Apple Takes Another Step Toward Mobile Payments
Submitted by Jon Reed on
It is, or at least should be, obvious that making purchases at retail stores with your mobile device, while bypassing store personnel altogether, is going to be the norm at some point in the future. When this will be is the mystery. The technology is already widely used in Japan, South Korea and many countries in Europe. In America however, no clear leader has emerged and things are moving at a much slower pace, but progressing nonetheless. Google has been experimenting with Google Wallet and NFC (near field communication) technology on its Android handsets for some time. Apple has also been gradually building the groundwork for its own mobile payment system and yesterday, according to the Wall Street Journal, there was another development in its endeavor.
On Friday, Apple CEO Tim Cook and Senior VP of Internet and Software Services, Eddie Cue, met with other technology industry executives to discuss their interest in making mobile payments for goods and services from mobile devices such as the iPhone and iPad. The WSJ also reported that Apple has charged executive Jennifer
