“Apple wants to replace yet another daily tool with your iPhone: your wallet,” Mark Gurman reports for 9to5Mac.
“Executives from the Cupertino-based technology company have begun discussions with directors from retail store chains about a mobile payments service, according to a source with direct knowledge of the talks,” Gurman reports. “Previous reports indicated that Apple is exploring new payments services through discussions with executives from existing payments companies.”
“These latest mobile payments-related discussions, which have occurred with retail store brands such as those that sell luxury clothing and premium goods, have taken place over the past couple of months, according to the source,” Gurman reports. “The Apple mobile payments service would be integrated into iOS devices such as the iPhone and would be a comprehensive solution that would allow an iPhone user to leverage their device as a form of payment in retail stores. Based on information from various people briefed on the matter, the service would tie directly to iTunes accounts.”
Much more in the full article – recommended – here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]
Related article:
Apple interviewing senior payments industry execs for ‘very serious’ mobile payments push – April 21, 2014