Apple Pay 2.0 Revealed in a Patent, Coupon Redemption, Ticketing, Et Al

February 13, 2015     By : Amit

We talked about it earlier that Apple Pay 2.0 will be a giant step towards a complete wallet and will have coupons, loyalty and ticketing functionalities. And today we have solid proof that it is actually going to happen. U.S. Patent & Trademark Office published a patent application from Apple recently that revealed a new Apple Pay feature set. This is the schematic diagram of what all it will include – Please note the Metrocard for transportation ticketing, Coupon redemption apart from payments. The updated Apple Pay will also feature Lower NFC Power Mode Feature.

apple pay 2.0

Source: Patently Apple & USPTO

Details of the Patent published on 12th February 2015

Portable electronic devices (e.g., cellular telephones) may be provided with near field communication (“NFC”) components for enabling contactless proximity-based communications with another entity. Often times, these communications are associated with currency transactions or other secure data transactions that users rely on every day, such as credit card payments and public transportation ticketing. However, due to the limited amount of power available to battery operated devices, the NFC capabilities of such devices are often compromised or rendered unusable when their available power drops below certain thresholds.

According to Apple, near field communications may be managed differently according to different power management modes of an electronic device. In certain low power management modes, certain components of an electronic device may be at least partially disabled or shut down to conserve power.

According to USPTO page, if a user does not choose to cancel the enabled credential via option 437, control application module 330 may allow the enabled credential to be potentially utilized by NFC component 120 for at least a certain duration of time (e.g., duration of time 435 as shown in FIG. 4F). Such duration of time 435 may be based on preferences of a user and/or based on preferences of a manufacturer of device 100, which may be defined or otherwise dictated by an application running on device 100 (e.g., application 103 and/or application 143). For example, duration 435 may vary based on a security level associated with the enabled credential (e.g., a credit card credential of option 419 may warrant a high security level and may demand a shorter duration 435, while a coupon credential of option 421 may warrant a medium security level and may demand a medium duration 435, and while a metro card credential of option 423 may warrant a low security level and may demand a longer or undefined duration 435). Such duration 435 may be clocked by control application module 330 and may be continuously updated as part of credential enablement information 433 by NFC enabled data 333e (e.g., on screen 400f) so as to indicate to the user for how much longer the credential may be enabled for potential use as NFC communication 55 before once again being disabled.

As this patent with Appl. No.:14/063433 was filed on October 25, 2013, it is not clear when the new wallet will be launched. There is a high possibility that it might be announced in one of the following events (un-confirmed):

June, 2015 – Apple WWDC 2015 Keynote Address

September, 2015Apple iPhone 7 Event

You can read more about the technical details of the patent here

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Amit

Amit is the Co-Founder & Chief Curator of Let's Talk Payments. He has a strong background in strategy and market analysis and has advised dozens of clients (ranging from startups to Fortune 500) in payments, commerce and technology. His vision with LTP is to provide the same level of analytical rigor that analysts put into their work and combine it with Content 2.0 technology to offer unparalleled satisfaction for readers in this space.

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