iPhone 5…a replacement for your wallet!
What do you feel about not having the need to carry your wallet whenever you walk out of home? All you need is just your iPhone 5. Here’s why: The iPhone 5 is all set to conquer the smartphone market with its amazing features that include a built-in chip which enables debit and credit payments, which means you can forget about that heavy leather-pouch in your pockets.
Leaked images of iPhone 5 show that the internal device is a NFC chip. The NFC chip is the next update for the chip-and-pin, serving as a small contactless card that can be waved against scanners at tills to automate a payment. Some debit cards already have this feature installed, and certain retailers such as Pret a Manger already use this technology.
According to 9to5 Mac, Apple might collaborate with payment processor such as Citibank’s PayPass system for credit card transactions, or could by itself become a payment processor of sorts as millions of credit cards are already on file at iTunes.
The iPhone 5 is also expected to feature five rows of apps instead of the four in the current iPhone devices in the market. In the existing iOS, when the screen resolution is adjusted, it leads to extra gaps between apps, but in the new iOS – the iOS 6, the adjustment of the screen resolution results in an additional row.
The leaked pictures of the device also indicate that the iPhone 5 is expected to have a 4-inch touchscreen with 640×1136 pixel resolution. A 16:9 aspect ratio indicating a larger display, meaning that black bars which used to appear when a video is being played in the previous versions, will now be eliminated.
A smaller dock connector, thinner screen, repositioned headphone jack and FaceTime camera are other features that have been rumoured to lad the most anticipated device of the year.
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I have to admit I sounds great, easy and quick. But the security problem stays. What if you loose your bag, or in this case only your phone? All your money is in somebody’s hands? I still don’t feel secure using credit cards. If you can use a debit card that easy anywhere, anytime there is a big risk to spent much more money than you can actually afford. That’s the reason I prefer prepaid cards like paysafecard or cash. In order to have an overview on my savings.