Jan 26

Apple moves forward with mobile payments business

Apple has been interested in mobile payments business for a long time, but now things are getting pretty serious. According to Wall Street Journal, key lieutenant of Tim Cook and Apple’s iTunes and App Store chief, Eddy Cue had a meeting with industry executives regarding handling payments for physical goods and services on Apple’s devices. Apple has even moved its longtime executive Jennifer Bailey, who run Apple’s online stores into a new role for building payment business model within the company.


Via: wallstreetjournal

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