Will iPhone 5 feature NFC?

     A back and forth of reports have been going on about the iPhone 5, the expected name for the next version of the Apple iPhone and NFC. NFC stands for Near Field Communications, and is a way to transfer data wirelessly at very close distances. This would be useful for using your phone like a credit card, and making purchases just by waving the phone over the other NFC device.
     Bloomberg reported a few weeks ago that the iPhone 5 will come with a built in NFC chip. That report was then contradicted by The Independent, who said that if NFC appears at all, it will be in the iPhone 6th generation, rather than the iPhone 5. The contradictions continue as Elizabeth Woyke of Forbes claims (via SIA) that the iPhone 5 will have NFC built in after all.

Just met with an entrepreneur who says the iPhone 5 *will* have NFC...according to his friend, who works at Apple. Huh.

     With all the contradicting rumors, it's hard to tell which is true. Will the iPhone 5 contain a built-in NFC chip. We may have to wait for the iPhone 5 announcement, expected to be around June.