If Apple Pay has had trouble finding new markets overseas, perhaps it's no surprise that reports are surfacing of another new frontier: E-commerce.
Though Apple executives made no mention of such a development during this week's
Though Apple executives have often praised Apple Pay for its security, ease of use, bank and merchant support, it has struggled to gain support among
Re/code, citing anonymous sources, reports that Apple is approaching partners about a Web payment service that could launch before the 2016 holiday shopping season. The site speculates that Apple could reveal its plan at the annual developers conference this summer.
Such a move would bring Apple in competition with the payment brands that it counts on as funding sources for Apple Pay.
Technology sites speculate that Apple could embed Apple Pay into its desktop and Macbook computer designs.