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It has been announced that Apple’s upcoming iPhone 6 might include a function that allows users to make mobile payments while they are out shopping.

The new smartphone is due to be launched on September 9, and it will utilize technology similar to that found in the UK’s public transport Oyster cards. This technology is called a near-field communication (NFC) chip. When this chip is integrated into bank cards, it allows people to make low-value payments without having to enter a card PIN number.

When used in conjunction with the iPhone’s fingerprint reader, iPhone 6 users will simply need to touch their phone to a linked payment terminal in the store they are shopping in. This new payment function is the result of a collaboration between Apple and credit card companies including MasterCard, American Express, and Visa.

The inclusion of the NFC chip in their smartphones will be new territory for Apple, but top-of-the-range Android-based smartphones by HTC, Samsung, and Sony already have the technology. Apple has held back from incorporating it into their devices until now because of security concerns. It is thought that with Apple adopting the NFC chip, stores around the globe will be encouraged to bring the contactless payment terminals into their outlets.

A Creative Strategies analyst, Ben Bajarin, said: “Love it or hate, Apple drives a lot of standards in the industry. They are the mover in these markets. When they do something, the industry seems to follow.”

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