Tagged With nfc

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Bendigo and Adelaide Bank, Commonwealth Bank of Australia, National Australia Bank, and Westpac are attempting to gain permission from the Australian Competition and Consumer Commission (ACCC) to negotiate as a group for access to Apple Pay and the Near Field Communication (NFC) function on iPhones.

No, scratch that - they'd just be happy with the NFC, actually.

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Inside your smartphone, hidden underneath the sticky plastic wrapping of the battery, or glued to the removable rear cover, there's a secret, ominous-looking wireless chip. It's not controlled by the FBI or the government or the Illuminati, though, and it's not tracking every search you make online — it's just NFC.

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Apple Pay, and other mobile payment services like it, all share a similar vision of the future, one where people can leave their home with nothing but a smartphone and an ID, and still buy absolutely whatever they want. That dream is a little closer to reality now that USA Technologies brings NFC payments to some 200,000 vending machines, parking meters and laundry equipment, some of the last bastions of cash.

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For years, tech companies like Google and Softcard (formerly known as ISIS) begged with consumers to adopt its NFC-powered payment platform, and for the most part, their pleas went largely unheard. Now that Apple Pay has graced millions of iPhone 6 and iPhone 6 Plus users with NFC purchasing powers (across the US, at least), things are beginning to change. And really, everyone is a winner.