Apple Files Patent For Digital Wallet and Virtual Currency

another random user writes "Apple has applied for a patent on a combined virtual currency and digital wallet technology that would allow you to store money in the cloud, make payments with your iPhone, and maybe communicate with point-of-sale terminals via NFC. The patent application, published [Thursday] by the U.S. Patent and Trademark Organization, details how iPhone users could walk into a store, pay for goods with their phone, and walk out with their merchandise. Though Apple is late to the virtual wallet game, that doesn't seem to stop them trying to patent the process. There does not appear to be anything in the patent application which describes something that can't already be done."

Comments

Surely only a matter of time..

[Anonymous Coward]

"Apple files patent for wheel"

Re:Surely only a matter of time..

[Anonymous Coward]

... with sharp corners

I'm glad apple invented this incredible technology

[Bradmont]

It's a shame so many other companies have ripped off Apple's innovation in the mobile payment market. The audacity of them, to release stolen copies before Apple even finished thinking up the idea...

Re:I'm glad apple invented this incredible technol

[Anonymous Coward]

Bitcoin exchanges sued in 3...2...

In Other News...

[flyneye]

Apple files patent for digital wallet drivers license,receipts, business cards,proof of insurance and condoms.