. I don’t find them that useful because it’s so fast they all appear to light at the same time, but that’s what they are!
If they were just passive tags, they wouldn’t be very secure, they have cryptographic processors onboard with private keys that can sign stuff for the terminal and your bank. The specs for the interaction are all public if you’re interested (I wouldn’t be!) and lookup contactless EMV.