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Apple working with NXP for pay-by-touch technology in new iPhone: FT

29
Aug
2014

(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 Apples 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. 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.

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