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Apple said to be building an electronic payment business, interviewing experienced candidates...

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Apple has long been rumored to be exploring building their own payments system, and according to a recent report they're looking to bring on senior executives from the payments industry to make it happen. With hundreds of millions of credit cards on file for iTunes, Apple already has a massive built-in base of potential users. According to Re/code, Apple's e-commerce head Jennifer Baily has been meeting with potential candidates.

 

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