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Home Mobile Cell Phones iPhone 5 & iPad 2 will support NFC mobile payment

iPhone 5 & iPad 2 will support NFC mobile payment

iPhone 5 & iPad 2 will support NFC mobile payment

—Reports are indicating that Apple plans to add a mobile payment feature to future iOS devices. The service, which utilizes a Near-Field Communication chip and a software solution, will be integrated into Apple’s next-generation iPhone and iPad.

NFC will be integrated into Apple’s next-generation iPhone and iPad

 

The source of this new information is Richard Doherty, director of consulting firm Envisioneering Group, who claims both the iPhone 5 and iPad 2 will launch this year with integrated NFC functionality. Apple is known to have hired various NFC experts in recent history, and it holds several patents surrounding the technology. The company could theoretically have a much easier time than its competitors building a successful mobile payment service thanks to the millions of credit cards associated with iTunes it already has on file.

Future iPhone users could simply enter their iTunes passwords a single time and accept a license agreement, and the service would then be enabled and ready for use. The key to the success of NFC-based mobile payments, however, is integration on the vendor side. Without a universal processing solution and widespread retailer adoption, the future of these solutions in the U.S. and other emerging NFC markets could be speculative at best.

Posted 1/27/11

David Novakhttps://www.gadgetgram.com
For the last 20 years, David Novak has appeared in newspapers, magazines, radio, and TV around the world, reviewing the latest in consumer technology.His byline has appeared in Popular Science, PC Magazine, USA Today, The Wall Street Journal, Electronic House Magazine, GQ, Men’s Journal, National Geographic, Newsweek, Popular Mechanics, Forbes Technology, Readers Digest, Cosmopolitan Magazine, Glamour Magazine, T3 Technology Magazine, Stuff Magazine, Maxim Magazine, Wired Magazine, Laptop Magazine, Indianapolis Monthly, Indiana Business Journal, Better Homes and Garden, CNET, Engadget, InfoWorld, Information Week, Yahoo Technology and Mobile Magazine. He has also made radio appearances on the The Mark Levin Radio Show, The Laura Ingraham Talk Show, Bob & Tom Show, and the Paul Harvey RadioShow. He’s also made TV appearances on The Today Show and The CBS Morning Show.His nationally syndicated newspaper column called the GadgetGUY, appears in over 100 newspapers around the world each week, where Novak enjoys over 3 million in readership. David is also a contributing writer fro Men’s Journal, GQ, Popular Mechanics, T3 Magazine and Electronic House here in the U.S.

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