Apple Pay: Apple's secret weapon for emerging economies

Emergence

Emboldened by huge success in China, Apple is moving to make an impact on other emerging economies worldwide, with India seemingly next in line. The company has a secret weapon as it broadens its appeal in these markets – and that weapon is Apple Pay.

This is what we know so far: Apple is working to introduce person-to-person payments to Apple Pay, according to the Wall Street Journal.

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