Apple Concerned About Mobile Payment Security
Google already offers Google Wallet payments via Android phones and Microsoft is set to launch its own digital-wallet service, but Apple isn't yet willing to enable credit card payments via the iPhone due to concerns about security.
Apple will launch Passbook alongside iOS 6 this autumn, as outlined in our 30 reasons you need iOS 6 feature, the system will provide an integrated iOS solution that holds all of you concert ticket purchases, boarding cards, and so on in one Apple app. These can then be accessed from the Home screen, or inside the app itself. What Passbook lacks is the option to link to credit or debit cards, so consumers can't use it to replace their wallets.
Reports claim that Apple does want to integrate payments, however, the company is holding back, waiting for other mobile manufacturers to test the water. According to a Wall Street Journal report, Apple's head of iPhone software Scott Forstall is interested in providing the technology for NFC (Near Field Communication) payments via the iPhone.
