The new iPhone will make mobile payment easier by including a near-field communication chip for the first time, the person said. That advancement along with Touch ID, a fingerprint recognition reader that debuted on the most recent iPhone, will allow consumers to securely pay for items in a store with the touch of a finger….
“Love it or hate, Apple drives a lot of standards in the industry,” Bajarin said in an interview. “They are the mover in these markets. When they do something, the industry seems to follow.”
SOURCE: Apple Said to Team With Visa, MasterCard on IPhone Wallet – Yahoo Finance.
Today being the day for the “big” announcements from Apple almost necessitates that it also be the subject of this post.
A couple of years ago I downsized the wallet I used to have from a one inch behemoth that bulged from my back pocket to something less than a half-inch and the size of half a dollar bill and I found out I don’t miss all that other stuff I used to needlessly haul around. I have been waiting to move to the next stage and that is to chuck the whole wallet. It looks like with the latest Apple innovation I might be able to do that sooner rather than later. Of course soon is a relative term when it comes to our electronic gadgets.
Over the years I have seen quite a bit of miniaturization in the world around me. The doctor’s office, of which I seem to spend more and more time lately, has finally gone totally digital. The dozen or so ten foot high by twenty-foot wide racks of patient records now reside on laptops carried around by the nurses. The doctors for the most part still stubbornly resist having to use “those things” so they relegate that responsibility to them.
I used to get about ten different paper magazines a month in order to keep up on what is happening in the world and to follow the hobbies that interested me. I am now down to one weekly magazine. Everything else is on-line. Let’s face it the digital world saves trees and since trees give us our oxygen that is a good thing. 🙂
Our world is becoming smaller each year and it is about time to chuck the old wallet of the 19th and 20th century for a digital one. I am still using a three-year old iPhone but will upgrade to the iPhone 6 after the hoopla dies down. When that happens I will move as much as possible to digital transactions. Thanks Apple for giving us 21st century solutions to our daily challenges. I certainly look forward to your announcements this afternoon.