Apple files trademark suggesting its P2P payment service is coming to Europe


Apple has filed to trademark its peer-to-peer payment service with a European agency, indicating that the service will be accessible in at least some parts of the continent when it launches later this year.

Earlier this week, Apple filed an application to trademark “Apple Pay Cash” with the European Union Intellectual Property Office. The filing was first spotted by LetsGoDigital in the Netherlands.

Apple announced the payment service this summer at its Worldwide Developers Conference. It extends the Apple Pay service that was launched in 2014 to allow people to send money directly to each other via iMessage. With this service, any money you receive from someone lands in a virtual card that’s found within the Wallet on your iPhone.

Apple Pay is available in Europe in the U.K., Switzerland, France, Spain, Italy, and Ireland. Apple Pay Cash is set to go live with the release of iOS 11 this fall.

The expansion of such services is increasingly critical to Apple’s growth. Apple Pay is part of the Services category, which is the fastest growing segment of Apple’s earnings.

VentureBeat

Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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