The handsets need to be equipped with chips that support the wireless communication technology Near Field Communication (NFC).

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But the company is working on technology such as near-field communication (NFC) technology and point of sale integration, which could make coupons completely digital and transferable from your phone to the cashier.

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To date, Apple has not announced its mobile payments strategy, although Apple and Microsoft agreed to embrace Near Field Communication (NFC) technology in 2012.

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In Europe I've seen countless mobile banking ideas over the last decade - from the soft drinks machine in Helsinki where you paid by SMS, to the phone which doubled as a travelcard for London's transport system, and innumerable schemes involving Near Field Communication (NFC) technology.

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The moves may help it tackle the challenge posed by the introduction of near field communication (NFC) payment technology to smartphones.

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The case is equipped with a payment technology called Near Field Communication (NFC), which allows customers to make safe and secure purchases with U.S. Bank Go Mobile at thousands of participating retailers that accept Visa payWave.

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Though both services concern cellphones and the wireless communications technology known as Near Field Communication (NFC), there are key differences.

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And sure, there are a few big retailers that have signed on for the NFC (near field communication) technology behind the Google Wallet service, like Foot Locker, Old Navy, CVS and RadioShack.

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Improvements in Near Field Communication (NFC) and multi-touch technologies will make mobile technology an integral part of our lives.

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