mobeewave
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Apple's 'Tap to Pay' lets iPhones accept contactless payments
Apple is introducing a Tap to Pay feature that lets shops take contactless payments through an iPhone — no extra devices required.
Apple's latest acquisition could turn iPhones into payment terminals
According to Bloomberg, Apple has acquired a startup called Mobeewave Inc., which is behind a technology that can turn iPhones into payment terminals. Mobeewave’s technology only requires an app and a Near Field Communications (NFC) chip to work. As Bloomberg notes, Apple rival Samsung teamed up with Mobeewave last year to turn some of its phones into payment terminals for small businesses.
