New Apple patent application for P2P mobile payment service

A new patent application from Apple reveals peer to peer financial transaction devices. The application entitled entitled “Peer to peer financial transaction devices and methods” describes an iPhone app/service that will allow iPhone owners to store all their credit card, bank/checking account and other info on the handset, and to make quick personal and business transactions with a few taps. NFC enabled mobile phone users can make a transaction with just a simply tap.

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