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Wireless

Apple looks to mobile payment services - report

Monday 27 January 2014 | 10:55 CET | News
Apple wants to develop mobile payment services, the Wall Street Journal reported. Eddy Cue, Apple's iTunes and App Store chief and a key advisor of chief executive Tim Cook, has met with industry executives to discuss Apple's interest in handling payments for physical goods and services on its devices, according to people familiar with the situation. In another sign of the company's interest, Apple moved Jennifer Bailey, a longtime executive who was running its online stores, into a new role to build a payment business within the technology giant, three people with knowledge of the move said.

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Categories: Mobile & Wireless
Companies: Apple
Countries: World
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