What's New in Payments

Apple iWatch to support NFC payments?

Apple plans to include NFC in a new smartwatch that will be unveiled on 9 September, as well as in the next iPhone, the Wall Street Journal reports, “signaling that it sees a role for the device in digital payments.” NFC “is central to Apple’s plans to offer so-called tap-to-pay into its mobile devices, allowing users to pay for goods and services using credit cards stored with iTunes,” the report adds... More


USI to supply iWatch chips?

“USI is the sole SiP [system in package] supplier for iWatch devices, which are expected to come in three versions: one style for men, one for women, and another low-cost version due for release in 2015”, sources have told Taiwan’s DigiTimes... More


Apple and Swatch team on iWatch?

Apple is working with a number of partners, including Swatch, to release a line of smartwatches in a variety of branded styles and price points, VentureBeat reports... More



iWatch to sell at US$300?

Apple will sell 21million units of its much anticipated iWatch in fiscal year 2015, at a cost of US$300 per unit, according to a research note by UBS analyst Steven Milunovich, AppleInsider reports... More


NFC World

Apple iWatch to ship with NFC this year?

Apple

Apple will enter the wearable devices market “this fall” with an iWatch that includes a secure element, NFC communications capabilities and support for biometrics, according to a new research note by Taiwan-based KGI Securities analyst Ming-Chi Kuo... More