Apple's NFC plans go way beyond payments, analysts say
Apple's plans for mobile payments may signal ambitions that go well beyond merely having your phone replace your wallet, analysts say.
But the technology could also play a role in authenticating your identification, especially if Apple includes it in its rumored smartwatch.
"There is a lot of potential here. It's not just them building a gadget, but building an ecosystem of value. You could make payments, check in for your doctor's appointment and possibly even use it in an airport to verify your identity with TSA," Gowden said.
"I think there's a high probability that they are going to launch the iWatch and I think that watch will be part of Apple's payment solution," Haro said."Think about it, if your smartwatch and smartphone are tethered together, you may just be tapping your wrist or swiping your wrist over a payment terminal."
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