Mobeewave, a Startup That Lets Smartphones to Accept Payments Using NFC is acquired by Apple inc

Mobeewave, a Startup That Lets Smartphones to Accept Payments Using NFC is acquired by Apple inc

According to report by Bloomberg, Apple have recently purchased the startup for approximately $100 million. Mobeewave’s technology works with NFC, which is built into all modern iPhones. Mobeewave’s website says sending payments with the Mobeewave app is as simple as inputting a transaction amount and tapping an NFC-enabled card on the back of a smartphone….