Have you heard yet about NFC? The ‘near field communication’? Apple is in news this time for this reason. Though it is only a speculation yet and nothing has been confirmed – but seems like Apple is set to introduce this new service NFC built into its iPhone and iPad that will turn these devices into one that can be used for making payments too.
So after the credit card and the debit card, looks like people will soon have a choice of paying by their iPhone or iPad. Though this news has been reported by ABC News as well as Bloomberg Report, Apple has completely brushed these aside citing them as rumours. When ABC News approached Apple to comment on this issue, its spokeswoman Natalie Harrison simply declined. She went on to add that Apple never comments on any speculation and rumour.
Gween Bezard is the co-founder and research director at the technology research firm by the name of Aite Group and when he was questioned on this issue, he just seemed concerned about when Apple will be launching this service. He never had any doubts on whether or not it will be launched.
Banking on this technology, are also the other mobile and smartphone manufacturers – Nokia and RIM to name a few. Google too has its Nexus-S already NFC-enabled. All these companies seem confident on the viability of this NFC technology.
As Aite puts it, US alone will contribute to about $22 billion pay-by-phone transactions by 2015.