It has also been rumored that the curved displays to be used by Apple will be provided by Samsung.
New Yorkers may still have to wait a bit longer to pay for their subway rides with their smartphones, but it looks like iPhone owners in Japan may be enjoying this feature sooner rather than later.
Felica based mobile payment systems is widespread in Japan when compared to mobile payments with NFC integrated cards.
A SanDisk memory chip that reads 256GB is also featured among the photographs telling us that the iPhone 7 will ditch the entry-level 16GB storage variant and will run with 32GB, 128GB, and 256GB of storage options. In its place will be a Lightning port instead, and it pretty much alienates users who have invested in audio equipment with a 3.5 mm plug.
There were 1.3 million NFC terminals in the United States and 320,000 in the UK past year, according to research from Let's Talk Payments and the UK Cards Association. For comparison, there are 1.3 million NFC terminals in the United States. So obviously, rather just target a smaller market, it makes sense for Apple to jump on the bigger bandwagon.
Apple is also preparing for a mass-transit navigation support in Japan through the use of iPhone Maps by the end of the year. In 2015, FeliCa cards process 4.6 trillion yen ($46 billion) worth of transactions. Last year, there were 1.3 million NFC terminals in the USA and 320,000 in the U.K., according to research from Let's Talk Payments and the U.K. Cards Association.
"Apple's panel orders for new iPhones are dropping around 20% year-over-year, and that leaves major suppliers such as Japan Display hungry for more orders", said Ellike Chen, an analyst at Chinese research company Sigmaintell. If sources are to be believed then the virtual representation of the transit cards will be stored in the users wallet application. Because transit cards need to work nearly instantaneously, the transaction speed is of key importance.
The tech titan is working on a new iPhone for Japan that will include a feature that allows consumers to use their handsets to pay for journeys on mass transit, Bloomberg reports.
According to Gamenguide, there are many rumors on the new upcoming Apple's iPhone 7. The home button is likely going to be touch sensitive. Ideally, the company would have to make some type of external navigation method so users can navigate back to their home screens easier.
Removing the home button would be a crucial move for Apple, considering it has functioned as the portal to technologies like TouchID, Apple Pay, and Siri. There is still some debate over precisely which smartphone versions will feature this revolutionary technology, but it is nearly certain to make its debut this year. Another alleged part of the new design is a glass chassis that sources claim Foxconn has already been developing and experimenting with for over a year.