Technology
iPhones May Become Payment Terminals – channelnews – ChannelNews
SAN FRANCISCO: Apple has acquired Mobeewave, a start-up with technology that could turn iPhones into mobile payment terminals. Mobeewave has technology that requires only an NFC chip to work, allowing users to tap either their smartphone or a credit card to a…
SAN FRANCISCO: Apple has acquired Mobeewave, a start-up with technology that could turn iPhones into mobile payment terminals.
Mobeewave has technology that requires only an NFC chip to work, allowing users to tap either their smartphone or a credit card to another phone for payment processing. NFC chips have been included in iPhones since the iPhone 6.
Apple Pay already lets shoppers tap their iPhones to pay at a retail store.
Adding Mobeewave could allow any iPhone to accept payments withou…
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