$NXTD The new iPhone will make mobile payments easier by including a near-field communication (NFC) chip for the first time, the person said,” Bloomberg’s Matt Townsend reported. “That advancement along with Touch ID, a fingerprint recognition reader that debuted on the most recent iPhone, will allow consumers to securely pay for items in a store with the touch of a finger.”
New Life to NFC?
Apple is somewhat late to the mobile wallet game, a nascent yet rapidly growing industry. Companies already offering mobile wallets include Google, Citigroup and Macy’s.
