Apple Inc is working with Dutch chipmaker NXP Semiconductors NV to add secure near-field communications (NFC) technology into the next iPhone, which would enable the smartphone users to pay by touch, the Financial Times reported, citing people familiar with Apple`s plans.
NXP will provide the secure near-field communications chips that will allow an iPhone to connect with payment terminals or ticketing systems, the daily reported.
NFC technology allows a smartphone to communicate wirelessly with other devices by tapping them together.
Apple has invited media to a "special event" in its hometown of Cupertino, California, on Sept. 9, when the iPhone maker is expected to unveil the latest versions of its best-selling smartphones.
Both Apple and NXP were not immediately available for comment outside regular business hours.