AnthonyC
2022-01-28
Apple king
Apple Working on Software to Let SMBs Take Payments Direct from iPhone: Report
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The technology would likely use near field communications, or NFC, which also lets Apple Pay users pay for items at shops.</p><p>Apple (AAPL) shares are up slightly less than 1% in pre-market trading to $160.93.</p><p>Cupertino, California-based Apple has not responded to a request for comment from Seeking Alpha.</p><p>The move, which could be part of an upcoming software update, may impact payments providers, such as Block's(NYSE:SQ)Square, PayPayl(NASDAQ:PYPL), Verifone(NYSE:PAY)and Ingenico.</p><p>Bloomberg added that the rollout of the feature may start "in the coming months," which would be close to when Apple is expected to announce several new hardware products, including the iPhone SE with 5G and an iPad Air and perhaps a new Mac using Apple's M1 processor.</p><p>Apple (AAPL) is set to report first-quarter earnings after the close on Thursday, where it is expected to highlight strength in the iPhone, as well as its Services businesses, multiple analysts said.</p><p></p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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