Apple is working on a new feature for iOS that will allow you to turn the iPhone into a payment terminal. As a result, small business owners will be free from the need to purchase special POS terminals for payments using plastic cards. This was reported by Bloomberg. According to reports, Apple will work on this new feature from 2020. It should be noted that in 2020, Apple bought the Canadian startup Mobeewave for $ 100 million. The technology, developed by the startup, allows smartphones with NFC chips to accept payments via bank cards. NFC technology is already used in Apple Pay payments. In order to accept payment via iPhone, sellers in some countries can use special terminals connected to the smartphone via Bluetooth. Former Twitter CEO Jack Dorsey's Square service maintains its leadership in this area.