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iPhone 5 And iPad 2 Could Feature NFC For Mobile Payments – iPhone Hacks .recentcomments a{display:inline !important;padding:0 !important;margin:0 !important;} iPhone Hacks
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According to a recent Bloomberg report, Apple will build NFC (Near Field Communication) chips into the next generation iPhone and iPad. NFC is a short range wireless technology that enables devices to communicate with each other to perform simple transactions. This technology has been in use in countries like Japan and South Korea – but is yet to take off in the West. Just last month, Japanese mobile carrier Softbank introduced limited NFC functionality using an add-on accessory that sticks to the back of the iPhone for mobile payment. Bloomberg is quoting Richard Doherty, director of consulting firm Envisioneering Group who has said that Apple would be embedding NFC chips in iPhone 5 and the iPad 2. Doherty in turn is citing engineers who are involved in this project for Apple. It remains to be seen how Apple implements this functionality in iOS. The current speculation is that this could potentially evolve into a payment system that would be tied to iTunes.“Apple’s service may be able to tap into user information already on file, including credit-card numbers, iTunes gift-card balance and bank data”, says Richard Crone, financial industry adviser Crone Consulting LLC. Crone also adds that Apple would is looking at tapping in to the large online payments market in the US.According to Doherty, Apple has already created a prototype of a payment terminal that small businesses could use to scan the NFC-enabled iPhones and iPads for payments.Are you looking forward to turn your iPhone and iPad in to an easy payment system – whilst on the move?[Via Bloomberg]TweetShareRelated PostsSoftbank Brings NFC Technology To iPhone 4 For Mobile PaymentsStarbucks Mobile Card App Lets You Pay For Coffee With Your iPhone, iPad, iPod TouchiPhone 5 Will Be Completely Redesigned, Come With Multi-Core Processor; iPad 2 To Come With High Resolution Screen, SD Card Slot & CamerasiOS 4.3 To Bring Mobile Hotspot Feature To GSM iPhonesTurn Your iPhone Into A Credit Card With Visa’s In2Pay CasePosted by Whizkid on January 27, 2011 in New iPad, Next generation iPad, New iPhone, Next Generation iPhone, iPad 2, 2nd Generation iPad, iPhone 5, iPhone News, iPhone Rumors | Permalink|Comments (9) Comments 
Bobby said... Weird – Is this going to be the next “big” feature for iphone and other devices?
January 27, 2011 at 8:39 AM Reply
johnny said... Great! I’m waiting for that for a long time.
January 27, 2011 at 9:26 AM Reply
fas said... I doubt the next gen will make it with all these features, maybe iPhone 6.
January 27, 2011 at 9:46 AM Reply
lifting bench said... It was such a great idea. No wonder that our world nowadays is so high tech and how innovative it is. It would be actually a great help to me and for all the people who’s subscribing this iPhone 5 and iPad 2. I would have to inform my friends about it. For sure they will love it too.
January 27, 2011 at 12:15 PM Reply
not so savvy said... I will not be using such features because in this day and age it is all about information which can easily be hacked yes we should move forward with technology but somethings are better left simple
January 27, 2011 at 2:49 PM Reply
Abel said... Would LOVE this feature. I’ve been wanting to do the embedded chip for a long time.
January 27, 2011 at 3:50 PM Reply
MAD said... iphone 4 on 4.1 unlock please…… 4 months!!!!!!!???????????
January 27, 2011 at 4:19 PM Reply
Tash said... Are u guys gonna stop telling us bout ipad ? I dont thing anyone visiting this site is interested….what’s the name of your website again ?
January 27, 2011 at 6:20 PM Reply
Johnny said... lol…hackers will have a field day with this one!
January 28, 2011 at 12:44 AM Reply Leave a ReplyClick here to cancel reply.Name (required)
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