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Apple iPhone 6 mobile payments service to offer customer reward scheme?

Apple iPhone 6 mobile payments service to offer customer reward scheme?

Apple may use its launch event later today to detail a new rewards system as part of its new mobile payments app, it has emerged.

The application, believed to form part of a revamped Passbook, is said to utilise the iPhone 6’s rumoured NFC chip.

Word of Apple's plans for a user-reward scheme comes from website Bank Innovation, which claims sources inside Apple disclosed details of a deal with hotel group InterContinental, as well as other unnamed partners.

Apple is said to be hiring a specific exec to look after the programme. The idea would be to give customers who use the payment system money off or gifts. Think of it like air miles or credit card rewards.

iphone 5 nfc chip

NFC is believed to be finally coming to the iPhone after years of rumours.

Mastercard, Visa and American Express are said to have been signed up by Cupertino, with the aim of making Apple’s payment system more ubiquitous than Google Wallet.

The iPhone 6 is due to launch today at 6pm in California.

Source:

Bank Innovation

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