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To me, it suggests that the iPhone 5 will unfortunately NOT have NFC (or at least not the built-in iPhone-to-iPhone payment system many of us expected). This i
by rkudeshi 16y ago
To me, it suggests that the iPhone 5 will unfortunately NOT have NFC (or at least not the built-in iPhone-to-iPhone payment system many of us expected).
This is a real shame, as the fragmentation of Android means it will be hard for Google (instead of Apple, as expected) to truly make NFC the new "digital wallet" standard.
- 18pfsmt 16y agoThere are a ton more stakeholders in NFC technology than Apple and Google. The way Mastercard and Visa look at it, they are taking away market share from cash ($). Currently, contactless payment terminals exist at 1% of merchants (the 1% is from memory, but it is low): -Fast food (e.g. Mcdonalds, Jack in the Box) -Convenience (e.g. 7-eleven) -Movie Theaters (e.g Regal Theaters) -transit terminals (e.g. Las vegas, San Fran, Chicago, D.C.) These two companies are not the make or break stakeholders in the NFC equation.