RUMOR: Apple rejects NFC ‘wave and pay’ for new iPhone

“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,” Nick Clark reports for The Independent.

“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,” Clark reports.

“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,” Clark reports. “It hopes to introduce the technology in a handset likely to be released next year.”

Read more in the full article here.

MacDailyNews Take: The rumored rumor.

[Thanks to MacDailyNews Reader “David G.” for the heads up.]

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