Is Apple Getting Into a Payments Business?

Rumors have long swirled that Apple is considering a payments business to take on the likes of PayPal. But will that in any way move the needle on Apple's bottom line, or is it more of a game-changer across the payments market, with ripple effects felt by all the companies vying for this space?

In this episode of The Motley Fool's Where the Money Is, banking and financial services bureau chief Matt Koppenheffer and analyst David Hanson discuss whether it's a matter of when, not if, Apple gets into the payments business and how the company jumping into this space might disrupt the market.

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David Hanson owns shares of Apple. Matt Koppenheffer owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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