Apple is reportedly planning to incorporate Near Field Communication (NFC) technology in its next-generation iPhone handsets, according to a report from BrightWire citing sources familiar with the matter. According to the rumors, the company has also struck a deal with China UnionPay to integrate the banking services into Passbook and elsewhere.
“Apple is likely to incorporate a Near Field Communication (NFC) payment function in the next generation iPhone and has reached an agreement with China UnionPay on a mobile payment service, according to a source close to the matter.”
Additionally, the both companies will also cooperate to develop a new mobile payment solution that can be used for purchases in Apple Stores.
According to the company’s head of marketing Phil Schiller, NFC was “not the solution to any current problem.” But a reliable analyst Ming-Chi Kuo stated early this year that iPhone maker would integrate NFC chips into its new devices alongside a set of other features.
In addition to NFC integration, Apple is reportedly searching for plans to find a mobile payment solution, with Touch ID as a foundation for payment service. The company is also rumored to offer a combination of existing Touch ID fingerprint scanner and NFC technology for the home button. The matter is Apple has recently registered a new patent describing such a system.
Apple is believed to unveil bigger 4.7-inch and 5.5-inch iPhone devices to the market later this year. Both should feature a thinner profile, a faster A8 processor, and an improved camera in the form of image stabilization.