Apple awarded major ?iWallet? patent for future NFC-enabled iPhone

Apple on Tuesday was granted a significant patent by the United States Trademark & Patent Office, Patently Apple reported. The technology, which is supported�by 23 Patent Claims, allows credit card companies to send statements directly to a user’s iTunes account for purchases made using an NFC-enabled iPhone. Account holders will also be able to allow a secondary account holder, such as a child, to make purchases on the same card while allowing the primary account holder to control spending and implement various limits. Even though NFC technology has been featured in a�number of Android devices, some believe that�the technology won’t go mainstream�in a number of markets until an�iPhone is equipped with a mobile payment solution. Read

Source: http://www.bgr.com/2012/03/06/apple-awarded-major-iwallet-patent-for-future-nfc-enabled-iphone/

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