Apple plans to introduce contactless payment acceptance from bank cards into the iPhone, Bloomberg news agency writes.

According to the agency, the innovation will be officially presented in a few months along with an update to the iOS operating system.

The feature has been under development since 2020 and will use an NFC chip, which is used for contactless payment for purchases using a smartphone.

According to Bloomberg, the feature will allow entrepreneurs to use the iPhone as a payment terminal, giving them the opportunity to save money. Whether the feature will be available to all users of smartphones from Apple is still unknown.