#Payments / Apple acquires softPOS firm Mobeewave

Apple has reportedly acquired Canadian SoftPOS company Mobeewave in a deal which could see iPhone’s turned into contactless payment terminals.

… Mobeewave lets users accept contactless payments with just their phones, without the need for any external hardware…

… The deal would add an extra inducement for sole traders to switch to Apple, providing a means to accept card payments without the need to acquire a separate card reader from the likes of Square and iZettle.

https://www.finextra.com/newsarticle/36327/apple-acquires-softpos-firm-mobeewave?utm_medium=dailynewsletter&utm_source=2020-8-4&member=98434