Apple is reportedly working on a version of its digital wallet that will allow users to engage in peer-to-peer financial transactions, thereby allowing its customers to avoid paying the fees charged by credit card companies to use their payment ne8rks. Apple's design will allow 8 parties in a transaction to make payments between them, which are authenticated by a third party; the details of this process can be found in the linked article.
Apple is reportedly working on a version of its digital wallet that will allow users to engage in peer-to-peer financial transactions, thereby allowing its customers to avoid paying the fees charged by credit card companies to use their payment networks. Apple's design will allow two parties in a transaction to make payments between them, which are authenticated by a third party; the details of this process can be found in the linked article.