US-based tech giant Apple is planning to make its upcoming flagship smartphone iPhone 6 a mobile wallet. This will enable its users to make secure payments via mobile bu just pressing a finger. This information has been released by Bloomberg citing a person familiar with the matter.
The company has reportedly entered into a partnership with Visa, MasterCard and American Express for the service. Apple will make the official announcement on September 9 along with the launch of the next iPhone, the source said.”
The latest iPhone smartphone will be able to make payments with the help of a near-field communications (NFC) chip as well as a fingerprint recognition reader, the source informed.
Bajarin has been quoted saying, “Love it or hate, Apple drives a lot of standards in the industry. They are the mover in these markets. When they do something, the industry seems to follow. It’s about retention, solving and adding features that keep your base engaged and keeping them loyal.”
The smartphone is likely to be equipped with Apple’s next OS version, iOS 8, and it would be more scratch resistant as compared to the screens of the current iPhones. The smartphone is also likely to sport several other features, including 64-bit mobile processor, a clock speed of 2.6GHz and improved RAM. Additionally, it would have an advanced version of the camera along with optical image stabilization.