Apple Adding NFC Payment Features to iPhone and iPad
From Fierce Wireless: Apple (NASDAQ:AAPL) will embed Near Field Communications-based mobile payment services into the next iteration of its iPhone and iPad devices, enabling consumers to make retail purchases by swiping their smartphone or tablet in front of a point-of-sale digital reader unit. Citing sources including Richard Doherty, director of consulting firm Envisioneering Group, Bloomberg reports that Apple engineers are presently at work on the m-payment initiative; Crone Consulting founder and CEO Richard Crone adds the service likely will leverage Apple customer information already on file, e.g. credit card account numbers, iTunes gift card balances and bank data.
Read more: Apple adding mobile wallet services to iPhone and iPad - FierceMobileContent http://www.fiercemobilecontent.com/story/apple-adding-mobile-wallet-services-iphone-and-ipad/2011-01-25#ixzz1C9XjrB9Z
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