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Macintosh News => Apple News => Topic started by: HCK on November 12, 2015, 03:00:18 pm



Title: Watch out, Venmo: Person-to-person payments may be coming to Apple Pay
Post by: HCK on November 12, 2015, 03:00:18 pm
Watch out, Venmo: Person-to-person payments may be coming to Apple Pay

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Apple is in talks with major banks on an extension of its Apple Pay service that would allow person-to-person payments.</p><p>
The discussions are continuing and it’s unclear whether any banks have struck a deal with Apple, reported The Wall Street Journal (http://www.wsj.com/articles/apple-in-talks-with-u-s-banks-to-develop-mobile-person-to-person-payment-service-1447274074) on Wednesday, citing “people familiar with the talks.”</p><p>
The newspaper said the envisaged service would allow users to send payments from their checking accounts to others using their phone and isn’t imminent. It said one person had told it the service could launch in 2016.</p><p class="jumpTag"><a href="/article/3004616/software-lifestyle/apple-said-to-be-planning-person-to-person-payments-service.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

Source: Watch out, Venmo: Person-to-person payments may be coming to Apple Pay (http://www.macworld.com/article/3004616/software-lifestyle/apple-said-to-be-planning-person-to-person-payments-service.html#tk.rss_all)