Apple to Launch Tap-to-Pay Feature

The video discusses Apple's new feature that turns iPhones into payment terminals, eliminating the need for external hardware like Square readers. It explores the potential impact on Square and Apple's revenue, highlighting Apple's strategy to leverage third-party payment networks. The launch is expected alongside iOS 15.4, with companies like Stripe planning to adopt the feature. The video also covers Peloton's leadership shakeup, detailing the challenges faced under John Foley's tenure, including supply chain issues and mishandled recalls, leading to his departure.

What is the main feature being discussed that allows an iPhone to function as a payment terminal?

How does Apple plan to leverage third-party payment networks in relation to Square?

What potential revenue impact could the new payment feature have for Apple?

What are the expected timelines for the launch of the new payment feature and related apps?

What challenges did Peloton face under John Foley's leadership?