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Is Apple’s Latest Announcement a Threat to Block (Square)?


Apple (NASDAQ: AAPL) recently announced that iPhone users would be able
to accept credit card payments without any external hardware. In
this Fool Live video clip, recorded on Jan. 27, contributors
Matt Frankel, Jason Hall, and Lou Whiteman discuss whether this could be
a threat to fintech disruptors, particularly Block (NYSE: SQ), formerly
known as Square. Matt Frankel: Apple announced to help small businesses
to accept payments directly on the iPhone without an external terminal.


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