Apple working with NXP for pay-by-touch technology in new iPhone: FT
(Reuters) - Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications (NFC) technology into the next iPhone, which would enable smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.
NXP will provide the secure near-field communications chips that will allow an iPhone to connect with payment terminals or ticketing systems, the daily reported. (on.ft.com/VRN8xK)
NFC technology allows a smartphone to communicate wirelessly with other devices by tapping them together.
Apple has invited media to a "special event" in its hometown of Cupertino, California on Sept. 9, when the iPhone maker is expected to unveil the latest versions of its best-selling smartphones.
Both Apple and NXP declined comment.
(Reporting by Arnab Sen in Bangalore)
- Nurse defies Ebola quarantine with bike ride; negotiations fail |
- Suspect in Pennsylvania police ambush captured after seven-week manhunt |
- Global shares jump, yen slumps as BOJ cranks up stimulus |
- Special Report: Tsunami evacuees caught in $30 billion Japan money trap
- Inspiration for Harry Potter nemesis Umbridge revealed on website