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iPhone 5 Won't Have NFC After All

The iPhone 5/NFC rumors have been doing the rounds for a while, however, it would appear fans hoping to get some Near Field Communication action with the new iPhone will be sorely disappointed come June. The Independent cites sources at several of the UK’s largest mobile operators in reporting that the new iPhone will not be sporting the technology after all.

"The new iPhone will not have NFC, Apple told the operators it was concerned by the lack of a clear standard across the industry," one source is quoted as saying.

The news should come as no surprise. The iPad 2 was also rumored to have integrated NFC support but, as we now know, does not. Still, despite this little set-back, Apple isn’t giving up on mobile payments utilizing NFC technology. According to the Independent, the company is said to be working on its own own NFC proposition, which would link payments through iTunes, and it plans to introduce the technology in a 2012 handset.

Back in January, Bloomberg cited an analyst who believed Apple might choose to tap into information it already has on file from customers using iTunes and there was talk of a loyalty system that would allow customers to earn points and rewards for payments made with their phones.