According to a young report , Apple is said to be in discussion with banks to build a soul - to - person payment organisation that would allow people to transfer money between phones without the need for cards or check .
TheWall Street Journal reportsthat the service “ would allow consumers to send payments from their ensure accounts to recipient through their Apple machine . ” If it turn out to be a real thing , it would almost for certain be link up to Apple Pay in some way .
It ’s ill-defined how the service would meet with camber infrastructure , or how Apple would make money from the service . However , the report does exact that the folks from Cupertino have been talking to middleman at J.P. Morgan Chase & Co. , Capital One Financial Corp. , Wells Fargo & Co. and U.S. Bancorp . That ’s a somewhat comprehensive list .
This kind of money transportation organisation is becoming increasingly popular for everyday transactions , whether that ’s teenager clubbing together to buy gifts , students sharing a restaurant nib , or parents paying a babysitter . Notably , FacebookandPayPalare adult name that have already been crowd the payment style .
Apple , then , is lag behind — not that that shouldparticularly surprise you — if the rumors are true . And if they are accurate , the Journal ’s generator take “ such a service could get off the priming next yr . ” Take that with a pinch of Strategic Arms Limitation Talks , though ; do n’t worry , you may yield us back for it later .
[ WSJ ]
ApplePayment
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