Apple eyes mobile payment business like PayPal and Square
01-25-2014
Tags: Apple, Mobile, Payment, PayPal, Square
Apple is getting ready to take some share from mobile payments business from companies like PayPal, Square, and Stripe. Seems like Apple already laid a plan.As we know about 500 million users own iPhones and iPads to date. Apple has hundreds of millions of credit cards through iTunes store accounts. If you own an iPhone 5S, it can use your fingerprint to confirm purchases. iBeacon can even determine where you are inside a store.Apple just need to tie those elements together to bring in to one integrated platform to build companies like PayPal, Square, and Stripe in the mobile payments business. Lets wait and see, for the official announcement from Apple.
KeyWords: Apple, Mobile, Payment, PayPal, Square