What if Apple became a bank?
RRW have been trading on a rumour that Apple’s new iPhone is going to have NFC functionality in the coming Spring. About bloody time if you ask me. NFC (Near-Field Communication) will technically allow you to use your phone as not only an Oyster card, a passport or a debit card but will also allow you to read RFID chips so you can see how much is on your Oyster card, check the microchip of a lost pet against the Pet ID database or even take payment from other people. There’s a wealth of possibilities. Nokia already has devices on the market with NFC built in but has never managed to make it appeal to the public.
