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Apple iWallet awarded with new patent in the U.S.

06/08/2012 Stephen Vagus

Patent highlights the iWallet’s NFC infrastructure The U.S. Patent & Trademark Office has awarded Apple with a new patent concerning the company’s ambitious iWallet system. The iWallet is a mobile application being developed by Apple for the purposes of mobile commerce. The application is meant to make use of NFC technology to allow users to make mobile payments for goods and services. The latest patent is in regards to the iWallet Credit System Architecture, the infrastructure which will support the operations of the company’s sponsors and advertisers. The system is…

Apple TV may not feature mobile payment system, according to J.P. Morgan

05/04/2012 Stephen Vagus

Analysts expect iPay system to be absent from Apple TV Technology giant Apple announced late last year development plans for a new project dubbed Apple TV. The project was meant to revolutionize the television industry by introducing new technology that could open up untapped revenue streams. The Apple TV is meant to include NFC technology, which will allow it to accept mobile payments as well as provide owners with access to digital content. Speculation suggests that that Apple has plans to launch a new mobile payment platform called “iPay” alongside…

How Apple may give NFC the boost it needs in 2012

12/04/201112/04/2011 John Montgallo

NFC Technology Mobile Payments Infrastructure

Although there is a tremendous amount of talk about smartphones that are enabled with near field communication (NFC), the actual market for the technology remains quite small. However, this is expected to change in 2012, if iPhone and Windows Phone 7 devices by Apple and Microsoft are released equipped with NFC technology. Some experts, such as those at Digitimes – which is predicting that those two manufacturers will be joining with Android, Blackberry, Symbian, and Bada in the NFC environment – have announced that after discussing the topic with smartphone…

Apple may have plans to adopt NFC technology for iPhone 5

11/28/201111/28/2011 Jorge Gonzalez

Apple opted not to include NFC technology with their latest release of iPhone, but the technology company may have plans to do so with the iPhone 5 that is expected to launch next year. NFC technology has been gaining in popularity amongst the businesses of the world, namely for its ability to turn any smart phone into a payment device. Several technology and telecommunications companies, such as Google and Nokia, have invested heavily into NFC-powered mobile commerce, hoping that consumers will adopt a new way to pay for goods and…

What is Apple’s strategy for competing with Google Wallet?

10/29/201110/29/2011 Jorge Gonzalez

Industry experts primarily believe that the ever-elusive Apple has been looking into the use of near field communication (NFC) technology as a part of its upcoming iPhone and iPad devices for authorization systems to compete with Google Wallet and other mobile payment systems. Though this has not been confirmed, what many are wondering is why the company hasn’t yet openly acknowledged their exploration of this technology to convert the iPhone into a mobile wallet. The common assumption at the moment is that Apple is leaving it up to its nemesis,…