Thursday 27 April 2017

Apple is once again rumored to start a P2P money transferring network similar to Venmo and PayPal

Venmo is a free digital wallet that allows users to wire funds into or out of their Venmo account, bank account or debit card. Today, word surfaced about meetings that Apple has held with firms in this industry about starting up its own money transfer system. In other words, Apple is looking to build a Venmo competitor that would allow iPhone owners to transfer funds to and from others' iPhone handsets.

Those in the know say that Apple could officially unveil this new payment service some time later this year, allowing Apple to compete with others in the industry such as Pay Pal, Square ...

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