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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on July 24, 2014, 09:00:26 pm



Title: News: Report: Apple could launch own mobile wallet this fall
Post by: HCK on July 24, 2014, 09:00:26 pm
News: Report: Apple could launch own mobile wallet this fall

Apple executives have had recent conversations about launching an iPhone-based mobile wallet as soon as this fall, according to The Information. The company has reportedly told partners its mobile payment system would contain “secured element” hardware within the phones that would store sensitive financial information. The Secure Enclave coprocessor in Apple’s A7 chip would likely fit the bill — as noted by Apple, it relies on…

Source: News: Report: Apple could launch own mobile wallet this fall (http://www.ilounge.com/index.php/news/comments/report-apple-could-launch-own-mobile-wallet-this-fall/)