Apple Buys Startup to Turn iPhones Into Payment Terminals
A sticker advertises Apple Pay as an accepted payment method at a restaurant in Norwich, U.K., on June 9, 2020. (Photographer: Chris Ratcliffe/Bloomberg)

Apple Buys Startup to Turn iPhones Into Payment Terminals

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(Bloomberg) -- Apple Inc. has acquired Mobeewave Inc., a startup with technology that could transform iPhones into mobile payment terminals, according to people familiar with the matter.
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