Antena 3 CNN Tech The new iPhone 5 could make wallets obsolete

The new iPhone 5 could make wallets obsolete

The new iPhone 5 could make wallets obsolete
Sursa foto: Foto: absinthejailbreak.org
de N.B.    |    28 Aug 2012   •   18:17

iPhone 5 could be the spark that generates a revolution in the payments are made around the world. Already a substitute for MP3 players, digital cameras, portable games consoles or e-readers for most of it's users, the iPhone could become the newest choice in wallets, according to Daily Mail.

Analists looking at the leaked images of the new iPhone predict that the new Apple gadget will have the ability the act as a credit or debit card thanks to a NFC chip integrated within it's hardware system.

NFC is seen as the successor to the chip-and-pin, serving as a small contactless card which can be waved against scanners at tills to automate a payment.

NFC phones are already available in the United States, Google making a big play for the market with it's "Wallet" accounts, but the popularity of Apple gadgets and especially iPhone could send shockwaves in the payment system thanks to this feature.


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