iPhone Substitute Wallet

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Smartphones are getting smarter, not to mention the iPhone. Apple gadget is going to be a replacement wallet so you can make payments simply by waving the handset in front of a sensor device.

iPhone is not the first to introduce this technology, previously there have been several payment models that use similar systems, but still limited to a particular product.

iPhone or the latest rumored iPad will be equipped with a chip called Near Field Communication (NFC).

NFC technology is what allows the iPhone can be used as a means of payment. In developed countries, the concept seems to have been quite familiar in the ears of the public. For example, moving a card in front of the sensor will make payments as motor vehicle fuel.

NEC similar technology is already been used in other devices. But if Apple had adopted him into the devices are, analysts predict this will make a significant change given the smartphone as popular as the iPhone is likely to create new trends.

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