A new report claims that Apple's 5th generation iPhone will not include the RFID chip necessary for contactless payments. The news came in a note from Wall Street research firm Bernstein to investors.
Previous reports from other sources have claimed that the iPhone 5 will include NFC technology. Most notably, a report in the New York Times earlier this year claimed that an upcoming iPhone would include the technology although it did not specify that it would be the iPhone 5.
It is certain that Apple are interested in RFID, having filed numerous patents in the field, but this report suggest that users will have to wait until the 6th generation iPhone before they have e-wallet capability.
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