Apple to let iPhones accept credit cards without extra hardware – Bloomberg News (Yahoo! Finance: Company News)

Yahoo! Finance: Company News
Apple to let iPhones accept credit cards without extra hardware – Bloomberg News – For payments to get accepted on an iPhone, retailers currently use payment terminals to receive money on their iOS devices that are connected via Bluetooth, such as Block Incs Square payment systems. The new feature will instead turn the iPhone into a payment terminal, allowing merchants to accept payments with …

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