How Is Apples IOS 6 Passbook App Going to Change the Electronic Wallet World?

How Is Apples IOS 6 Passbook App Going to Change the Electronic Wallet World?

Apple has entered the smartphone wallet business with a fresh application in iOS 6 called Passbook; a prelude to what might soon become a fully-fledged electronic wallet. With the Apple brand behind it, it is expected that all aspects of mobile payments, ticketing, and discounts will alter forever. At the Worldwide Development Conference (WWDC), Apple announced it's very own mobile wallet application known as Passbook. Passbook is an iOS 6 app that will be fully integrated into the latest iPhone operating system. Expected to be released sometime in October it's most likely to launch along with the iPhone 5 release. Apple are enabling businesses to constitute, manage and distribute Apple-approved boarding passes, reward cards, gift cards, incentive cards, and more in a si ngle place. In a alike fashion to the iOS Books and Newsstand apps, Apple are providing a native platform that allows business owners to get their business and supply offerings in front of iPhone users.
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