Apple rejects 'wave and pay' for new iPhone

Nick Clark
Monday 14 March 2011 01:00
Comments

Apple will not include "wave and pay" chips in the new iPhone to be released later this year, dashing industry hopes that a universal standard for the technology would be adopted in 2011.

Sources at several of the largest mobile operators in the UK revealed Apple had disclosed in meetings that it would not be including Near Field Communication (NFC) technology – which enables payment for products with a wave of your phone on a reader – in the latest version of the iPhone, be it the iPhone 4GS or the iPhone 5.

One source close to the discussions said: "The new iPhone will not have NFC, Apple told the operators it was concerned by the lack of a clear standard across the industry." Yet Apple is understood to be working on its own NFC proposition, which would link payments through iTunes. It hopes to introduce the technology in a handset likely to be released next year.

Consulting group Frost & Sullivan believes payment values via NFC will hit €110bn by 2015 and Google chief executive Eric Schmidt recently said the technology would "revolutionise payments". This year has seen Google launch the Nexus S, which contains NFC technology, and the short-range wireless technology was backed by the GSMA, the mobile industry trade body last month.

Chairman Franco Bernabe said it represents "an important innovation opportunity, and will facilitate a wide range of services and applications".

Yet the stakeholders, from mobile operators and handset makers to retailers are not agreed on the standards for widespread adoption. Carolina Milanesi, analyst at Gartner, said: "Nokia has talked about this for years and nothing happened. When Google and Apple talk about it, NFC will happen."

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

By clicking ‘Create my account’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in