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Apple Eyes Person-to-Person Mobile Payment Service

Apple is reportedly in talks with U.S. banks about the potential to develop person-to-person transfers to Apple Pay to compete with PayPal Inc.’s Venmo platform.

Citing people familiar with the developments, The Wall Street Journal reports that the talks with banks are continuing and it is unclear if any of the firms have struck an agreement with Apple.
Growing popularity of person-to-person payment . . .

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