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Is Apple Entering the Payment Acceptance Business?

Posted on August 17, 2020 at 7:50 AM

In July, Apple acquired Mobeewave, a relatively unknown payments-technology startup in Montreal, Canada for, reportedly, $100 million. For nine years, Mobeewave has been developing technology to convert conventional smartphones into payment-accepting devices without requiring additional hardware components.

The post Is Apple Entering the Payment Acceptance Business? appeared first on Practical Ecommerce.

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