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A Fast Company interview with a MasterCard executive seems to indicate that Apple is speaking to various companies, including MasterCard, about its long rumored NFC based iPhone.
The executive didn't confirm anything outright when asked about NFC and Apple, citing confidentiality agreements:
"I don't know of a handset manufacturer that isn't in process of making sure their stuff is PayPass [MasterCard's wireless payment solution] ready."
So that would include Apple then?