Apple makes enemy of PayPal with rumored service

By | November 11, 2015

Scalper1 News

Apple (AAPL) is looking to launch a person-to-person payment service for its Apple Pay platform next year that would compete with PayPal’s (PYPL) popular Venmo platform, according to media reports. The Wall Street Journal reported Wednesday that Apple is in talks with U.S. banks to develop a mobile person-to-person payment service. Apple’s P2P service would allow consumers to send payments from their checking accounts to recipients through their Scalper1 News

Scalper1 News