Thursday, July 27, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft pays up to $250,000 for Windows 10 bugs
Foxconn Announces U.S. Manufacturing Plant in Wisconsin
Facebook has more that 2 billion users, profit and revenue soar
Meizu Announces New Dual-screen Pro 7 and Pro 7 Plus Smartphones
Kaspersky Lab Launches Free Antivirus Software
Nintendo's Earnings Boosted by Switch Console Sales
GPUs and Ryzen Processors Help AMD's Financial Figures
Razer Tiamat Flagship Headsets Released
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Apple I...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, April 22, 2014
Apple Is Eyes The Electronic Payments Market


A number of sources indicate that Apple will soon turn its iPhones into virtual wallets that will be used to buy online and in-store purchases.

Rumors that Apple was finally getting serious about virtual payments started to pick up pace in September when the latest iPhone, the 5S, launched with a built-in fingerprint scanner.

However, Re/code says that Apple is in the process of interviewing senior payments industry executives as it starts to build a full electronic payments business.

Specifically, the company is looking at how to make it easier for its customers to buy goods in physical stores using nothing more than their smartphone and their iTunes account details. This is on top of creating a system whereby an iPhone could be used for validating a purchase made online.

During its last earning call, company CEO Tim Cook said that part of the reasoning behind the Touch ID fingerprint scanner was to facilitate payments and authentication beyond Apple's walled garden.




Previous
Next
Toshiba Joins GLOBALSOLUTIONS Ecosystem        All News        G.Skill Launches 32GB DDR3L-2133 1.35V SO-DIMM Memory Kit
LG's G Watch is Water Resistant     Mobiles News      Nokia Devices and Services Acquisition Expected to Close This Week

Get RSS feed Easy Print E-Mail this Message

Related News
Intel, Microsoft and Amazon Side with Apple in Qualcomm's iPhone Ban Dispute
Apple Turns to LG Chem for iPhone 9 Batteries
iPhone Manufacturers Accuse Qualcomm of Antitrust Violations
Apple to Store Data China to Comply With New Chinese Law
Qualcomm Seeks to Block iPhone Imports
Apple Says Imagination Knew Their Graphics Chip Deal Was Ending
Apple Alleges Qualcomm Chip Licenses are Invalid
Apple Hires TV executives From Sony Pictures
Apple Confirms Focus on an Autonomous Car System
New 21.5-inch iMac Has User-upgradable RAM, Modular CPU
watchOS 4 Brings Fitness Features, iOS 11 Coming this Fall
Apple Upgrades iMac, Macbooks, Unveils New iMac Pro

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .