Apple Bringing NFC Payment Technology to Retail Stores?

[Born Again]

I would overextend my finances so quickly if all I had to do was touch my phone to the checkout pad.

As opposed to handing your credit card?

 

[charlituna]

I think it's possible that Apple might be developing a payment system that doesn't depend on NFC that is tied to iTunes accounts.

Why not both.

They could use NFC to power a collection of apps that allow you to charge to your iTunes or a 'local' account. As I recall that is what the Starbucks QR app does. It has the balance of your Starbucks gift card and to pay you input the amount and a QR comes up that the cashier scans. So why not a tap to do the same thing. Tap to validate your metro card and so on.

 

[caspersoong]

Will many countries implement NFC? I don't think so.