Apple Pay’s next step? Peer-to-peer payments

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Apple in talks to bring Apple Pay to Israel
Apple in talks to bring Apple Pay to Israel
Photo: Jim Merithew/Cult of Mac

Apple is again working to deliver its own Venmo competitor that will allow fans to transfer money to one another using their iPhones, according to a new report.

Multiple sources familiar with the company’s plans expect the service to be unveiled later this year.