According to a report from Bloomberg, Apple will be introducing an iPhone exclusive to the Japanese market which will come with a FeliCa chip allowing users to make contact less transit payments.Developed by Sony, FeliCa which is a tap to pay format is used by people in Japan to access the railway and bus system.
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Faster than Apple pay, Felica allows for payments to be made in mere seconds which makes it an ideal choice for the hustle bustle in the transit environment.Apple in collaboration with several other transit card providers hopes to come up with a virtual version of FeliCa transit cards which will be stored within the Wallet app in the iPhone and used instead of physical cards.
“The FeliCa chip will let customers in Japan store their public bus and train passes on their iPhones. Users would then be able to tap their phones against the entrance scanners instead of using physical cards.While the FeliCa chip is the standard technology underlying the service, there are several different providers of transit payment cards based on the type of transit and areas within Japan.”
This will be Apple’s entry into Japan’s mobile payment market. This feature could be introduced as soon as the coming moth with the launch of the iPhone 7 and 7 Plus. But if we heed Bloomberg’s warning then the feature could be delayed until next year depending on the outcome of Apple’s negotiations with the Japanese payment networks.