Sunday, September 16, 2012

Does iPhone Lack Of NFC Hurt Future Of Mobile Wallet?


Apple makes decision to not include NFC chip in latest phone.

Isis NFC
The future for NFC and Mobile Payments has a variety of different companies involved. And here in the US, Isis seems to have a lead over other competitors by signing up Verizon, AT&T and T-Mobile for their services. This association should further the future for the Mobile Wallet and the use of your mobile smart phone as a way to make payments. The process has been slowly making its way towards the mainstream process. But the release of the iPhone 5 without the necessary Near Field Communications (NFC) chip threatens that future. It would seem Apple has, with the omission, impacted the forward progress of NFC because of their popularity in the US.

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