Unfortunate. Everyone not caring/not wanting your financials on your phone - You don't have to use the feature, and I probably wouldn't anyways as there are only a few places that have the scanners available, meaning you still have to carry your wallet. Plus what do you do at a sit down restaurant? Hand the waiter your phone?
But anyways the reason I want NFC is for super simple device pairing. Hold devices up to each other and tap a button on the screen. Then you can share information (Contacts, photos, notes, etc. could be anything).
Instead, we have to rely on iMessage/email/dropbox/etc. and upload things to the internet and back.
Just think, to share a contact with an acquaintance you just met all you have to do is touch your phones together and hit "share contact". Now you both have to open the phone app, go to contacts, add contact, type in name, phone, email, etc. Or you both have to have a contact sharing app, or share via email.
If this iPhone doesn't have it then it means the tech will take another year before propagating to the majority.
NFC allows BT 4.0 to be useful for data transfer. Without it then it only remains useful for headsets.