• Apple reportedly acquires startup that could turn iPhones into payment terminals

    2 days ago - By The Verge

    Illustration by Alex Castro / The Verge
    Apple has acquired a startup with technology that could turn iPhones into mobile payment terminals, Bloomberg reported. Montreal-based Mobeewave has tech that requires only an NFC chip to work, allowing users to tap either their smartphone or a credit card to another phone for payment processing. NFC chips have been included in iPhones since the iPhone 6. And while Apple Pay lets shoppers tap their iPhones to pay at a retail store, adding Mobeewave could allow any iPhone to accept payments without extra hardware like a card reader.
    According to...
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  • Apple's latest acquisition could turn iPhones into payment terminals

    Apple's latest acquisition could turn iPhones into payment terminals

    2 days ago - By Engadget

    IPhone users may be able to accept credit card payments from other people without needing extra hardware in the future. According to Bloomberg, Apple has acquired a startup called Mobeewave Inc., which is behind a technology that can turn iPhones int...
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