“Apple has cautiously been dipping its toes into the mobile payments pool. But a freshly-published patent filing describes an entire backend system designed to secure electronic payments made through your phone. Published Thursday by the US Patent and Trademark Office, a patent dubbed ‘Method to send payment data through various air interfaces without compromising user data‘ envisions how electronic transactions would securely travel using your existing mobile phone’s technology.”
http://news.cnet.com/8301-13579_3-57617332-37/apple-patent-filing-reveals-digital-wallet-system/
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