Tuesday, August 17, 2010

How Long Till You Can Use Your iPhone As A Credit Card?

Karen Triggiani predicted this.

This is routine use for mobile phones in Asia and Europe.

Report:

Is Apple developing a payments system to use your iPhone as a sort-of credit card in stores?

The company recently hired Benjamin Vigier, "an expert in the mobile payments industry who works with a technology called near field communication," the NYT's Nick Bilton writes, citing a report in Near Field Communications World.

According to Vigier's LinkedIn profile, he's now Apple's "Product Manager - Mobile Commerce."

Bilton adds, "This isn’t the first hire at Apple with knowledge and experience in NFC. According to people familiar with Apple’s recent hiring, who asked not to be identified because they are not authorized to speak for the company, Apple has recently hired other phone engineers with background experience and knowledge of NFC and similar mobile technologies."

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/08/16/businessinsider-iphone-5-mobile-pay-2010-8.DTL#ixzz0wsXBcErI

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