Also, developers will have the option to easily sell their apps through the store using a convenient and secure payment system.

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For instance, he says one TAM expander would be integrating near-field communications technology and fingerprint authorization to make the phone a secure payment system.

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The Bank of China Group, which already has a secure online payment system for Visa cards, is developing another system for BOC's Great Wall card, as well as Visa and Mastercard.

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The next day, they met for smoothies in Palo Alto and came up with the idea that became PayPal: a system of electronic payment designed to make e-commerce easy, consistent, and secure.

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