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Apple Fires Up Square Rivalry With Latest Feature

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Apple Inc (NASDAQ: AAPL) looks to launch a new Tap to Pay feature for the
iPhone. It will offer merchants an alternative to Block Inc’s (NYSE: SQ)
Square technology, Bloomberg reports. The feature will allow people to
buy goods from merchants in the U.S. through Apple Pay, credit cards, and
digital wallets without additional hardware. Apple will launch the
feature using field communications (NFC) technology for making all kinds
of payments, including between iPhones, to maintain user privacy. Fi

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