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Friday, 24 January 2014

WSJ: Apple looking to push deeper into mobile payments

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The Wall Street Journal is reporting tonight that Apple is looking to develop a new mobile payment service. The outlet says that SVP of Internet and Services Eddy Cue has met with other companies regarding Apple’s plans to use its iOS devices to handle payments.


With hundreds of millions of active iTunes accounts, Apple has one of the largest credit card banks in existence. And pundits have been saying for years that the company could leverage its mega user base by coming up with some sort of mobile payment system…(...)

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