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People who see Apple Pay as just another way to make payments in retail stores are missing the big picture. In addition to letting people pay for items with a wave of their iPhone 6 or Apple Watch, the near-field communications (NFC) chip in those devices has many more applications, Susquehanna Financial Group analyst Chris Caso said in a report Tuesday. Those apps include unlocking hotel room doors, checking out library books and riding transit systems, he said. “Those who have been following NFC technology for a while know that payments is only one application of this technology,” Caso said. “We think transit payments Scalper1 News
Scalper1 News