iPhone 5 & iPad 2 to Use NFC for Mobile Payments
By Ricky Mauch

This Tuesday morning, Bloomberg BusinessWeek reported that Apple is gearing up to add a mobile payment feature on some of its iOS devices. According to the report, Apple will utilize NFC or Near-Field Communication technology via a combination of a hardware chip and software program. The said mobile payment capability will be made available pretty soon on some of Apple?s top iOS devices - particularly the iPhone and the iPad. Richard Doherty, director of the consulting firm Envisioneering Group, said that both iPhone 5 and iPad 2 - that are expected to go out this year ? will most likely be the first to sport NFC for mobile payment functionalities. This makes perfect sense since Apple already has hired NFC experts many months ago to work on such technology, although the picture was not really that clear yet during that time. Most tech experts even say that Apple should have no problems should this plan be implemented soon since Apple already holds numerous patents surrounding the technology, plus Apple?s very own iTunes already has a number of connections and yes, credit cards associated with it. Now it looks as if the future has finally arrived. Source




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