SQ2 0.45% $94.40 block inc.

Block shares lower on report Apple to let iPhones accept payments without extra hardware

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    Shares of Block traded 3% lower in early premarket action after Bloomberg reported that Apple is planning a service that will let businesses accept payments on iPhones without the need for additional hardware. Block operates the popular small-business payments service Square. The report said the Apple service will be coming in months.

    Looks like Apple is gunning for Block Market the merchant payment industry.
 
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