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Apple chip decision a let-down

TMCNet:  Apple chip decision a let-down

[December 10, 2012]

Apple chip decision a let-down

Dec 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- Westpac Banking is conducting a trial of smartphones in electronic transactions. Trial participants use Samsung SIII handsets equipped with a subscriber identification module card provided by Singtel Optus and programmed with Mastercard details. Axel Boye-Moller, the head of mortgages, cards and merchants at Westpac, said at an FST Media payments conference it was disappointing that Apple's latest iPhone model did not have a near field communication chip, which would enable payments.

Publication Date: 11 December 2012 WESTPAC BANKING CORPORATION - ASX WBC SAMSUNG CORPORATION APPLE INCORPORATED MASTERCARD AUSTRALIA LIMITED SINGTEL OPTUS PTY LTD SINGAPORE TELECOMMUNICATIONS LIMITED - ASX SGT FST MEDIA PTY LTD

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