Apple Wants to Kill Square
Apple usually waits until its annual Worldwide Developers Conference in June to break new software program feature that supersede products by other companies and third - party developer . But the company is kicking things off early this twelvemonth with thereveal of Tap to wage , which allows iPhones to function as standalone digital defrayal terminals . Basically , this cuts out company like Square , which offer computer hardware that connects to an iPhone so minuscule businesses ( solid food truck driver , Fannie Merritt Farmer market place stands ) can accept defrayment from debit cards , credit cards , smartphones , and other devices that support contactless payment ....