Apple already allows users to purchase music, books and apps through an account iTunes. According to a report the Wall Street Journal, the technology giant does not stop there and has plans to expand its mobile payment services.
Citing anonymous sources, the report says that Apple plans to move beyond the digital goods arena by allowing users to pay for physical goods and services such as clothing or a taxi with an iTunes account. The daily adds that Eddy Cue, in charge of iTunes and the App Store at Cupertino, has already met with industry leaders to discuss the subject.
The company has also given Jennifer Bailey, a longtime executive who runs the company’s online store, a new role related to payment methods and payment technology. micro-rental iBeacon.
Setting up a mobile payment service would allow Apple to take advantage of the hundreds of millions of credit cards it has already listed thanks to iTunes. It would also put the Apple firm in direct competition with services like eBay’s Stripe and PayPal.