iPhone 6 to Feature Mobile Payments

According to reports, Apple wants to incorporate mobile payments into the new phone.

There are reports saying that Apple wants to add a feature to the iPhone 6 that will allow users to make mobile payments.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    According to reports, Apple has been corresponding with candidates for the development of an iTunes system supporting mobile payment business.

    “You can tell by looking at the demographics of our customers, and the amount of commerce that goes through iOS devices versus the competition, that it’s a big opportunity on the platform a big opportunity on the platform,” Tim Cook explained during an earnings call.  “The mobile payments area in general is one we’ve been intrigued with.”

    Apple has not released any details about the new phone, but some believe that an announcement may be made around September.

     

    “What’s Hot” is aggregated content. PYMNTS.com claims no responsibility for the accuracy of the content published by the original source.