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iWatch mobile payments could change everything

Apple's rumored smartwatch is reported to have an NFC chip. CNET's Bridget Carey explains how putting NFC in a watch could be the key factor in changing how we pay -- and more.

Forget paying with a phone. The true game changer for mobile payments will be when the technology is inside a watch -- a skill that the iWatch is rumored to possess. This CNET Update explores what it takes to prove the worth of a smartwatch, our trust issues with iCloud security, and the challenges for the Moto 360 -- the hero of the Android smartwatches.

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iWatch mobile payments could change everything