Apple buys startup that turns smartphones into mobile payments terminals

Apple recently purchased Mobeewave, a payments technology startup that developed a method by which smartphones like iPhone can be used as mobile payments terminals.


Citing sources familiar with the matter, Bloomberg reports Apple paid approximately $100 million for Montreal-based Mobeewave and its “dozens” of employees. The team has been retained and continues to work out of its headquarters.Apple confirmed the purchase with a boilerplate statement, saying, “Apple buys smaller technology companies from time to time and we generally do not discuss our purpose or plans.”

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Apple, Iphone, Mac, Technology, Uncategorized

Apple, Iphone, Mac, Technology, Uncategorized

1 Response to "Apple buys startup that turns smartphones into mobile payments terminals"

  1. George Grellas is a Silicon Valley business and corporate legal advisor work in beginning phase tech startups. Dr. Gőz Péter ügyvéd Debrecen

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