NFC may play a role in Apple’s future with mobile payments

Apple NFC Technology Trends mobile payments

Apple could finally embrace NFC technology in the near future Investment firm Morgan Stanley believes that Apple will finally embrace NFC technology through a platform called “iWallet.” This is not the first such prediction to be made concerning Apple and NFC, but past forecasts regarding the pairing have failed to live up to reality. Apple has avoided NFC largely because of its concerns regarding the technology’s security and capabilities, but this avoidance mostly involved Apple’s use of NFC in mobile payments. NFC has come under fire in recent years due…

Read More

Apple wins patent for iWallet platform

Apple iphone iwallet

iWallet gains momentum through new patent award Apple has won a patent for its iWallet mobile commerce platform. Earlier this year, the technology company’s patent application for the platform was revealed, hinting at the company’s interest in mobile commerce. Time passed and it was revealed that the iWallet would be an integral part of the upcoming iPhone 5, which is equipped with NFC technology. Though Apple has announced that it will be taking a slow and steady approach to mobile commerce, the company is still showing its interest in establishing…

Read More

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

iphone 5

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…

Read More

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

apple tv ipay system

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…

Read More

Apple released details concerning NFC patents for iPhone 5

iphone 5

iPhone 5 to include new features powered by NFC Technology giant Apple has released details regarding a new patent for its upcoming iPhone 5 smart phone. The device has been generating a great deal of hype amongst consumers because of Apple’s announcement that it will be NFC-enabled. NFC technology has become quite popular, powering the progression of mobile commerce, introducing consumers to a new form of interactive marketing, and allowing for contactless data transfer. The patent highlights a particular feature for the new iPhone 5 which concerns Apple’s popular iTunes…

Read More