Apple sets its sights on electronic payments: report


  • TECH
  • Wednesday, 23 Apr 2014

MAJOR PUSH: Apple wants to put electronic payments at its customers' fingertips.

According to a number of sources, the company is serious about turning its iPhones into virtual wallets that consumers can use to make both online and in-store purchases. 

Rumours that Apple was finally getting serious about virtual payments and about replacing cash and credit cards with smartphone apps started to pick up pace in September when the latest iPhone, the 5S, launched with a built-in fingerprint scanner. 

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