By: Michael Koploy
ERP Market Analyst, Software Advice
Apple is supposedly working on an iPhone that will have near field communication (NFC) capabilities, along with other hardware and software upgrades. While the latter upgrades will be nice, I think the true potential lies in NFC. NFC technology is powered by radio frequency identification (RFID) chips, the ones that distributors and retailers use to monitor palettes and inventory when shipping.
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Filed under: Apple, General technology, Hardware, iOS, Iphone, Media, Software, App Store, Apple, Apple Payments, contactless payments, Credit card, gotobilling, Hardware, IPad, iPhone, iPod Touch, ITunes, MasterCard, mobile payment system, Near Field Communication, Near Field Communications, NFC, payment industry, payments, paypass, radio frequency identification (RFID), RFID, software developers, Stacy Roderick, Visa