There's a fun meme that shows how the iPhone replaced everything in an old ad from Radio Shack -- mobile phones, CD players, fax machines, alarm clocks, calculators, etc.

It's time to add another piece of hardware to the list: payment terminals.

Coming later this year, you'll be able to accept payments on your iPhone from credit and debit cards, as well as digital payment systems like Apple Pay.

It's a Square killer, and another nail in the coffin for cash.

-- Leander Kahney, EIC.

Apple’s new Tap to Pay feature lets iPhone accept contactless payments — www.cultofmac.com

Apple will give iPhone the ability to accept contactless payments without additional hardware later this year, the company confirmed Tuesday. The feature, which Apple calls Tap to Pay, will initially be available to merchants in the United States who use a “partner-enabled iOS app.”

New MacBook Pro with next-gen M2 chip could land next month — www.cultofmac.com

Supply chain sources say a new model with a faster chip will be unveiled during Cupertino’s spring event next month.

Dell’s new 4K USB-C monitors are first to use LG’s ‘IPS Black’ tech — www.cultofmac.com

The screens promise 35% deeper blacks than typical 4K displays, which tend to have poor contrast in favor of other benefits (mainly brighter colors).

Denzel Washington and 'CODA' pick up big Oscar noms for Apple TV+ — www.cultofmac.com

The nominations are out for the 94th Academy Awards, and Apple TV+ films are up for six Oscars. Two movies from Apple’s streaming service attracted the attention of the Academy: CODA and The Tragedy of Macbeth.

Hack your metabolism with Lumen — www.vpdae.com

Lumen is the world's first device and app to measure, track and optimize your metabolism in real time, get insights and a personalized nutrition plan, and shift your body to fat burn. Take our free metabolic assessment quiz and see how effective your metabolism really is. Available on iOS and Apple Watch. Take the quiz.

Apple and its latest acquisition will make AI music together — www.cultofmac.com

Apple reportedly bought AI Music, a startup that uses artificial intelligence to create songs in real time. The technology most likely will be integrated into Apple's Photos application for creating background music for slideshows and video montages.

Mophie foldable iPhone stand is small enough to take anywhere — www.cultofmac.com

The Mophie Portable Magnetic Stand folds flat but opens to hold up a MagSafe-compatible iPhone at a range of viewing angles. Apple is impressed enough to make the stand an Apple Store exclusive.

What the puck? Belkin’s new iPhone charger comes with a kickstand [Review] — www.cultofmac.com

Belkin found a way to improve on Apple’s MagSafe charging puck for iPhone. Both charge equally fast, but Apple’s lies flat, while Belkin’s includes a built-in kickstand. Plus, the accessory-maker added a much longer cable.

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One more thing ...

"Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations." -- Steve Jobs