View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Distribution
January 21, 2014updated 04 Apr 2017 4:09pm

Apple files patent application for new contactless payments technology

Apple has filed a patent application entitled "Method To Send Payment Data Through Various Air Interfaces Without Compromising User Data," for contactless POS terminals using more than one interface.

By Verdict Staff

Apple has filed a patent application entitled "Method To Send Payment Data Through Various Air Interfaces Without Compromising User Data," for contactless POS terminals using more than one interface.

The patent filing by Apple is in preparation of enabling mobile payments with its new device, the iPhone6.

The patent concerns a secure element (SE) located in a device such as a mobile phone to store cardholder data through proximity interfaces, such as near field communications (NFC) technology and Bluetooth or Wi-Fi to complete the processing of a transaction.

According to the Apple filing published by the US Patent & Trademark Office, "NFC can be used in electronic transactions, e.g. to securely send order and payment information for online purchases from a purchaser’s mobile device to a seller’s point of sale (POS) device.

"Increased mobility is provided to users of the portable device making purchases by establishing a second secure link that uses a different protocol, such as WIFI or Bluetooth, that has more desirable characteristics for maintaining the link over time than NFC."

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International