How Apple Disrupts Mobile Payments

By utilizing the fingerprint-sensing technology from its AuthenTec acquisition, Apple (NASDAQ: AAPL  ) could easily turn the world of mobile payments on its head. Just imagine the possibilities of simply using your iPhone and your fingerprint to pay for everyday life.

Such a move would revolutionize the mobile payment experience, which currently remains a challenge for users. Presently, entering your billing and payment information from a mobile device is somewhat onerous.

In the follow video, Fool contributor Steve Heller makes a case for why it's practically a no-brainer for Apple to move into the mobile payments business, and how such a move would undoubtedly put a target on eBay (NASDAQ: EBAY  ) PayPal's back.

In order for Apple's stock to soar, a few critical things need to fall into place. In The Motley Fool's special free report, "5 Secrets to Apple's Future," we outline the key factors every Apple investor needs to watch. Just click here now for your free report.


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