Created: 09/02/2014 8:53 AM WHEC.com
Apple lovers listen up -- a person familiar with information about the company's latest release tells Bloomberg.com that the newest iPhone can also be a mobile wallet.
Apple has reportedly teamed up with Visa, Master Card and American Express to make mobile payments easier by including a near-field communications chip. The new chip, plus the touch ID fingerprint recognition reader, will allow consumers to pay for items in a store with the touch of a finger.
The announcement about the new technology is expected next week, when apple debuts its latest iPhone.
Apple has not commented.