There’s little doubt now that Apple will support NFC and mobile payments in its next iPhone. The remaining question is, exactly how it will do so.

Of course, we won’t know for sure how Apple plans to jump into physical-world payments until it unveils the new iPhone on Sept. 9, and Apple might not reveal many of the details then. 

But some sources have sketched out for NFC Times what they believe the implementation will probably look like. 

It’s a fairly sure bet that Apple will not be adopting a conventional approach to implementing NFC payments, even if it does use an embedded secure element. 

But unlike much of the speculation in this and previous years, Apple will not avoid working with banks. 

Overall, Apple’s bold move into in-store mobile payments will be part of its drive to place the iPhone even more at the center of its customers’ lives, with more interconnectivity in the store, at home and elsewhere.  

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Among Topics Covered:

Likely architecture for Apple’s planned implementation of NFC mobile payments Deals with payment networks and banks Proxy cards and preloaded applets Avoiding the trusted service manager Use of the embedded chip Why Apple is not expected to launch with HCE Open-access model for embedded chips in non-iPhone devices IPhone as connectivity hub

Among companies and organizations mentioned:

Apple
Visa
MasterCard Worldwide
American Express
China UnionPay
Bank of America  
NXP Semiconductors
Google
PayPal

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