Apple has purchased an online payments startup that could turn the iPhone into a payment terminal, much as Square (SQ) does, according to a report. Apple has bought Montreal's Mobeewave for about $100 million, according to Bloomberg News ( ), which cited sources. The report quoted Apple as saying it does not comment on smaller technology company purchases.
-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
August 03, 2020 02:41 ET (06:41 GMT)
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