Apple iPhone 5 to have NFC feature

Apple was expected to introduce the Near Field Communication (NFC) technology in the iPhone 4S that was launched in October 2011. The company is yet to use the NFC technology in its iPhone. The blog, 9to5mac has managed to get some evidence regarding the usage of the NFC chip in the next iPhone.

Apple iPhone 4S was highly speculated to have the NFC feature but the smartphone launched without it. Apparently, the Curpertino based company has stated working on this only last year. The firm has hired some experienced people in order to implement the NFC on the iPhone prototypes.

The recent development buzz states that Apple is testing a new iPhone prototype with the NFC chip. The prototype is being tested by the payment partners and developers who are working with the iPhone NFC implementation closely.

When Apple announced the iOS 6 at the Worldwide Developers Conference 2012, it also announced a new wallet application called Passbook that is aimed to compete with Google Wallet and the upcoming Microsoft wallet service. The Passbook mobile wallet app is expected to include an NFC chip with the participating traders and payment gateway companies.

Apple is expected to unveil the iPhone 5 in September. The mobile payments and transactions will definitely be taken to a new level with the entry of Apple into NFC payments, banks and similar departments. This is the right time for Apple as the consumers have gradually started using their phones to pay using mobile wallet services. Within a couple of years several users will be on board.