Financial blog Bank Innovation is reporting this afternoon that Apple is in talks with upscale fashion retailer Nordstrom to be one of the early merchant partners for its new mobile system, according to sources with knowledge of the discussions.

It may even already be a done deal. Citing anonymous Nordstrom employees, the outlet says that the department store chain updated its POS (point of sale) terminals a few weeks ago in order to be compatible with the “most recent” iPhone models.

If true, Nordstrom would make a great launch partner for Apple’s mobile payment system. A high-end brand with an enormous brick-and-mortar presence, it’s no stranger to technological innovations—it’s currently using iPod touch POS terminals.

Rumors of Apple’s iPhone-based payment service have been bouncing around for years now, but it looks like we’re finally going to see them materialize next week. It’s been widely reported that the firm plans to unveil the service alongside the iPhone 6.

[Bank Innovation]

  • GuyWithTheThings

    Ok, I know this is completely unrelated, but I found the Samsung Galaxy Alpha wallpaper. 🙂

  • 空白

    Great, lol. I’m too poor and out of style to get to use this feature I guess.

  • Caegs

    I worked at Nordstrom and the iPod POS systems were sick as hell. More stores need to start doing it.

  • Simon Moorhouse

    Wait, now I’m confused… I thought that with NFC, we would be able to use it anywhere contactless payments are accepted (there are loads local to me). This article suggests that Apple will have to partner with individual stores as they are rolling out their own standard which isn’t compatible with existing systems. I really hope this isn’t the case and that I’ve misunderstood…