+ Reply
Page 1 of 2 12 LastLast
Results 1 to 20 of 25

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


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

is a discussion within the

iPhone News

forums, a part of the

General iPhone

section;
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
...
  1. #1
    MMi Staff Writer Paul Daniel Ash's Avatar
    Join Date
    Aug 2009
    Location
    Union Square, Somerville, Mass.
    Posts
    919
    Thanks
    6
    Thanked 995 Times in 401 Posts

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


    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 your account. Smartphones like Google's Nexus S already support NFC, though the readers are still rare in stores. Apple's apparently been at work on this for some time, though: Mike reported last year about how they had hired an NFC expert to develop this technology.

    One of the newly-posted job listings seeks a senior hardware automated test engineer with an advanced degree in electrical engineering who is expected to be as "comfortable doing theoretical work and as working with a soldering iron." This super-tech would have competencies in a number of fields including RF, which indicates that work on the NFC technology is at or near the testing stage, ready for inclusion in this year's iPhone and iPad.

    The ad for the Global Payments manager is looking for someone that will "contribute to the analysis and development of new payment types," and it's difficult to imagine what a "new payment type" could be other than NFC (unless Apple is going to be printing its own currency or something). The report earlier this week had suggested Apple was looking to run its new e-wallet system through a version of the iTunes Store, processing payments directly from users' bank accounts rather than going through credit card companies which charge a fee for every transaction.

    While Apple is obviously looking at the economic benefits of NFC, the technology has many other applications. For example, Bluetooth devices could be paired much more quickly - in less than a tenth of a second - by using NFC rather than having to configure both devices in Bluetooth. NFC can also be used to replace airline or concert tickets, as identification, or in place of a physical house and car key. Apple's inclusion of NFC in its popular devices is likely to spur accelerated development of NFC, so new applications will doubtless emerge over time.

    Source: AppleInsider
    Last edited by Paul Daniel Ash; 01-28-2011 at 12:20 PM.

  2. #2
    Livin the iPhone Life mortopher's Avatar
    Join Date
    Jul 2009
    Location
    Pittsford, NY via Dallas, TX
    Posts
    2,741
    Thanks
    549
    Thanked 622 Times in 346 Posts

    Awesome, we are finally catching up to Japan of five years ago.

  3. #3
    iPhone? More like MyPhone iSteed's Avatar
    Join Date
    Sep 2009
    Posts
    231
    Thanks
    40
    Thanked 26 Times in 18 Posts

    Soon there really will be an app for everything

  4. #4
    Livin the iPhone Life javiert30's Avatar
    Join Date
    Dec 2007
    Location
    New Orleans - Who dat nation
    Posts
    1,213
    Thanks
    80
    Thanked 114 Times in 87 Posts

    Quote Originally Posted by iSteed View Post
    Soon there really will be an app for everything
    Yep, wait for iToilet...
    Drive Safe with Trapster
    Speedtrap App

  5. #5
    Green Apple
    Join Date
    Jan 2011
    Posts
    31
    Thanks
    0
    Thanked 4 Times in 3 Posts

    Old phones use to have a wallet the N65 and others. The question is how much would it cost other companies to implement the technology? Give it 10 years

  6. #6
    Green Apple
    Join Date
    Feb 2008
    Posts
    65
    Thanks
    14
    Thanked 8 Times in 8 Posts

    I wouldn't want that on my phone. Can't some hacker develop something where they get close to your phone and charge you up the ***

  7. #7
    Retired Moderator StealthBravo's Avatar
    Join Date
    Jan 2008
    Location
    TX  Follow me @StealthBravo
    Posts
    32,478
    Thanks
    44
    Thanked 5,328 Times in 3,113 Posts

    I think this would be awesome

  8. #8
    What's Jailbreak?
    Join Date
    Jan 2008
    Location
    h-town, tx
    Posts
    27
    Thanks
    1
    Thanked 4 Times in 2 Posts

    Quote Originally Posted by javiert30 View Post
    Yep, wait for iToilet...
    Last time I checked, that was an app.

  9. #9
    My iPhone is a Part of Me wolverinemarky's Avatar
    Join Date
    Feb 2009
    Posts
    687
    Thanks
    19
    Thanked 34 Times in 33 Posts

    Sounds pretty sweet especially if u can avoid paying the credit card companies


    Sent from my iPhone using ModMyi

  10. #10
    iPhone? More like MyPhone Snozberries's Avatar
    Join Date
    Sep 2010
    Location
    Central Mass
    Posts
    134
    Thanks
    156
    Thanked 10 Times in 8 Posts

    Quote Originally Posted by javiert30 View Post
    Yep, wait for iToilet...
    virtual or physical?? physical already exists. there is TP/Docking station combo out there!!!

    iCarta-Atech Flash Technology
    "they're trashing our rights. hack the planet!"

  11. #11
    My iPhone is a Part of Me
    Join Date
    Dec 2010
    Location
    Montreal, Quebec, Canada
    Posts
    500
    Thanks
    50
    Thanked 30 Times in 30 Posts

    Quote Originally Posted by SpikeyDan View Post
    Old phones use to have a wallet the N65 and others. The question is how much would it cost other companies to implement the technology? Give it 10 years
    iPhone 6 or possibly iPhone 7 will have this technology; the iPhone 5 will most likely not have this.

  12. #12
    Livin the iPhone Life steve-z17's Avatar
    Join Date
    Sep 2007
    Location
    Utah
    Posts
    2,244
    Thanks
    91
    Thanked 141 Times in 121 Posts

    When this comes out I'm just going to take pictures of my Drivers License, SS Card, BYU Student ID card, and a couple other important ones with my phone. This way when I pay with my iPhone and they ask for ID I can multi-task over to pictures and show them. No need for a wallet anymore

  13. #13
    Green Apple
    Join Date
    Oct 2009
    Location
    Davis county. Utah
    Posts
    83
    Thanks
    1
    Thanked 1 Time in 1 Post
    Quote Originally Posted by steve-z17 View Post
    When this comes out I'm just going to take pictures of my Drivers License, SS Card, BYU Student ID card, and a couple other important ones with my phone. This way when I pay with my iPhone and they ask for ID I can multi-task over to pictures and show them. No need for a wallet anymore
    Hey thats an awesome idea
    I hope i get to go to BYU. But not until 2015 or so.....

  14. #14
    Livin the iPhone Life steve-z17's Avatar
    Join Date
    Sep 2007
    Location
    Utah
    Posts
    2,244
    Thanks
    91
    Thanked 141 Times in 121 Posts

    Quote Originally Posted by endwaro View Post
    Hey thats an awesome idea
    I hope i get to go to BYU. But not until 2015 or so.....
    It's a great school with great programs!

  15. #15
    My iPhone is a Part of Me
    Join Date
    Nov 2007
    Posts
    812
    Thanks
    72
    Thanked 147 Times in 90 Posts

    This would be really cool so long as a couple things happen.

    1. None of the payment process goes through Apple or any company bought by Apple. I have no interest in having them know anything about my purchasing habits. There was something about this on another site, can't remember where, but I don't think that would happen. Either way, I don't want Apple having anything to do with the purchasing or transfer of funds.

    2. It has to have the option for a charge account that can be prepaid. If not I doubt people would use it simply because of the risk of stolen info or the phone being lost. No bank is going to tolerate a bunch of people shuffling around accounts simply because they lost their phones.

    3. Goes along with #2. If this is in some way tied to a bank account or an iTunes account, everyone has got to have to option to remote wipe a phone if lost. And it'd better be completely free.

    If those conditions are met, this would be simply awesome. It would take ages for businesses to implement this nationwide though!
    HK-Z on Game Center

  16. #16
    Retired Moderator StealthBravo's Avatar
    Join Date
    Jan 2008
    Location
    TX  Follow me @StealthBravo
    Posts
    32,478
    Thanks
    44
    Thanked 5,328 Times in 3,113 Posts

    Quote Originally Posted by steve-z17 View Post
    When this comes out I'm just going to take pictures of my Drivers License, SS Card, BYU Student ID card, and a couple other important ones with my phone. This way when I pay with my iPhone and they ask for ID I can multi-task over to pictures and show them. No need for a wallet anymore
    haha maybe

  17. #17
    Green Apple
    Join Date
    Jan 2011
    Posts
    31
    Thanks
    0
    Thanked 4 Times in 3 Posts

    Quote Originally Posted by steve-z17 View Post
    When this comes out I'm just going to take pictures of my Drivers License, SS Card, BYU Student ID card, and a couple other important ones with my phone. This way when I pay with my iPhone and they ask for ID I can multi-task over to pictures and show them. No need for a wallet anymore
    Will be great steal your phone transfer the data photo shop your I'd and I'm you. Win. Good thinking though

  18. #18
    Livin the iPhone Life steve-z17's Avatar
    Join Date
    Sep 2007
    Location
    Utah
    Posts
    2,244
    Thanks
    91
    Thanked 141 Times in 121 Posts

    Quote Originally Posted by SpikeyDan View Post
    Will be great steal your phone transfer the data photo shop your I'd and I'm you. Win. Good thinking though
    Lol, I probably wouldn't actually do it, just a crazy idea. But if my iPhone really was stolen I'd do a remote wipe!

  19. #19
    Green Apple
    Join Date
    Jan 2011
    Posts
    31
    Thanks
    0
    Thanked 4 Times in 3 Posts

    Quote Originally Posted by steve-z17 View Post
    Lol, I probably wouldn't actually do it, just a crazy idea. But if my iPhone really was stolen I'd do a remote wipe!
    Lol I don't think anyone would. One too many beers and a remote wipe won't happen for a few hours. Data could have been copied and altered by then. It's a good concept but I like carrying my cards reminds me I'm a person not an obsessive phone user hehe.

  20. #20
    Livin the iPhone Life steve-z17's Avatar
    Join Date
    Sep 2007
    Location
    Utah
    Posts
    2,244
    Thanks
    91
    Thanked 141 Times in 121 Posts

    Quote Originally Posted by SpikeyDan View Post
    Lol I don't think anyone would. One too many beers and a remote wipe won't happen for a few hours. Data could have been copied and altered by then. It's a good concept but I like carrying my cards reminds me I'm a person not an obsessive phone user hehe.
    Yeah I'd feel safer with my cards.

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts