Apple Expected to Include 'Wave & Pay' with iPhone 5

Filed under: Products and Services, Launches, Google (GOOG), Apple Inc (AAPL), Nokia Corp. (NOK), Research in Motion (RIMM)

First we had the iPhone revolution. Now, The Financial Times reports that Apple (AAPL) is planning to expand the iPhone to handle mobile commerce, giving the company access to the multibillion-dollar transaction industry.



You are probably wondering what and how this will be done. The iPhone 5, due out this year, likely will incorporate technology called Near Field Communication (NFC). NFC incorporates financial account information and ties the data to specific devices.

Continue reading Apple Expected to Include 'Wave & Pay' with iPhone 5

Apple Expected to Include 'Wave & Pay' with iPhone 5 originally appeared on BloggingStocks on Sat, 05 Feb 2011 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=ad1b174aaffa8dbaea6c7502599e66cf