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The next iPhone, which is most likely going to be the iPhone 5S, is strongly rumoured to have both a fingerprint reader and NFC payment technology included, with the two also said to be working in tandem in the new iPhone. BGRs Jonathan Geller has written a very interesting and informative feature all about what NFC could mean for Apple, and its well worth your time, being an excellent investigation of Apples possible plans on the matter. Essentially, Geller says that its his belief that Apple doesnt just intend to use NFC as a means of tapping and paying for goods and services, but also as a payment processor, or, as he puts it, the intermediary in between a merchant and the credit card companies. Basically, you will pay for goods and services via your iTunes account, with Apple getting a slice of the commission paid for each purchase. What would make this even more effective for Apple, says Geller is that Apple would be able to pretty much do away with fraudulent purchases and chargebacks, simply by dint of the added security of using fingerprint verification for each transaction. All very interesting stuff, and Geller very much knows what hes talking about when it comes to Apple, so he could be right on the money, so to speak![/FONT]
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[FONT="][/FONT][FONT="]Source:[/FONT] http://bgr.com/2013/03/19/apple-mobile-payments-analysis-itunes-371912/?utm_source=featuredposts-widget&utm_medium=hom
The next iPhone, which is most likely going to be the iPhone 5S, is strongly rumoured to have both a fingerprint reader and NFC payment technology included, with the two also said to be working in tandem in the new iPhone. BGRs Jonathan Geller has written a very interesting and informative feature all about what NFC could mean for Apple, and its well worth your time, being an excellent investigation of Apples possible plans on the matter. Essentially, Geller says that its his belief that Apple doesnt just intend to use NFC as a means of tapping and paying for goods and services, but also as a payment processor, or, as he puts it, the intermediary in between a merchant and the credit card companies. Basically, you will pay for goods and services via your iTunes account, with Apple getting a slice of the commission paid for each purchase. What would make this even more effective for Apple, says Geller is that Apple would be able to pretty much do away with fraudulent purchases and chargebacks, simply by dint of the added security of using fingerprint verification for each transaction. All very interesting stuff, and Geller very much knows what hes talking about when it comes to Apple, so he could be right on the money, so to speak![/FONT]
[FONT="] [/FONT]
[FONT="][/FONT][FONT="]Source:[/FONT] http://bgr.com/2013/03/19/apple-mobile-payments-analysis-itunes-371912/?utm_source=featuredposts-widget&utm_medium=hom
