iWallet is the name given by American analysts to a possible system that would allow iDevice owners to make mobile payments using only their iDevices. iPhone 6 would follow to be the terminal in which iWallet will arrive, Apple Lossless Audio CODEC (ALAC), going to use either NFC, or other technology to allow users to make such payments. In the middle are the over 500 million iTunes accounts that have a credit card attached, Apple having 4 times more users than PayPal, so its service would directly enter the top of the largest of its kind.
The acquisition of the AuthenTec company is of course a new confirmation of the fact that Apple is interested in improving the security of iDevices and offering a possibility to make mobile payments. The implementation of a fingerprint reader and an application that allows the identification of users based on a fingerprint would provide Apple with one of the most advanced mobile payment systems available in mobile terminals, but for now no one knows for sure when exactly it would arrive software on the market.
Even so, iWallet would be in the process of development within Apple and sooner or later we would have it available.
