By Harro Ten Wolde FRANKFURT (Reuters) – Apple Incs move into mobile payments, announced on Tuesday with the launch of its new iPhone 6 phones and the Apple Watch, is expected to give a boost to the wireless technology behind it, called near-field communications (NFC), analysts and makers of the technology say. All the new Apple devices will come equipped to operate its new payments service Apple Pay, which launches in the United States next month and allows users to pay for items in stores by tapping their phone on contactless card payment terminals instead of the underlying credit or debit card. For Apple Pay to work the new devices come with a secure element chip and a near-field communications, or NFC, antenna. The NFC segment is dominated by NXP Semiconductors, which invented the technology with Sony.
iPhone 6 and Apple Watch seen boosting NFC technology
11
Sep
2014
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