Apple will reportedly allow iPhones to accept contactless payments
Small businesses might soon be able to accept payments using their iPhones without the need for extra hardware. According to, Apple could start rolling out the feature through a software update in the next few months, perhaps with the final version of iOS 15.4 that's coming out this spring. Apple has reportedly been working on the service since 2020, when ita Canadian startup called Mobeewave known for developing a technology that turns a phone into a payment portal.
Mobeewave's technology only needs an app and the phone's NFC to work, unlike services like Square that require the use of an external hardware. The user simply has to type in the amount they want to charge, and their customer only needs to tap their credit card onto the back of the device. Apple declinedinvitation to comment, so it's unclear if that's how its built-in iPhone feature will work, as well.
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