In May of 2010 we were surprised to see Apple's first iWallet patent officially surface. In that year we witnessed a steady stream of Near Field Communication based patents that kick started the iWallet trend. Ever since that time we've archived these patents under the category of "iWallet-NFC Related." Today, Apple has been granted a major iWallet patent and it's one that has never been reported on before. Apple's patent reviews credit card transaction rules and shows us that the credit card companies will be sending statements directly to your iTunes account. The iWallet project just became a little more real today, and for many, it can't come soon enough. Who knows, perhaps one day Apple's iWallet will rule the world: the financial world that is.
via: Patently Apple | Read more:
