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MasterCard’s head of emerging payments, Ed McLaughlin, recently sat down with Austin Carr of Fast Company to discuss the future of credit cards. According to McLaughlin “we’re rapidly moving to...
02-01-2012, 02:56 AM #1
Apple Rumored to Incorporate NFC Technology in Next-Gen iPhone
MasterCard’s head of emerging payments, Ed McLaughlin, recently sat down with Austin Carr of Fast Company to discuss the future of credit cards. According to McLaughlin “we’re rapidly moving to a world beyond plastic. In many ways, plastic is just convenient packaging.” He believes that the future of on-the-go payments lies in the hands of near-field communication but the adoption rate seems to be extremely slow and availability seems very limited. Although NFC technology has been featured in a number of Android devices, MasterCard feels that it won’t go mainstream until an iPhone is equipped with the mobile payment solution.
Apple has repeatedly shown that it is one of the few consumer electronics companies right now that has the ability to transform and create entire industries. Before iTunes and the iPod, a very small number of people paid for digital music and media tablets were also a non-factor until the iPad. It seems like the mobile payment industry might need Apple to become a mainstream phenomenon as well.
One of the interesting things that McLaughlin mentioned was that he “doesn’t know of any handset manufacturer that isn’t in process of making sure their stuff is PayPass ready.” When asked specifically if Apple was one of these manufacturers, McLaughlin stuttered; “Um, there are … like I say, [I don’t know of’ any handset maker out there. Now, when we have discussions with our partners and they ask us not to disclose them, we don’t.” This leads everyone to believe that Apple is working on incorporating the NFC technology and hasn’t announced or revealed anything as of yet. It is quite possible that we will be seeing the technology available in the next-generation iPhone (rumored to be the iPhone 5).
Source: BusinessInsider, Fast Company
02-01-2012, 03:34 AM #2
This will be a feature that I will use
02-01-2012, 05:57 AM #3
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Why doesn't apple just put to batteries in the iphone? If they keep adding things that drain the battery. But then again idk much about NFC yet.
02-01-2012, 06:13 AM #4
This is such a bad idea!!!! Before if someone had this technology, all a hacker had to do was scan the area with their laptop and get all the information they needed to steel someones credit card. Now since this technology will be embedded in the next generation, that means everyone will have the technology and could easily write an app to scan the area and crack the codes. People are going to get hacked and the blame will be set on Apple.
02-01-2012, 08:15 AM #5
Have NFC in my Galaxy Nexus and never use it. Not worried about hackers either. NFC can be turned on and off.
I would rather find out that the iPhone 5 has LTE, wide angle lens, iOS 6, Barometer, 4 inch screen, tv tuner, IR built in, etc etc... NFC not so much.
02-01-2012, 08:25 AM #6
^ Agree all those features would be nice, but when has Apple really ever given us what we wanted right out of the box. Since the 1st generation iPhone we all wanted text tones, and random little things that we always had before the iPhone. We didn't see that feature for years, and generations later. We have to wait for something big to hit Cydia then Apple will jump on it or just steel the source code.
02-01-2012, 08:30 AM #7
02-01-2012, 09:29 AM #8
I'm ok with rumors, but when you just do the same ones every year it is kind of annoying.
Last edited by Zokunei; 02-01-2012 at 09:45 AM.
02-01-2012, 09:36 AM #9
02-01-2012, 11:31 AM #10
I'd love NFC - I think why so many of you that 'have it and dont use it' have that mindset is because its not mainstream. If I could walk out my house with only my phone and could leave my wallet at home - it would make my life easier.
02-01-2012, 11:49 AM #11
I once prayed to God for an iPhone, but quickly found out He didn't work that way...so I stole an iPhone and prayed for His forgiveness.
A dog is the only thing on earth that loves you more than you love yourself. - Josh Billings
02-01-2012, 02:46 PM #12
Some of you should realize theres already tons of phones with nfc...
02-01-2012, 05:47 PM #13
I'm an Android user (converted) and I hope they incorporate this into their next phone. It will push retailers to migrate/adapt to NFC type payments. Android phones have this but you don't see a lot of places that utilize it.
I hate and love Apple at the same time. Hate them because their phones and features are already out but when they release it it's like God's greatest gift to man but I love them because so many companies bend over backwards for them.
I still miss the platform but not the specs.
02-01-2012, 08:32 PM #14
This was said last year...
02-01-2012, 10:36 PM #15
02-02-2012, 12:12 AM #16
*Yawn* How long has Android had this feature? Shame that the press/media will give credit to Apple for this.