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Apple Targeting Paypal with Rumored P2P Payment Service

It looks like Apple has its sights set on dominating the payment business. It looks like Apple has its sights set on dominating the payment business. According to The Wall Street Journal, the tech giant has been meeting with several major US banks to discuss the possibility of developing a peer-to-peer payment system that would allow users to 'zap' money to one another with their smartphones.
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