iPhone 5 Won’t Support Contactless Payments
This makes sense. I saw this article from Penny Crosman at Banktech.com this morning.
Apple has a way of doing things their own way and I think in this case they are going to attempt to push the old infrastructure aside, in the same way they dictated their own terms with the initial launch of the iPhone.
Why should Apple give the carriers or the credit card companies the opportunity to profit from this space when Apple has over 200 million registered Apple ID (iTunes) accounts? These are accounts tied to credit cards with one-click purchase.
