Apple patent teases new friend payment ideaJuly 4, 2015 - 17:02 AMT PanARMENIAN.Net - A new Apple patent has emerged, describing a system that could change the way you pay friends and family, Digital Spy reports. The patent suggests that iPhone and Apple Watch users may one day be able to transfer money to each other via their devices when nearby. The person-to-person system would work by simply selecting the amount you want to send on your device, selecting the card to pay from in the Wallet app, and sending an encrypted "packet". To bolster security, Apple suggests that biometric authentication or a passcode would be implemented. From there, the bank or card provider of the person being paid would add the funds to their account, followed by a notification to say everything has gone through. It's likely that the tech would work using Bluetooth or NFC - although the system is just a patent at the moment, so it may never surface at all. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. |