Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.<\/p>\n
The agreement includes participation by Visa Inc., MasterCard Inc and American Express Co and will be announced Sept. 9 along with unveiling of the next iPhone, according to the source, who Bloomberg said asked not to be identified because the talks are private.<\/p>\n
The new iPhone will simplify mobile payment by including a special communication chip, along with a fingerprint recognition reader that debuted on the most recent iPhone, the source said.<\/p>\n
Officials could not immediately be reached at Apple, Visa, Mastercard and American Express.<\/p>\n
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