Apple Had This Whole "Wallet" Idea All Along
Patently Apple reports on a new Apple patent that details a payment system called "Transactions."It was recently unveiled that Visa and DeviceFidelity could be working with Apple to bring this system to life using technology by Near Field Communications (NFC). The patent calls for a mobile payment system that could be used to pay for items just as you would with a credit card at restaurant and retail establishments.This idea does make sense for Apple as their mobile devices are growing in market share and iTunes holds credit card numbers for countless customers.You can read the two rather lengthy articles on the patent at Patently Apple: Transaction One, Transaction Two.via 9to5 Mac
http://www.maclife.com/article/news/apple_had_whole_wallet_idea_all_along