IPhone NFC Buzz Grows Louder, Could be More than Speculation

There is no confirmation yet that Apple will adopt NFC for the forthcoming iPhone 6, but some sources have told NFC Times they believe there is substance to the rumors that Cupertino is finally ready to adopt the technology this year.

UPDATE: While the sources do not have direct knowledge that Apple is planning to introduce NFC on its next iPhone, they are generally plugged into the NFC ecosystem. Moreover, they have not been part of what has become an annual rite of groundless speculation in past years that Apple would embrace NFC. END UPDATE.

Unlike that past speculation–much of which dwelled on Apple’s purported designs on the payments industry with its hundreds of millions of iTunes accounts on file–the sources told NFC Times that if Apple adopts NFC in the iPhone 6 this year, it would take the conventional approach. That means it would support established payments brands, such as Visa, MasterCard and China UnionPay and probably include an embedded secure element and perhaps support NFC SIM cards with the controller.

UPDATE: It would likely use generic payment applets supporting the various payment scheme applications, such as Visa payWave, MasterCard PayPass and, in China, UnionPay's Quick Pass. It might be possible to have an applet supporting both payWave and PassPass. The generic applet or applets would reduce hassles provisioning the application and personalizing it, and reduce the required TSM services. Personalization might be done on the back-end, according to sources. Some believe Apple is also doing deals with banks directly. END UPDATE.

Still, while promising for backers of NFC, this remains within the realm of speculation. And the information is separate from an analyst report released yesterday by Morgan Stanley, which has garnered much attention the past 24 hours, predicting Apple would adopt NFC using an NFC controller from NXP Semiconductors and likely also an embedded secure element from NXP. 

Of course, even if the analysts have it right this year, their conclusions are not based on any new or revealing information. The Morgan Stanley report, though well-researched, offers no direct evidence of Apple's NFC intentions. If Apple does adopt NFC, however, NXP would be the obvious supplier.

Words: 

1,300 

Among Topics Covered:

  • Sources sound positive tones for NFC backers about possibility of an NFC-enabled iPhone 6
  • Waiting for confirmation of Apple’s embrace of NFC technology
  • Morgan Stanley Report: well-researched but no direct evidence of Apple’s NFC intentions
  • NFC-enabled iPhone–a likely bounty for NXP Semiconductors
  • China would be a key market for NFC-enabled iPhone 

Among companies and organizations mentioned:

Apple
NXP Semiconductors
China UnionPay
Morgan Stanley
Broadcom
Samsung Semiconductors
VeriFone

This is premium content from NFC Times.

Read Full Article 

© NFC Times and Forthwrite Media. NFC Times content is for individual use and cannot be copied or distributed without the express permission of the publisher.

HEADLINE NEWS

Lax Security Blamed for Hack of 7-Eleven’s Mobile Payments Service in Japan

NFC TIMES Exclusive Insight – Japan’s popular 7-Eleven convenience store chain reported Thursday a major hack of its QR code-based mobile-payments app, but the breach appears to be due to poorly designed security protections in the app. 

In-Depth: More Nordic Banks Support Payments on Passive Wearables with Provisioning after Sale

NFC TIMES Exclusive Insight – Two more large Nordic banks, Nordea and Swedbank, have launched contactless payments on analog watches, using technology from Swedish provisioning company Fidesmo that enables consumers to buy the watches and provision them with tokenized Mastercard-branded cards after the sale by tapping the watches on Android NFC phones.

Insight: Apple Pay’s Expansion to 13 New European Countries Won’t Add Much Transaction Volume but Follows Familiar Strategy

NFC TIMES Exclusive Insight – Apple’s expansion this week into 13 new European countries may not look so good on paper, but it follows a divide-and-conquer strategy that Apple has used effectively before.

Visa Deepens Push into Tokenization with Planned Acquisition of Rambus Payments and Ticketing Unit

NFC TIMES Exclusive Insight – Visa plans to buy the payments and ticketing unit of U.S.-based chip company Rambus for $75 million, as the payments network seeks to expand tokenization beyond Visa cards, including to bank accounts used for real-time payments, as well as to transactions processed by domestic networks.

With Contactless Payments Ready to Take Off in U.S., Payments Trade Group Concerned ‘Fragmented POS Experience’ Could Hinder Growth

NFC TIMES Exclusive Insight – While contactless payments in the U.S. is “expected to accelerate in the near future,” merchants and issuers must improve the “POS experience” for consumers, the U.S. Payments Forum, a payments industry trade group, said today.

Melbourne Transit Agency Touts Successful Launch of Closed-Loop Payments with Google Pay; Plans to Add Support with Apple Pay

Jun 17 2019

NFC TIMES Exclusive Insight – Following a successful launch of its closed-loop Mifare-based transit payments service, myki, with Google Pay, Melbourne, Australia, transit authority Public Transport Victoria has allocated AU$1 million to expand the service onto other smartphone platforms, including iOS and the iPhone, an agency spokeswoman confirmed to NFC Times.

Analysis: BBVA’s ‘Global Payment Platform' Unlikely to Make Much Impact

NFC TIMES Exclusive Insight – The recent announcement by large Spain-based banking group BBVA of plans to enable more banks across its footprint in Latin America to roll out the NFC-enabled BBVA Wallet as part of their banking apps could run into problems, given trends for low take-up of bank-issued NFC wallets. 

In North America, Many Cities Not Ready for Open-Loop Payments

May 31 2019

NFC TIMES Exclusive Insight – While open-loop transit payments services, such as one being launched this week by New York’s Metropolitan Transportation Authority, get most of the attention, most public transit agencies and operators do not plan to accept credit and debit cards directly for payment of fares anytime soon.

Visa and Chase Seize on Launch of New York City Transit Payments Service to Try to Build ‘Momentum’ for Contactless

NFC TIMES Exclusive Insight – Unlike in most developed countries in Europe and Asia, in the U.S., only a small percentage of the population regularly uses mass transit. But New York City is an exception, with more than 4 billion transit trips per year in the metropolitan area–seven times greater than in the next largest U.S. city in terms of transit use, Chicago.

As Their Resistance Crumbles, Australia’s Big Four Banks have Found that Opposing Apple Pay Too Costly, Despite Tech Giant’s Fees

NFC TIMES Exclusive Insight – Another one of Australia’s big four banks, National Australia Bank, has given in to pressure from customers and has agreed to support Apple Pay.

In-Depth: Ticketmaster Embraces Digital Ticketing to Cut Fraud and Improve Communication with Ticket Purchasers and Fans

NFC TIMES Exclusive Insight – U.S.-based sports and entertainment ticketing vendor Ticketmaster sees its new digital-ticketing technology–supporting bar codes and NFC–as a way to reduce fraud and stay in touch with both ticket purchasers and event attendees.

Japanese Payments Players Expand Support for QR Code-Based Payments

May 20 2019

NFC TIMES Exclusive Insight – Japan’s mobile payments market is expanding, but the talk is not about NFC payments services, such as Apple Pay, Google Pay or the pioneering FeliCa wallet services originally pushed by NTT DoCoMo and rail operator JR East.