Apple’s iPhone 5 to Include ‘Wave and Pay’ Technology
January 26, 2011 at 10:38 AM EST
Apple (AAPL) is expected to install “wave and pay” technology for the next version of its iPhone, boosting mobile commerce and potentially giving the company a big piece of the multibillion-dollar transaction industry. The iPhone 5, due out this year, is likely to incorporate technology called Near-Field Communication, which incorporates financial account information and ties that [...]