Apple working with NXP for pay-by-touch technology in new iPhone: FT

Aug 29 2014 4:49AM EST | Source: REUTERS Technology

(Reuters) - Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications (NFC) technology into the next iPhone, which would enable smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple's plans.