The company’s next iPhone will feature its own payment platform, sources familiar with the matter told WIRED. In fact, that platform will be one of the hallmark features of the device when it’s unveiled on September 9. We’re told the solution will involve NFC.
An NFC-enabled iPhone has been touted for some time. Most recently, a leaked schematic for the iPhone 6 alleged that NFC technologies would be included in the next-generation iPhone. Before that, it was claimed that NFC would make an appearance this year by industry sources with a payment system being key to the plans.
Apple CEO Tim Cook has also made it no secret that a payment system was part of the company’s thinking when creating its Touch ID fingerprint scanner, with Apple reportedly hiring staff to head up the operation as they enter what could be a lucrative business.
The Cupertino company is perhaps perfectly positioned to enter the mobile payment space. With a secure identification process in Touch ID on its hardware, the Passbook app on its devices, iBeacons being implemented in retail spaces and over 800 million credit cards linked to iTunes accounts, all the pieces seem to be in place already. Despited NFC’s relative lack of penetration in the US market, it has gained some traction in European and other markets and a push from Apple could cause retailers to adopt the tech much sooner.
According to WIRED: “We’ll find out more on September 9th.”
Would you use an Apple mobile payment system? Do you think NFC would be a useful addition to the iPhone? Let us know your thoughts in the comments!