Apple is about to release the iOS’ version 8 in the upcoming time period. There is a rumor going on that the new operating system will enable customers to scan their credit and debit cards. Evidently, it is a new mobile payment option, which is a big step coming from the situation right now; everyone has to manually enter their card info for a transaction to get through.

So how does the scan your credit card system work in iOS 8?

It’s simple. According to Apple, you just have to make regular online purchase for the system to work. The system will prompt you to scan your credit card/ compatible payment card by taking a snap through the phone’s camera. The photo is uploaded to a secure server where it is converted into readable format by the payment accepting company or vendor.

On a positive note, this process can feature many things, such as, but not limited to:

  • You will not have to enter your credit card info in iOS8 over and over again.
  • Time saving and one-time process.

However, Apple has not fully tapped the mobile payment market. Back in 2012, they introduced the Digital Wallet and Passbook app, but fail to meet consumer expectations. The entire process was like a baby step. Android, on the other hand, has already been facilitating customers with mobile and in-app purchases.

For Apple’s scan your credit card, and pay through it, option to work, they need to fully implement the NFC module as well. NFC, otherwise known as: Near Field Communications technology is for mobile device payments. As already mentioned a while earlier, Google is already offering NFC to its consumers through Android OS and various other platforms.

NFC Mobile payment system

By the way, Google and Apple are not the only contenders in the online mobile payment industry. There are other players and products, and not a particular benchmark to keep in view. There is always room for evolution, better, faster and swift payment options.

During the recent WWDC convention, Apple did talk about how the iOS 8 will support the credit card scanning feature, but it was done so in a fleeting sense. No in depth discussion or information was available.