Report: Apple planning mobile-payments move

Report: Apple planning mobile-payments move

Report: Apple planning mobile-payments move

Apple is making internal and exterior moves to grow being able to handle mobile payments, walking deeper right into a market where rivals would come with eBay’s PayPal, Google and niche specialists like Square and Stripe, based on the Wall Street Journal.

Apple Chief executive officer Tim Prepare has dispatched iTunes and Application Store chief Eddy Cue to satisfy with industry executives to gage their curiosity about getting Apple handle mobile payments for physical products or services, the Journal reported on Friday, quoting anonymous sources.

Internally, Apple produced a brand new position to have an executive to manage a task to construct a brand new payment system, and selected Jennifer Bailey to do the job, based on the article, where she’s referred to as “a longtime executive” responsible for Apple’s online retailers.

Apple needs to construct upon the countless million of charge cards stored on iTunes and Application Store, and upon the vast users list of iPhones and iPads. The organization already lets people to cover some products in Apple stores by checking the product and having to pay having a charge card on record on iTunes, the Journal reported.

Apple did not immediately react to a request comment concerning the Journal’s article.

Juan Carlos Perez covers enterprise communication/collaboration suites, os’s, browsers and general technology breaking news for that IDG News Service. Follow Juan on Twitter at @JuanCPerezIDG.


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