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Apple Bypassing Visa/Mastercard

Apple is in talks with banks to develop a new payment service that would allow iPhone users to send money to another iPhone user. And there’s a chance that Apple will attempt to bypass Visa and MasterCard in the process by working directly with banks on this project. http://recode.net/2015/11/16/will-apples-new-money-transfer-idea-leave-visa-and-mastercard-in-the-dust/ #tech

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