July 25, 2014 - Apple is in talks with Visa as it ponders launching a mobile wallet this autumn, according to tech site The Information.

The latest bout of rumours suggest that the ability to make instore payments could finally arrive with the iPhone 6, although The Information's sources offer contradictory takes on the technology, with one saying that the system is likely to be NFC-based and another suggesting that it will rely on Bluetooth and WiFi.

The report suggests that Apple will not be going down the host card emulation route, instead making use of the Secure Element, although the famously proprietorial tech titan has no intention of "giving up any control to wireless carriers".

Apple hopes that working with Visa will also help it bypass the payment processing chain, helping it to lower costs for merchants and customers, says The Information.