Apple’s Future iPhone Transaction App

May 12, 2010 :: Posted by - SoSly :: Category - News

An Apple patent application details a system by which customers can use their iPhone as an electronic wallet and payment system.

According to Patently Apple,

Apple’s patent is directed to various techniques for conducting peer-to-peer financial exchanges using a handheld, portable electronic device – which for the sake of simplicity is represented throughout several transaction-based patents – as the iPhone.
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