Apple’s imminent attack on mobile payments comes into focus

[Chris Smith]

A new Apple patent application reveals that the company is interested in secure wireless “iWallet” payments based on various wireless technologies including Bluetooth Low Energy (LE), Wi-Fi and near field communication (NFC), Patently Apple reports. While the iBeacon Bluetooth LE-based technology isn’t specifically mentioned, it makes sense to assume that the company would employ iBeacons for a wireless payment solution in stores including its own, in the event that the wireless payment methods described in this patent are actually used in the future. iBeacons have already been deployed in Apple retail stores, with the technology seeing popularity with other companies as well – Major League Baseball will use iBeacons in stadiums, while a recent scavenger hunt was organized at CES 2014 based on iBeacons.

Continue reading...

Via BRG - Boy Genius Report