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Apple Gives NFC Chip Technology Prized Seal of Approval

Apple Inc's  long-awaited launch of tap-to-pay technology in its new iPhones and smartwatch may be the seal of approval that near-field communication technology needs to become as commonplace as wifi, Bluetooth and GPS. Called NFC, the technology lets smartphones communicate wirelessly with other devices such as point-of-sale terminals by holding them together. While proponents have argued for years that it is ideal for secure payment systems that could eventually replace credit...

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