Intelligence

Apple is in talks to launch its own Venmo

Apple’s on-again, off-again flirtation with building its own money-transfer service appears to be back on.

The company has recently held discussions with payments industry partners about introducing its own Venmo competitor, according to multiple sources familiar with the talks. The service would allow iPhone owners to send money digitally to other iPhone owners, these people said.

Source: Recode

More: https://www.recode.net/2017/4/27/15412404/apple-venmo-competitor-money-transfer-cash-peer-to-peer-service