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Analyst meets with Apple management, hints at upcoming 'killer iOS app' for mobile payments

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By Daniel Petrov

Published: Apr 11, 2013, 2:28 AM

Apple

Morgan Stanley analyst Katy Huberty recently met with Apple management, and shot a note to clients indicating that there is a "killer iOS app" in the making from Cupertino, as well as some sort of new Internet service.

While the web stuff might simply be the iRadio streaming music setup we've already heard so much about, the killer app is more interesting here. The analyst claims that it will be akin to the Siri launch with iPhone 4S that put Google on its toes, and made it speed up the launch of the Google Now virtual butler and the excellent Voice Search recognition service in its latest Android versions.

She even went as far as hinting about the new app, giving Passbook and mobile payments as an example. We've heard so much about a fingerprint authentication coming with the iPhone 5S, that will be somehow connected to a mobile payment initiative on Apple's part, that we'd be surprised if this doesn't materialize.

Google hasn't managed to get its Wallet service off the ground in any significant way so far, so perhaps Apple would have a better chance at proliferating mobile payments globally, depending on how the service is structured, and on the participants. After all, the archenemy Samsung recently struck a pretty significant deal with Visa, and its newest Galaxy S4 employs a barcode generator that can be scanned with any existing retail reader

via AppleInsider

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Daniel, a devoted tech writer at PhoneArena from 2010 to 2025, has been engrossed in mobile technology since the Windows Mobile era. His expertise spans mobile hardware, software, and carrier networks, and he's keenly interested in the future of digital health, car connectivity, and 5G. Beyond his professional pursuits, Daniel finds balance in travel, reading, and exploring new tech innovations, while contemplating the ethical and privacy implications of our digital future.