Apple is partnering with Visa, MasterCard and American Express for the feature that is expected to be announced on September 9 along with the iPhone 6.
Apple plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.
The agreement includes participation by Visa, MasterCard and American Express and will be announced September 9 along with unveiling of the next iPhone, according to the source, who Bloomberg said asked not to be identified because the talks are private.
The new iPhone will simplify mobile payment by including a special communication chip, along with a fingerprint recognition reader that debuted on the most recent iPhone, the source said.
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