Mobile Payments: Apple’s Next “Killer App”?

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With Android hardware and software getting more and more competitive, all eyes are on Apple to see what the company can come up with in order to tilt the balance of fate a little more in its own direction. Now some analysts are talking about the possibility of a new digital wallet system being iOS 7’s “killer app,” expanding on what Passbook currently offers and including support for mobile payments.

We’ve heard rumors about NFC and the iPhone before, yet Apple has seemed steadfastly resistant to the technology. That makes a degree of sense, as Apple may not want to introduce a new feature that’s only supported by new hardware. While there’s a chance NFC may find its way onto new devices, one theory has it that any mobile payment system would support communication via alternate channels, maybe with some combination of cameras and 2D barcodes, like already used for Passbook store cards.

Frankly, we’re not sure that even an Apple mobile payment system that supported older hardware would be the huge feature these rumors are making it out to be. After all, Google Wallet’s neat and all, but it’s hardly a feature that’s driving phone sales. Ultimately, something as simple as mobile payments may just be too pedestrian to be a headlining feature of Apple’s next big OS update.

Source: CNET

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About The Author
Stephen Schenck
Stephen has been writing about electronics since 2008, which only serves to frustrate him that he waited so long to combine his love of gadgets and his degree in writing. In his spare time, he collects console and arcade game hardware, is a motorcycle enthusiast, and enjoys trapping blue crabs. Stephen's first mobile device was a 624 MHz Dell Axim X30, which he's convinced is still a viable platform. Stephen longs for a market where phones are sold independently of service, and bandwidth is cheap and plentiful; he's not holding his breath. In the meantime, he devours smartphone news and tries to sort out the juicy bitsRead more about Stephen Schenck!