Analysts make case for why Apple will launch mobile payment system

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The Morgan Stanley Research group in Europe believes Apple has all the ingredients to cook up a proprietary mobile payment system, and makes a case for why the Cupertino-based company may launch it soon.

Primarily, Apple in a way is already the “de facto, in the mobile payment space,” given it has 400 million credit cards on file through its iTunes Store.

One Morgan Stanley executive makes a strong case, based on public information and not insider Apple information, on why it sounds likely:

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"Analysts make case for why Apple will launch mobile payment system" is an article by iDownloadBlog.com.

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