Apple passes on NFC in iPhone 5, report suggests

According to information garnered by UK paper The Independent, Apple will not include Near Field Communications (NFC) technology in its next generation iPhone. Citing sources at “several of the largest mobile operators in the UK,” the paper states that Apple informed mobile carriers of its decision to forgo NFC over several meetings. Analysts suspect that Apple may be working on its own NFC-like payment system — one that routes payment through the company’s iTunes Store — as it has been discouraged by the “lack of a clear industry standard.” NFC is expected to handle over $150 billion by the year 2015, making it a trend that no mobile carrier or manufacturer wants to be left out on. 

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