Tuesday, May 20, 2014

Morgan Stanley analyst hints at NFC mobile payments coming in the next iPhone

According to analyst firm Morgan Stanley, Apple might finally include an NFC chip inside the iPhone to provide for its alleged mobile payments service. Previously, CEO Tim Cook asserted that that Apple might enable mobile payments that take advantage of the iPhone 5s's TouchID fingerprint scanner for authorization, but didn't mention near-field communication support.



As NFC is becoming more widely adopted, Morgan Stanley analyst Craig Hettenbach thinks that the technology is reaching an "inflection point" driven by developments by Apple and other technological companies. Cupertino itself ...



from PhoneArena - News http://ift.tt/SeekWa

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