Near Field Communication, NFC in short, has been making waves all over the communication world with its constantly increasing utility. This has not gone unnoticed by Apple Inc. which is gearing up to incorporate this innovative technology in its iPhone 6, according to a report by BrightWire, which cites reliable sources, familiar with the matter. Apple is also reported to have struck a deal with China UnionPay to integrate the banking firm’s services into Passbook and in other compatible ventures. The source also adds that the agreement between the two companies includes working on another mobile payment system that could be used in Apple stores.

This decision of Apple to involve NFC in future products comes as a surprise to tech geeks as Apple’s head of marketing, Phil Schiller reportedly stated in 2012 that Near Field Communication was not the answer to solving any current technological problem. Another thing worth noting is that Ming-Chi Kuo; analyst with KGI Securities predicted in April 2012 that Apple would go ahead to integrate NFC chips along with a host of other features in its future products.

Another source reports that Apple is currently in plans to develop mobile payment solutions that are linked to its TouchID fingerprint sensor, currently in implementation with iPhone 5s, and possibly in future iPhones and next generation iPads. The company filed a patent last September detailing a technology to integrate its current TouchID technology with NFC technology. It is possible to expect some features relating to this.

Later this year, Apple is expected to release the iPhone 6 in two sizes, 4.7 inches and 5.5 inches, with the smaller version possibly released earlier. It will most likely be thinner and may feature the A8 processor and image stabilization feature in its improved camera. It is currently in negotiation with carriers regarding a $100 increase in price.