Apple's latest acquisition could turn iPhones into payment terminals - Engadget

According to Bloomberg, Apple has acquired a startup called Mobeewave Inc., which is behind a technology that can turn iPhones into payment terminals. Mobeewave’s technology only requires an app and a Near Field Communications (NFC) chip to work. As Bloombe… https://www.engadget.com/apples-mobeewave-acquisition-105205881.html