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The iPhone maker has long been expected to jump into mobile payments. Now a new report says that Apple's talks with payment industry players have "heated up."
The tech giant may be planning to take on services like PayPal, according to The Wall Street Journal.
Bank of America's service lets vendors use smartphones to swipe customers' credit cards. BofA is charging vendors 2.7 percent per purchase, just a hair below Square's rate.
The venture, a partnership between Verizon Wireless, AT&T, and T-Mobile, said as many as 20 compatible handsets would be in the market by the end of the year.
The latest company to get into the mobile-payment market, the bank is using QR codes that let customers use a smartphone to scan pictures and make their payments.
Apple has been granted a new patent detailing a way for parents to control the spending habits of their kids through their phone.
Merchants can now identify and reward regulars, wirelessly print receipts and open cash drawers, and track sale history.
San Francisco-based Square has a new investor who is anything but.
The joint venture between AT&T, Verizon Wireless, and T-Mobile has rounded up most of the handset makers to use its technology standards. The key missing player: Apple.
Credit card company executive Ed McLaughlin shares with CNET his vision of how the company's partnerships will spur the adoption of the digital wallet.