Mobile payments standard not included in iPhone 5

iphone mobile payments NFC technology

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…

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Apple may have missed promising opportunity with iPhone 5

iphone 5

Lack of NFC technology may cost Apple The world of m-commerce news has been a flutter since Apple’s announcement of the iPhone 5 earlier this week. For months, speculation over whether the smart phone would be equipped with NFC technology has raged on and on. Some had expected Apple to make its powerful entry into the mobile commerce industry with its new mobile devices and applications designed specifically with NFC technology in mind (Passbook), but these expectations fell flat as the company announced that the iPhone 5 would not be…

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iPhone 5 may not feature NFC technology

iphone mobile payments NFC technology

Anandtech investigates NFC technology and the iPhone 5 Apple has remained quiet as to its plans with NFC technology and the iPhone 5. When images showing off the front assembly of the iPhone 5 were leaked earlier this week, many concluded that the issue had been laid to rest and that the mobile device would include the technology. Some technology companies have published reports concerning the matter, claiming that the iPhone 5 will not be equipped with NFC technology when it is released. Anandtech, an online computer magazine, took a…

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