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Apple could take on PayPal, Square, and Isis with its own mobile payments business

25
Jan
2014

So far, the company hasnt put the puzzle pieces together to let you buy whatever you can see, but that might be changing soon. The Wall Street Journal reports that Apple is building its own mobile payments business to take on the likes of PayPal, Google, Square, and Isis. Apple has reportedly tapped Jennifer Bailey, the head of the companys online store, to build the new payment business, after speaking to at least five other well-known executives in the payment industry about the same position. If you ask The Wall Street Journal, though, this isnt a new push for Apple. In 2012, the publication reported that Apple nearly launched a mobile payment system, only to abort the idea.

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