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Apple goes into mobile payments with Mobeewave acquisition

Apple acquires Mobeewave to go into mobile payments

Apple stated:

Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans.

Usually, Apple buys startups and turns their technology into features for its products. Apple Play was added to iPhone in 2014 and allows users to pay for goods in retail stores with a rap. Apple even launched its own credit card last year, Apple card. The addition of Mobeewave will let people who have iPhone accept payments.


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Steffy Bogdanova

Steffy Bogdanova

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
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