Apple In Discussion With Nordstrom For Mobile Payments

mobile payment

Apple is working upon various solutions to launch its mobile payment service in a big way. Besides technological integrations like NFC and the latest rumours about its tie-ups with American Express, Master, Visa and PayPal, Apple is also in discussion with Nordstrom for being its mobile payment partner, reports Bank Innovation. There have been rumours in the past citing Apple’s talks with other big retail brands as well for widening its reach for Mobile Payments.

According to Bank Innovation, iPod touch-based mobile hardware has recently received an upgrade to support iPhone-based payments. The report says Nordstrom’s new POS terminals are similar to EasyPay units that are used at the Apple Store.

Nordstrom employees, who requested anonymity, said that the department store chain upgraded its mobile POS terminals “a few weeks ago” with hardware that allow it to work with the “most recent iPhones.” Our source said that the two companies had a “contract” and that the specifics of these contracts weren’t available to the public yet. We verified that these terminals are the same ones that the Apple Store is currently utilizing.

Nordstrom is a high-end brand store with a wide physical presence and if the deal works out it will give Apple’s Mobile Payment service a broad reach.

(Via AppleInsider)