There has been wide speculation that next iPhone with have a NFC chip in it. Now for those who don?t know what NFC is, it is known as Near Field Communication. It is suppose to enable mobile payments and other contactless communications between phones and special readers. This chip has been rumored to be in the iPhone 5 and since Google has built NFC into its latest phones on the Android you would think that Apple would compete to have the same technology. Although now there are reports that the iPhone 5 is not going to have it, a report from a United Kingdom publication named The Independent, said on March 14th that Apple has decided not to incorporate the NFC chip into the next generation iPhone due to the lack of a clear standard across the industry. Although we really won?t know for sure until Apple holds its annual iPhone event in June.