iPhone 6 will function as 'mobile wallet' following Apple deal with Visa - reports
Apple's next smartphone will reportedly use near field communication technology to allow contactless payments.
Apple’s ambitions for the iPhone 6 to function as a ‘mobile wallet’ seem to be growing, with the Californian tech giant reportedly agreeing on a deal with Visa, MasterCard and American Express.
More than 800 million individuals already have their credit card details logged in Apple’s system and are happing spending their money on music, movies and apps using their mobile.
Transforming these customers – who are more likely to be affluent and from Western countries – into mobile payment users could move the entire industry forward nearly overnight.
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