Multiple sources, including the Wall Street Journal, say key Apple executives met with major retailers and other industry heavyweights to explore a new, bigger role in mobile payments.
Time Magazine reported that in his recent quarterly earnings call with Wall Street, Apple CEO Tim Cook said, "You can tell by looking at the demographics of our customers and the amount of commerce that goes through iOS devices…that it's a big opportunity on the platform."
Will Apple take that plunge? Guessing the secretive company's next steps is hazardous; but, among experts, there is growing consensus that Apple is preparing to make a splash in a growing market. Forrester Research has predicted that mobile payments will vault from $12.8 billion in 2012 to $90 billion in 2017.
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