Siding with NFC is a good idea for Apple. They avoided the market seeding problem on demand & supply side.
Added about 2 years ago | As appeared first on telecoms.com
Apple may have lined up the chief executives of Bank of America and JP Morgan Chase to laud the launch of Apple Pay, but reaction from the wider industry was more muted, reports Banking Technology. Currently announced only for the US, Apple Pay uses the Near Field Communications capability of the latest iPhone 6 smartphones to enable contactless payments using credit or debit card data stored in the Secure Element – a dedicated part of the phone chipset – and the Passbook application. It also... Continue reading on www.telecoms.com
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