Apple is reportedly planning to debut technology that will turn its next iPhone into a mobile wallet. The company is partnering with major credit card service providers like Visa, MasterCard and American Express on the venture, according to Bloomberg, which cited a person familiar with the situation. The mobile wallet will allow users to pay for items in a store through Touch ID, the iPhone's fingerprint recognition reader. The payment system will reportedly be based on a near-field communication chip that will work with Touch ID. Apple is said to be planning to debut the mobile wallet on September 9 at its media event where it's also expected to debut its new iPhone.

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