Personal Finance

NFC Credit Card Purchases Not Expected for iPhone 5

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NFC Credit Card Purchases Not Expected for iPhone 5Rumors from England indicate that Apple’s iPhone 5 will not include near-field communication technology, which would have enabled users to utilize the device as a “mobile wallet” to make credit card purchases, according to a report from Apple Insider. Similarly, the same technology was expected to be included in the iPad 2, yet the product was released late last week without it.

However, Apple is still considering including NFC technology in next year’s iPhone 6, the report said. The likely reason for it being withheld from the 5 is that there is no standard for this type of mobile payment security.

[Related: Your Smarter Smartphone]

Apple was attempting to hire experts on both NFC technology and mobile payments as recently as January, the report said.

As a result of Apple’s failure to include NFC payments in the latest iPhone and iPad, the only mobile device operating system that will support it this year is likely to be Google’s Android, the latest version of which included technology for it. However no mobile phones available to the public, which are capable of running it, currently have the necessary chips embedded.

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  • http://immediately-credit.com/Park-Credit/Parkside-Credit-Union/ Parkside Credit Union

    As a result of Apple�s failure to include NFC payments in the latest iPhone and iPad, the only mobile device operating system that will support it this year is likely to be Google�s Android, good

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