Should this particular deal be hammered out with credit card company Visa, it does look as if it has the potential to change the way that consumers make purchases – especially when one should never discount the number of people who look set to pick up an iPhone 6 the moment it is announced. In a nutshell, a direct partnership with Visa (or any other similar company for that matter) would play a large role in bypassing the payment processing chain, which would help both merchants and customers save money.
It remains to be seen whether this e-wallet system is going to be integrated with NFC technology, or will it liaise instead with Bluetooth and Wi-Fi connections. What do you think?