Apple could take on PayPal, Square, and Isis with its own mobile payments business

If you have an iPhone 5S, Apple can verify your fingerprint in a flash. The company likely has your credit card on file, and it can theoretically even figure out where you are inside a store with its iBeacon service. So far, the company hasn’t put the puzzle pieces together to let you buy whatever you can see, but that might be changing soon. The Wall Street Journal reports that Apple is building its own mobile payments business to take on the likes of PayPal, Google, Square, and Isis.

The publication doesn’t have any details about what the program might entail, only that the company’s careful executive search process suggests strong interest. Apple has reportedly tapped Jennifer Bailey, the head of the company’s online store, to…

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