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Posted at 10:52 AM ET, 01/25/2011

More Apple chatter: Will consumers be able to pay by iPhone and iPad?

By Hayley Tsukayama

On Monday, we reported the rumor that the iPhone will have a near-field communication (NFC) chip to let you pay for things with your phone.

Now there are reports that the same capability will be coming to the iPad 2. Bloomberg reported Tuesday morning that the iPad 2 and iPhone 5 will both have the payment capability. The move could save Apple a lot of money and may allow the company to avoid paying credit card fees and to tap directly into consumer bank accounts and credit cards.

Proponents of NFC technology told Bloomberg that if Apple does use the technology it could be a game-changer.

It seems using an iPad at the register would be inconvenient -- but, then again, so are checks.

As a bonus rumor, the blog Apple Insider reported that an article in China's Commercial Times says that iPad 2 production will start in February, putting it on track for an April launch.

The same article said production on the iPhone 5 will start in May.

By Hayley Tsukayama  | January 25, 2011; 10:52 AM ET
Categories:  Apple, Gadgets, Mobile, Tablets  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Report: Verizon to offer unlimited data plan for $30
Next: Google Voice wireless-number porting now (really) available

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