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New iPhone may not have NFC chip used by "mobile wallets"

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AnandTech has posted today that it doesn't appear that the new iPhone expected next month will have an NFC chip. As you likely know, NFC stands for near field communication, and it's a technology for transmitting purchase information wirelessly. Some mobile phones have these chips, which let users touch a mobile-payment terminal with their phone as they leave a store to make payment. This is more common in other countries, but in the U.S. adoption has been slowed by the many competing systems.

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