Apple is developing its own payment technology
Every morning, with Societe Generale Private Banking Monaco, find the Market Trend.
The European market leader in payment and transaction services, Worldline, recorded the largest drop in the CAC40 at -6.6%!
And for good reason, the giant Apple has announced that it has developed its own technology in payment services and infrastructures.
The “Breakout” project aims to revolutionize the financial system with, in particular, a branded credit card, the possibility of making peer-to-peer payments, a Wallet application or a system allowing sellers to accept credit cards on iphone.
WorldLine; already heavily impacted by the pressure on technology stocks, is now suffering from Apple’s ambitions. The title suffered a heavy fall below 40 dollars.
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