Apple to turn iPhone into a payment terminal

Apple is working on an update that will transform its iPhone into a payment terminal, enabling users to accept payments with the tap of a card.

Speaking of “people who are aware of this issue, Bloomberg says the company has been working on something new since 2020 when it paid the first $ 100 million to Canada Mobeewave.

The secret can fail Square and the new type of SoftPos vendors, offering the flip-and-pay feature as an integral part of the tool, without the need for third-party support.

Apple may start unveiling the feature with software upgrades in the coming months, Bloomberg sources say. The company is expected to launch the first beta version of iOS 15.4 in the near future, which could see the final release of customers this summer.

Translate »