iPhone 6 To Be Released With Mobile Wallet Feature

Apple intends to make its upcoming iPhone a mobile wallet, which will allow users safely pay their bills in a store through mobile.

The company has signed a deal with a few popular credit card companies in order to fulfill this project. Rumors are that the company will declare its partnership with MaterCard Inc, Visa Inc and American Express Co in the upcoming event of 9th September.

The new iPhone 6 will make mobile payment much easier for people through a special communication chip. This communication chip will come with a fingerprint recognition reader, which will launch in the most recent iPhone. This Touch Id would be applied to confirm the identity of the person who is making the payment through the handset.

A person familiar with the situation stated Tim Cook was interested in this matter for a long time. Moreover, he informed that company is planning to make a limited version of the iPhone that carries an NFC communication chip.

The multinational corporation is hoping that this new device will bring forth a large revenue. It is predicted that Apple could produce a revenue of $300 in advertising on every mobile wallet account it opens.

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Deborah Campbell

Deborah Campbell grew up on a steady diet of fantasy stories, 19th century poetry and Greek mythology. It’s no wonder she turned into such a hopeless romantic. She has always had a knack for writing, but she has yet to publish any best-seller yet. At the beginning of 2013 she decided to try something a little different: she started working for a web design firm, as a creative artist. That’s where she discovered her second calling. Although seemingly opposite, fantasy and technology are Deborah’s two main passions. She is now part of the argyllfreepress.com team, for which she creates detailed tutorials & reviews for some of the world’s most exciting gadgets. She also tries to squeeze a verse or two in her reviews from time to time.