Apple to Jump on the Mobile Payment Bandwagon?
By Carlos Wilson
In a recent report on mobile payments, the Wall Street Journal said, “Apple Inc. is laying the groundwork for an expanded mobile-payments service, leveraging its growing base of iPhone and iPad users and the hundreds of millions of credit cards on file through its iTunes stores.” This report does not raise eyebrows, but simply states the inevitable fact. Apple's entry into this market will undoubtedly raise the bar, with major players already fiercely competing to gain market traction over how people pay through mobile devices.
