Rumors are beginning to abound over what the new iPhone 6 will look like and what new programs and features the smartphone will have when it hits the market next month.

One of the most exciting rumors is the move toward a mobile wallet that would allow users to pay by touch throughout their daily lives, all through their iPhone 6. It has observers hopeful that it will give Apple new trajectory in a sector that has largely moved toward mobile wallets in the past few years.

The hope, a number of analysts believe, is that with Apple heading into the mobile payment sector, it will help give the industry a huge boost that will bring mobile wallet to the mainstream with the iPhone 6. Currently, Google and Isis are dominating the sector with their mobile wallet services, but an Apple wallet could have far reaching consequences for the competition.

Although Apple does not publicly discuss future products, at least one major report hints that the iPhone 6 will be including mobile payment capacity, which will be powered by its own short distance wireless technology called near-field communications, or NFC.

NFC is similar to Bluetooth in how it can bring together devices to function together as one unit. For mobile payment this could be a huge step forward as it would enable iPhone users to maintain a database of their passwords and logins in a special security cove with NFC that can then be used to make purchases via the smartphone.

Apple is hosting a Sept. 9 event and most observers believe this is when the company will officially announce the iPhone 6, and potentially a smartwatch of some kind.

The company already having hundreds of millions of credit card information from users, which would make the transition to a mobile wallet system a natural one, and the evidence points that the iPhone 6 will have those features, Tech Times reports.

"The location on the board is a square patch that does not correspond to any component from the iPhone 5s logic board, indicating that it may indeed be for a new component such as an NFC chip," writes one analyst who looked into the claims that there would be an NFC chip.

For now, however, it is a waiting game for most analysts, observers and consumers alike. With less than two week until the expected iPhone 6 announcement, the media coverage of the new device has ramped up and almost every media outlet is looking for more details on the upcoming iPhone.

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