Apple will unveil not one, but two different iWatch sizes when it takes the stage at the Flint Center next week, and according to the Wall Street Journal, Apple’s wearable will make mobile payments as easy as a tap on the wrist.
The new device is unlikely to launch this year, but the report claims that along with tracking your health and fitness data, the iWatch will feature a battery efficient OLED display, and an NFC chip an secure enclave to store all your credit cards for mobile payments.
NFC wireless is central to Apple’s plans to incorporate so-called tap-to-pay into its mobile devices, allowing users to pay for goods and services using credit cards stored with iTunes, people close to Apple said.
The inclusion of NFC in the iPhone has been rumored for years, but it an unprecedented number of leaks support the rumors that this will be the year Apple finally embraces the technology, and it’s ready to go all-in by tossing it in the iWatch as well.
Apple is expected to unveil its new mobile payments system at the iPhone 6 event on September 9th. Previous reports have indicated Apple is also partnering with retailers like Nordstrom so iPhone and iWatch users can simply tap their device to authorize a payment.
NFC will also be used to simplify the process of pairing an iWatch to an iPhone. The tech will make its first appearance in the iPhone 6, which is expected to launch later this month with a larger display, A8 processor, improved camera, and all-new design.