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January 25, 2011

Use your next generation iPhone, iPad as a digital wallet?

The buzz today is that Apple is reportedly planning to include Near Field Communication technology (NFC) into the next generation of its iPhone and iPad.

NFC, in case you don't know, enables devices to share information between each other at close proximity, around 4 inches. In practical scenarios, your iPhone could become your digital wallet, using NFC technology that links to your bank account and can be used at point-of-sale terminals. Imagine swiping your iPhone at the WalMart register.

For some quick and dirty background on NFC, check out this wiki.

NFC has possibilities for improving ease-of-use in mobile and electronic ticketing, electronic money payments and transfers, and multi-device communications.

Some wonder if Apple is making a play for the mobile payments market, in a way that could cut out the credit card companies. Apple has millions of subscribers to its iTunes service, and it wouldn't be a huge technological leap to use NFC and connect their users via their accounts on PayPal. MG Siegler of TechCrunch, hypothesizes.

I'm sure Visa and Mastercard would remain on the cutting edge of NFC technology, too.

But imagine a world where you're using an iPhone to buy real stuff, not just virtual goods such as music and videos, and Apple becomes the entity that's enabling the purchase. I don't know how I feel about that.


This is an archived version of the technology blog. For updated coverage, see the current baltTech location: baltimoresun.com/balttech
Posted by Gus Sentementes at 10:03 AM | | Comments (2)
Categories: *NEWS*, Big Ideas, Smartphones
        

Comments

No matter what iPad 2 will be like, but we can sure that it will be better than the first generation, we have to do is waiting and waiting for its final appearance!
What's more, I find some Leaked Photos of the upcoming iPad 2
They all are showing a beveled edge, slimmer design with flat back, cameras, and a back speaker and these pictures here really make us drool.
http://www.ifunia.com/news/leaked-photos-of-the-upcoming-ipad-2/

Actually, I find the iPad works well as a ibook. Not to deny that the Nook has it's uses, but most people I know use the iPad to reading. As for choice, it's also important to remember that you're not locked into one store with Apple. Indeed, I get most of the ibooks on my iPad . So when it comes to content, I actually prefer an iPad or an Android tablet that will give me multiple options for reading so that I have the widest selection of titles available
What's more, Indeed, I'm an movie lover, so I get most of the movies on my iPad through ifunia ipad converter.
I think other will do the same things once they think it is really worth to do.

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About Gus G. Sentementes
Gus G. Sentementes (@gussent on Twitter) has been writing for The Baltimore Sun since 2000. He's covered real estate, business, prisons, and suburban and Baltimore City crime and cops. He was one of the first reporters at The Sun to use multimedia tools and Web applications -- a video camera, an iPhone -- to cover breaking news. He hopes to cover Maryland geeks and the gadgets and Web sites they build, and learn -- and share -- something new every day.

Gus has a wife, a young daughter and two feuding cats. They live in Northeast Baltimore.
This is an archived version of the technology blog. For updated coverage, see the current baltTech location: baltimoresun.com/balttech
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