Report: Nordstrom, Apple to collaborate on mobile payments

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Rumors of an Apple-Nordstrom partnership on mobile payments are surfacing just before the release of the iPhone 6, according to VentureBeat.

The original report of the deal appeared Wednesday on the blog Bank Innovation and references anonymous Nordstrom employees as saying the department store's recent mobile point-of-sale (POS) systems upgrade is to accommodate the coming iPhone 6, set to be released next week.

As FierceMobileIT reported Tuesday, several credit card firms--including American Express, MasterCard and Visa--have reportedly teamed up with Apple to "enable mobile payments on the iPhone 6, which will have a near-field communications chip".

VentureBeat has a source who says Apple will not deal directly with retailers, but instead leave the credit card companies with the responsibility of rounding up the merchants.

Gone would be the days of lugging around a wallet stuffed with plastic. If reports are true, simply holding out your iPhone will suffice as payment--at the approved stores, of course.

This isn't the first mobile POS effort put out by Nordstrom. In 2012, the company introduced mobile POS in its stores with the use of iPads, according to VentureBeat.

For more:
- see the blog post on Bank Innovation
- read the VentureBeat article

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