January 27, 2014

Apple Pushes Deeper Into Mobile Payments

According to the WSJ, Apple is laying the groundwork for an expanded mobile-payments service, leveraging its growing base of iPhone and iPad users and the hundreds of millions of credit cards on file through its iTunes stores.

quotemarksright.jpg... A payment service would launch Apple into what is becoming a fierce battle over how people pay through mobile devices. Other players include eBay's EBAY PayPal unit, Google Inc. and startups such as Square Inc. and Stripe Inc. Forrester Research estimates that Americans will spend $90 billion through mobile payments by 2017, up from $12.8 billion in 2012.quotesmarksleft.jpg

Read full article.

emily | 8:57 PM | Mobile Payments | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
The Permanent Link to this page is: http://textually.org/textually/archives/2014/01/032648.htm
Google+ FaceBook Follow Me on Pinterest
Home | About | ArchivesCopyright © 2014