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  • Tue. Jul 9th, 2024

Apple purchases startup to turn iPhones into payment terminals

Apple purchases startup to turn iPhones into payment terminals

Home > Business > News > Apple purchases start-up to turn iPhones into payment terminals

Apple Inc. has acquired Mobeewave Inc., a startup with technology that could transform iPhones into mobile payment terminals, according to individuals familiar with the matter.

Mobeewave’s innovation lets consumers tap their credit card or smartphone on another phone to process a payment. The system wor

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