Apple acquires a company specializing in the use of NFC chips to complete the electronic payment – UAE breaking news

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Apple announced a new deal, whereby the American company acquired the Canadian company Mobeewave, which specializes in the use of NFC chips to complete the electronic payment, by putting my iPhone phone in front of each other or a credit card with a phone to be paid directly without the need for any external piece.

Apple announced a new deal, as it acquired the American company On a company Mobeewave Canadian startup specializing in Use the NFC chip to complete the electronic payment by placing my iPhone phone in front of each other or a credit card with a phone to pay directly without the need for any external piece.

The Canadian company has a revolutionary technology in the field of electronic payment via smart phones and NFC chip. And with this chip in Apple phones since iPhone 6, it will now be possible to accept payments by touching the phone with any other phone without the need for an external reader. With this, iPhone turns into an electronic payment gateway that can be used in both directions easily.

The Apple Pay service allows iPhone users to pay from their phones by branding them or bringing them closer to the payment device in stores, but if you wanted to accept the payments then you previously needed an external reader that is connected to the iPhone port and passes the credit cards.

According to Bloomberg, the deal cost Apple up to $ 100 million and includes staff retention.

It should be noted that Mobeewave cooperated with Samsung last year on a POS pilot program, and that the Samsung investment arm has a stake in the company.

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