Apple Partners with VISA, MasterCard for iPhone 6 NFC Mobile Wallet: Bloomberg


Here we go again–Bloomberg is reporting this long weekend Apple has reportedly partnered with VISA and MasterCard for its upcoming iPhone 6 mobile wallet:

Apple Inc. plans to turn its next iPhone into a mobile wallet through a partnership with major payment networks, banks and retailers, according a person familiar with the situation.

The agreement includes Visa Inc., MasterCard Inc. and American Express Co. and will be unveiled on Sept. 9 along with the next iPhone, said the person who asked not to be identified because the talks are private.

Sources say the mobile wallet will integrate NFC along with possible Touch ID to implement the solution securely.

Earlier today, Re/code reported Apple had partnered with American Express for its mobile payments solution, to be announced at its September 9 media event. Leading up to this event, expect more details to ‘leak’. The partnership with three of the world’s largest credit card processors is exactly what Apple needs to revolutionize the mobile payments industry.

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