Will the Apple Pay feature work on iPhone 5S?

Just curious as to whether the new Apple Pay feature will also apply to the iPhone 5S with iOS8. I doubt it as it's a hardware NFC thing but just thought I'd check with the community.

susan-kelly wrote:
I just got my 5s and can't upgrade for a while, I can't believe that Apple Pay isn't something they could add to a 5s. I really want it!
Thats's because the 5s lacks the NFC hardware to make it work.

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