The company’s next iPhone will feature its own payment platform, sources familiar with the matter told WIRED. In fact, that platform will be one of the hallmark features of the device when it’s unveiled on September 9. We’re told the solution will involve NFC.
NFC, or near field communication, has long been a rumored addition for the iPhone hardware with reports claiming each year that the next iPhone will come featuring the necessary chip set to support the feature.
Most recently, a leaked schematic by GeekBar on Weibo purported to show a popular NFC chip, although its connection to iPhone could not be directly made aside from the claim.
As for WIRED’s mention that a payment platform will be a hallmark feature of the iPhone 6, a number of reports including from 9to5Mac have offered light on Apple’s plans in this space.
In May, we reported that Apple was holding discussions with major retailers to talk about their upcoming payment system, and The Information later reported that Apple was holding discussions with credit card companies regarding its plans for the service. Re/code has also reported on Apple’s plans to enter the space this year.
Apple CEO Tim Cook has even went so far as to hint as the company’s interest in such a service. Cook’s comments from an earnings call earlier this year:
The mobile payments area in general is one we’ve been intrigued with. It was one of the thoughts behind Touch ID [...] it’s a big opportunity …
Later in the year, Cook noted the number of iTunes accounts with credit cards Apple holds when asked about the potential for such a service.