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MacVoices #22038: MacVoices Live! - Who Will or Won't Use NFC Payments on the iPhone and Why? (3)

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The iPhone Can Be Used as a Contactless Credit Card Reader

The iphone will be able to be used as a contactless credit card reader. Apple can't get a cut of this, cause no no ventor would do that. This is going to be for the really small vendors that are adhock and don't want to buy a cash register.

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