Apple's iWatch- Expect in Two Sizes and can be use to make payment wirelessly

According to the Wall Street journal, Apple in their upcoming smart watch is working on incorporate NFC (near-field communication) technology. This technology can be used to make payments at different locations wirelessly. This information was directed towards the people who are aware of this issue.

Wall Street journal also added that Apple is also working on adding the NFC technology to their upcoming newer versions of iPhone. This can be used to transmit data over short distance and that too wirelessly.

The Apple smart watch expected to come in two sizes and will be having installed sensors to monitor and track the health of the user.

As reported by Apple reporter John Paczkowski in Re/Code blog, we might not able to see the smart watch being launched and on sale anytime this year.

As per another reliable source of Apple, Ming Chi Kuo, KGI Securities analyst, it was again reported that we can expect two types of iWatches and the sale of the smart watch is not expected till year 2015. However no official comments have been received from Apple.

The reports have indicated that NFC technology in iPhone 6 will enable the users to pay for services and goods with their credit cards, which are stored with Digital content store of Apple iTunes. This technology will also allow the users to pair their device with others as this facility is already available in android and windows phone.

According to some reports Apple has also got into a deal with credit card companies Mastercard, American express and Visa to facilitate transactions.

NFC

NFC basically is a medium for wireless communication which allows the users to exchange data between two devices. Flow of information is more convenient through NFC. NFC technology comes in three different forms including device-device, card emulation and tag reader and writer. Tag reading facility with enable the companies to put a tag on movies, which the user can scan through their smartphones and even iwatch the trailers. One will be able to tap their smartphones which are enabled with NFC on any coupon tag and avail special offers. NFC facility will allow users to connect their phones to their printers wirelessly. This facility with come as a boon for both NFC users and Bluetooth users as both the technologies are interoperable.

Cupertino, California, on 9th September, Apple has invited media for a special event in their hometown. Apple is expected to release their latest version of their smart phones during this event. These new version phones will be available for people from 19th of September.

One thing to remember is that you can use the NFC enabled services only in NFC enables stores. You will not be able to make payment through you phone in a store without NFC enabled.