Apple, the world-famous tech giant, is reported to have started
making active steps toward implementing a very ambitious idea. In
particular, it is planning to create an expanded mobile payment service,
which is actually a new online payment system. The new payment system I
expected to make rival to such well-known giants as Google Wallet,
Square and PayPal.
The new payments system is expected to
peg debit or credit cards to iTunes accounts in order ot purchase
products and services offered by Apple and other companies a well. The
service is expected to charge a certain fee for every single transaction
made by the client.
Experts also believe that the new
payment system is likely to be working together with iBeacon, the
service informing users about discounts and bargains in retail stores
located nearby. The data are expected to be transferred via Bluetooth
4.0.
Well, needless to say, that once
implemented, the system will bring Apple billions of extra income,
thereby increasing it income and market capitalization.