More Evidence of e-wallet Capabilities in iPhone 5 | Apple News

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More Evidence of "e-wallet" Capabilities in iPhone 5

January 29th, 2011, 00:58 Posted By: wraggster

A couple of new job listings on Apple's website are firming up rumors that Apple will be including so-called "e-wallet" capabilities using Near Field Communications (NFC) technology on upcoming iOS devices. The positions - for a Hardware Test Engineer and a Manager of Global Payment Platforms - indicate that development on both the technical and business aspects is near completion.

As Nick reported on Tuesday, there's growing evidence that Apple is working on a PayPal-like service that would use radio-frequency identifier (RFID) chips built into iOS devices to allow them to act as electronic wallets: you would just wave your iPhone at a reader, and money would be immediately transferred out of...

http://modmyi.com/forums/iphone-news...phone-5-a.html

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