According to Re/Code, which cites a source briefed on the plans, details will be revealed on, er, Tuesday.
We learned about the proposed iPhone payment system in the summer when it was reported that Visa and Apple were locked in talks.
Last week, other credit and debit card bigwigs, including American Express, were name-dropped by an insider.
By Thursday, the New York Times had reported that Apple's latest product launch would include two versions of the iPhone and - at last - an iWatch.
As for the drugstore deals Apple has reportedly struck with CVS and Walgreen, your correspondent can't help but point readers at Cupertino's HealthKit system.
Apple, in an update to its the latest version of its licence agreement, recently told iOS app developers that they will be locked out from allowing sensitive health data to be slurped by third parties.
Presumably, this will extend to US pharmacies who have a payment deal with Apple. But how smart will the iPhone be in linking data between, say an asthmatics' inhaler purchase and the health apps that individual has on their device? Or will HealthKit be completely walled off from Apple's payment system?
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