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Will iPhone 5 have NFC ‘contactless’ capability?

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Among the hottest debates swirling on the Web about Apple’s forthcoming iPhone, dubbed the iPhone 5, is whether it will or won’t include a wireless technology called Near Field Communication (NFC).

NFC, which allows for ‘contactless’ communication between phones and special readers, has been touted as a technology with a vast array of practical applications. One use much bandied about is ‘tap and go’ pay with smartphones, which could eliminate the need for a bulky billfold full of credit cards. Another is ‘tap and go’ on buses and subways (no more scrambling around for your pass as the train pulls away).

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Enthusiasts have even suggested a world in which movie posters and restaurant menus are tagged with additional information available to the curious with a wave of their phones. So when a recent article in the U.K.’s The Independent, citing anonymous sources, reported that Apple decided not to include NFC chips in the latest iteration of its yet-to-be-released iPhone, the news caused something of an Internet frenzy.

That news was countered Thursday by a Forbes blog post which said the jury was still out on Apple including NFC and cited an anonymous entrepeneur with a friend who works at the always-secretive tech company.

Of course, there’s always the chance that an Apple employee will tie one on and leave another iPhone prototype in a Silicon Valley bar. Last spring, Apple engineer Gray Powell forgot an unmarked iPhone 4 prototype in Redwood City. The student who found it ultimately sold it for $5,000 to gadget blog Gizmodo.

Correction: Earlier post incorrectly identified the Apple engineer as Robert Powell.

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