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

Vivo Last of Major Chinese Smartphone Makers to Officially Launch NFC Pays Wallet

NFC TIMES Exclusive Insight – Vivo, China’s second largest smartphone maker, made it official this week, launching its NFC-enabled “vivo Pay” wallet, the last of the major Chinese phone OEMs to roll out NFC payments–though their use has been disappointing, at least for payments in stores.

In-Depth: Fit Pay’s Troubles Indicate Difficult Business Case for Provisioning to Wearables

Sep 19 2019

NFC TIMES Exclusive Insight –  Given the poor financial results of U.S.-based Fit Pay, it’s becoming clear that the business case for provisioning of payment cards to wearable devices remains difficult.

Analysis: Chase Pay Latest Bank Wallet to Shut Down; Why Did They Fail?

NFC TIMES Exclusive Insight – Plans disclosed this week by JPMorgan Chase to shut down its Chase Pay app for in-store purchases is yet another nail in the coffin–perhaps the final one–for bank wallets in the U.S. And the situation does not look much brighter for bank-issued wallets abroad.

Miami Latest U.S. City to Introduce Open-Loop Transit Payments

NFC TIMES Exclusive Insight Transit officials in Miami-Dade County, Fla. are the latest in the U.S. to introduce open-loop payments of fares with contactless credit and debit cards and bank card credentials on NFC wallets, launching the service yesterday on the city's relatively small metro network, with plans to expand to buses later.

UK Tram Riders Take to Tapping with NFC phones to Pay for Fares, According to Early Results

NFC TIMES Exclusive – Transport for Greater Manchester, which last month launched open-loop payments on its large Metrolink tram network, said Thursday that contactless credit and debit cards and NFC wallets accounted for a combined 170,000 rides during the first four weeks of the service.

In-Depth: NFC Wallet Use for Open-Loop Transit Grows but Still Makes Up Relatively Small Share of Contactless Payments

NFC TIMES Exclusive – When New York City transit officials announced Tuesday that the 1 millionth ride paid for through their new OMNY open-loop payments service had arrived ahead of schedule, they also proudly noted that 80% of the contactless payments had come from NFC wallets, not physical bank cards. 

PayPay Gets Off to Quick Start as One of Many Digital Payments Services in Cash-Loving Japan

NFC TIMES Exclusive Insight – As Japan continues to fight what to date has been a losing battle against cash, an announcement by the joint venture behind QR code-based payments service PayPay offers a little bit of encouragement. 

Research Firm Projects Use of NFC Mobile Wallets in U.S. to Remain Disappointing This Year

NFC TIMES Exclusive Insight – As Apple Pay approaches the fifth anniversary of its launch in the U.S., there is more research showing that most American consumers simply don’t see the value of tapping to pay with NFC-based payments services. 

In-Depth: Five Years After Transport for London Launched Contactless Across Its Transit Network, UK Open-Loop Rollout Remains Uneven

Aug 15 2019

NFC TIMES Exclusive Insight – Five years ago next month, Transport for London introduced open-loop contactless payments across its transit network, including metro, trams and commuter rail, following an earlier launch on buses. The service now accounts for more than half of all pay-as-you-go journeys and has become a global showcase for the technology.

Apple Again Promises to Push Transit Ticketing as It Seeks Broader Adoption of Apple Pay

NFC TIMES Exclusive Insight – While noting to financial analysts late Tuesday that Apple Pay is now approaching 1 billion transactions per month globally and is in 47 markets, perhaps Apple CEO Tim Cook’s most significant comments about Apple Pay this week was to again emphasize that Apple wants to enable users to routinely tap to pay for bus, subway and other transit rides with their iPhones and Apple Watches. 

Chinese Mega Wallets Continue to Expand QR Code-based Transit Ticketing, while Major Agencies in West Stay with NFC

NFC TIMES Exclusive Insight ­– China’s mega-mobile wallet providers have continued their rollouts of transit payments in China, with Tencent Holdings announcing Tuesday that two years after launching its first QR-code-based WeChat “Ride Code” service in Guangzhou, total users for its transit payments services has reached 100 million.

Sydney Transit Authority Gives Users of Contactless Bank Cards Nearly All Discounts They Get with Closed-Loop Opal Cards

Jul 29 2019

NFC TIMES Exclusive Insight – Transport for New South Wales, Australia, the authority that oversees transit in and around Sydney, has taken a step toward phasing out its closed-loop contactless Opal fare card, today extending nearly all of the discounts it offers on Opal to users of open-loop Visa- Mastercard- and American Express-branded contactless cards.