New Apple IPhone To Have ‘mobile Wallet’ Function: Bloomberg
Citing a person familiar with the situation, Bloomberg said on Sunday, Apple plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger. The agreement includes participation by Visa, MasterCard and American Express and will be announced Sept. 9 along with unveiling of the next iPhone, according to the source, who Bloomberg said asked not to be identified because the talks are private. The source said, the new iPhone will simplify mobile payment by including a special communication chip, along with a fingerprint recognition reader that debuted on the most recent iPhone.
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