Since the introduction of Apple Pay in 2014, Apple has expanded its range of financial products. The services it offers now extend beyond payments, and include both long and short term (BNPL) credit, savings, identification, credit rebates, and tools for merchants to take card payments.
For a service that doesn’t get a lot of attention, Apple Pay is a strategically important element to the company’s future plans. That’s clear.
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Source:: Computerworld