No NFC Payment System in iPhone 5

The Independent has reported that Apple informed its European partners that the Near Field Communication (NFC) technology wouldn’t be used in the future iPhones and iPads to allow customers to use those devices to make purchases at retail stores.

The new iPhone will not have NFC, Apple told the operators it was concerned by the lack of a clear standard across the industry.

Although the fact that Apple isn’t going to implement NFC technology into iPhone 5 does not mean Apple isn’t working on their own NFC service for a 2012 launch.

Apple is understood to be working on its own NFC proposition, which would link payments through iTunes. It hopes to introduce the technology in a handset likely to be released next year.