Apple to let iPhones accept credit cards without extra hardware


Apple may roll out a feature to accept credit card payments directly using the iPhone, without connecting to any extra hardware, say sources. — Bloomberg

Apple Inc is planning a new service that will let small businesses accept payments directly on their iPhones without any extra hardware, according to people with knowledge of the matter.

The company has been working on the new feature since around 2020, when it paid about US$100mil (RM420.2mil) for a Canadian startup called Mobeewave that developed technology for smartphones to accept payments with the tap of a credit card.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Russian court fines Apple for violating 'LGBT propaganda' law
Intel's new CEO says the company has 55% of the data centre market
Klarna Q1 revenue up 15% as US business grows
Italy's data watchdog fines AI company Replika's developer $5.6 million
AMD to sell ZT Systems' server-manufacturing business to Sanmina in $3 billion deal
Qorvo nominates Starboard's Peter Feld to board, ends boardroom battle
M&S' slow recovery from cyberattack puts it at risk of lasting damage
Top semiconductor lab imec eyes 'programmable' AI chips, CEO says
Microsoft hosts developer conference as focus grows on AI profits
Nvidia CEO unveils new tech to keep global AI expansion going

Others Also Read