Apple reportedly interested in handling mobile payments ? Would you use iTunes over Paypal or Square

[iMore.com]

Rumors of Apple getting into the mobile payments business have circulated for years. They have half a billion people registered with iTunes, almost as many iPhones and iPads in the market, hundreds of millions of credit cards on file, they already handle mobile transaction at Apple Stores, and Passbook has been integrated into iOS since 2012 and [iBeacons])http://www.imore.com/ibeacons "iBeacons") since 2013. The pieces are in place. Yet it remains a complicated business to get into. Douglas MacMillan and Daisuke Wakabayashi for the Wall Street Journal:

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