Step by Step making in roads into domestic payments.International payments likely to remain complex. Apple will not charge banks for using the service, unlike ApplePay which currently does levy a charge to banks
Apple Inc. is in discussions with U.S. banks to develop a payment service that would let users zap money to one another from their phones rather than relying on cash or checks, according to people familiar with the matter. The move would put the tech giant in competition with an increasing number of Silicon Valley firms trying to persuade... To Read the Full Story, Subscribe or Sign In
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