NFC has not made its way into the latest Apple device, causing many to question the technology. Near field communication technology (NFC) has already been facing a great deal of struggle to get started, and now this would-be standard for mobile payments has taken another blow with the announcement that the chips are not embedded into the iPhone 5. Now, the prospect of using smartphones as wallets is becoming more heavily questioned. Advocates of NFC had high hopes that Apple would give its endorsement. They were greatly disappointed, though, when…
Read MoreMobile payments standard not included in iPhone 5
