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No NFC Payment System in iPhone 5, Pushed to iPhone 6?

Soon we won't need a device, just a fingerprint, chose a card one the screen (Visa/MC/Debit), sign or enter pin, done.

Great way to track… everything…

Someone mentioned transaction fees. If Apple implements NFC through its iTunes Store, thereby charging your CC linked to your account, would there be a third party fee from Apple?
 
bedifferent said:
soon we won't need a device, just a fingerprint, chose a card one the screen (visa/mc/debit), sign or enter pin, done.

Great way to track… everything…

someone mentioned transaction fees. if apple implements nfc through its itunes store, thereby charging your cc linked to your account, would there be a third party fee from apple?
Click to expand...

30%
 
retroneo said:
The phones that are all coming out right now with NFC have to locations where the secure element can be kept because carriers want it in one place (on the SIM) and the handset makers want it in the other (on the phone).

I presume Apple is watching how this pans out.

It is up to the carrier whether they order the Samsung Galaxy S2 with or without NFC - Samsung is making it in two versions to keep the carriers happy. Releasing iPhone 5 with the secure element in the phone only risks making carriers unhappy.
Click to expand...

I'm sure apple wouldn't even consider anything other than tying the NFC to an itunes account (both for purpose of identity and for payments).
 
jarofclay73 said:
So, I wonder what is the compelling feature for iPhone 5? For iPhone 3GS users, if it has everything the iPhone 4 has + A5 processor + 1GB RAM + maybe even 64GB of internal memory. Maybe even a megapixel upgrade or 1080p video?

However, if that is the case it is not compelling for iPhone 4 users to upgrade.
Click to expand...


In my case you're correct. I'm on the iPhone - iPhone3GS - iPhone5 two year upgrade cycle and will definitely do so even if the iPhone5 is just an iPhone4 with the A5 chip. 64GB would be nice to see too though, and also Thunderbolt. If they can squeeze in a little more screen size that would be nice, but only if it doesn't increase the size of the phone.
 
No NFC? No problem. Not a heavy user anyways even though all my credit cards have the ability to do so (in S. Korea).

Instead, just give me a 64GB option and I'll be a happy camper :)
 
jav6454 said:
Oh look, it's Full of ... Fail?. Let me put you on the ignore list for making such ridiculous and backwards comment.
Click to expand...

What will be the big feature for the iPhone 5? Apple loves to make lists of new features. If not NFC, if not LTE, if not a larger screen, what? Facetime HD? No one cares about Facetime. Thinner, lighter, faster? Yawn.

iOS 5 better be one hell of an update or iPhone 5 is going to be one hell of a disappointment. Starting to look like 2012 might be more appropriately dubbed The Year of Android.
 
saving107 said:
NFC was the only reason why I was going to be upgrading to the iPhone 5 (and the only thing missing from the iPhone 4), dang it, now I have to wait until 2012 to upgrade.

boo Apple, the next iPhone is going to be an epic fail.
Click to expand...

Signs of sarcasm detected, can't confirm. :p

I could not care less about NFC. Just more ways to get consumers to.. *gasp* spend! No thanks. Gimme more flash storage and a bigger screen, please.
 
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iPave said:
bedifferent said:
soon we won't need a device, just a fingerprint, chose a card one the screen (visa/mc/debit), sign or enter pin, done.

Great way to track… everything…

someone mentioned transaction fees. if apple implements nfc through its itunes store, thereby charging your cc linked to your account, would there be a third party fee from apple?
Click to expand...

30%
Click to expand...

If they try for 30%, or anything higher then normal CC fees no retailer is going to touch this. Credit card fees already eat up a large part of profit.
 
I should have guessed that the big Apple using NFC to do would turn out to be nothing. The fAndroids now have bragging rights since the Nexus S has an NFC chip. :rolleyes: Having the chip is one thing, getting good use out of it is another. I've learned to take Apple rumors with a grain of salt, so it's no big letdown when Apple is doing well in so many other things. If there's not much of an NFC infrastructure in the U.S. it won't do much good to have some unusable feature. :(
 
jarofclay73 said:
However, if that is the case it is not compelling for iPhone 4 users to upgrade.
Click to expand...

It may not be compelling, but I bet 50% of iPhone 4 users upgrade for the fun of it. They'll pass their 4s onto kids, grandparents, friends, whatever....
 
Apple Bank

Give Apple another year and they'll have the trust of 300mm credit card holders. Then they buy a bank and become Apple Credit Inc!

And I bet they treat customers a lot better than the current trio - AmEx, Visa, MCard... Can a bank make $$$ w/o resorting to exorbitant loans fees and penalties? - That's the question.

How much can Apple reduce costs by limiting itself to credit processing only?
 
jav6454 said:
Oh look, it's Full of ... Fail?. Let me put you on the ignore list for making such ridiculous and backwards comment.
Click to expand...

Wow....is there a way to "ignore" posters?
Tell me how. That is a feature I would use a lot.

The are many trolls and others who never add anything constructive whos comments I would never miss.
Could easily cut out half the posts.
 
FrankieTDouglas said:
Is Apple planning on taking a 30% cut of any transactions when a person decides to wave their iPhone rather than debit card?
Click to expand...
And you can expect the carriers will want a piece of every transaction you make with your phone, along with your bank. You'll be in $5. deep before you've even made the transaction!
 
skellener said:
And you can expect the carriers will want a piece of every transaction you make with your phone, along with your bank. You'll be in $5. deep before you've even made the transaction!
Click to expand...

But that's one of the advantages of NFC - the phone carriers don't have to have anything to do with it. You authenticate on your phone, which signals the terminal that you are who you say you are. The terminal then connects with a back end to do whatever needs to be done (billing, identification, whatever).
 
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Geez Apple is going to have to do something pretty mundane to make me buy the iPhone 5 now then.
 
As a US consumer who realizes how widespread this technology is in other markets...

I really hope Apple does implement it in the iPhone 5, as maybe it'll be enough to pull the US out of the dark ages w.r.t. such tech.
 
I m bored,NFC not coming in iphone 5 ?this is the minimum requirement that i want to buy the iphone 5 . Shame on you apple,let me tell you something apple,iphone 5 is **** ! Then I will rather switch from 3Gs to Galaxy s II instead of iphone 5 !
 
Some of the pre-release rumors for any Apple product are funny. Some of them are predictably going to be true, other not so much. That's the same for iMac, MacBook, iPad, iPhone. It is like the rumor a few days ago of iPhone 5 looking like a miniature iPad with aluminum back. This flies against any wisdom. Apple usually exploits any "revolutionary" design for three to four years. In between there are only minor cosmetic or evolutionary improvements. I don't think the iPhone 5 is going to be very different in physical appearance to iPhone 4. Functionality wise it is difficult to figure out all improvements, but some are obvious, better processor, more and/or faster memory, bigger capacities for same price. Perhaps better camera, etc. Of the less predictable ones, better video output. NFC doesn't rank high on anybody's list. Last time I checked not too many businesses have RFID equipped credit card terminals (Petco, Wholefoods and a few others). And it is as difficult to pull out my phone to wave it on the terminal as it is to pull out my wallet and do the same. For iPhone 5 I wouldn't expect anything spectacular, mostly performance improvements.

My 2 cents.
 
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