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IWallet: 4 Things NFC Payments Need to Take Off

Apple’s next iPhone and iPad set to include NFC payment system, Bloomberg reports. Analyst: Apple has already created a prototype NFC terminal that it may subsidize or give away to businesses. NFC phones should work with existing swipeless payment systems from credit card companies, such as MasterCard Paypass. The potential market for NFC payments simply needs time to grow, as more consumers adopt smartphones that include the technology. Apple isn’t the only phone maker pursuing NFC — Google and Nokia are also including chips in their phones.”]

Source: https://www.csoonline.com/article/2126878/iwallet–4-things-nfc-payments-need-to-take-off.html

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