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The evolution of the mobile payment
It’s anticipated that there will be more than 4.8 billion individuals using a mobile phone by the end of 2016. Because of this enormous growth, we can expect to see the mobile payments industry and startups in the space evolve to meet the growing demands of users. To understand how big this industry is going to be, you need to understand the history of mobile payments and their… Read More
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Apple Pay Is Coming To ATMs From Bank Of America And Wells Fargo
Both Bank Of America and Wells Fargo are working on integrating Apple Pay into their ATMs, according to a source familiar with the teams on the projects. Engineers at both companies have been placed on multi-month assignments to build the Apple Pay options. I’ve confirmed the identity of at least one engineer who publicly lists themselves as a Bank Of America employee. Wells… Read More
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Apple Pay Could Finally Launch In China Early Next Year
There’s been plenty of speculation over Apple plans to launch Apple Pay in China, but now it appears that the mobile payment service could finally land in the country early next year. That’s according to sources cited by a new Dow Jones report which claims Apple intends to have it live by February 2016. Read More
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Apple Is About To Launch Apple Pay In Canada
Walgreens Becomes First Retailer To Integrate Its Loyalty Program With Apple Pay
Drug store chain Walgreens announced this morning its loyalty program will now be available through Apple Pay – making it the first U.S. retailer to integrate their customer rewards platform with Apple’s mobile payments service. The added support will allow the chain’s over 85 million Balance Rewards members the ability to use Apple Pay at checkout using either their iPhone… Read More
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Why Apple Pay Is Our Best Hope To Stop Online Fraud
Heists used to be so much effort — you’d need a gang, machine guns, a getaway car and long, meticulous planning. Nowadays, all you need is a couch, a laptop and some stolen data. When the barrier to entry is so low, it’s no surprise that online fraud is a huge problem. In fact, according to the authoritative annual True Cost of Fraud report from LexisNexis/Javelin Group,… Read More
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The Problem With Chase Pay, The Bank’s Forthcoming Apple Pay Competitor
Big retail is looking to carve out a piece of the mobile payments pie, where competitors like Apple Pay, Android Pay, Samsung Pay, PayPal, Square and others now battle. This week, the retailer-backed mobile payments consortium MCX announced it would be the premier partner for the newly unveiled mobile payments platform Chase Pay from JP Morgan Chase. Read More
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Where Does Apple Pay Stand On Its First Birthday?
While the “year of Apple Pay,” as Apple CEO Tim Cook dubbed 2015, still has a ways to go, the product’s first anniversary is rapidly approaching. And, considering Android Pay’s recent unveiling, it seems that its competitors are, as well. So, as we prepare to celebrate, the question is: How are things going? Read More
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Apple Pay For Everyone! PayAnywhere Mobile Reader Hits Apple Stores in September
It doesn’t happen that often, but once in a while I find myself in the wild without my wallet and really need to buy something. Because I absolutely never leave the house without my iPhone, I’ve gotten used to finding the nearest Walgreens, or Whole Foods, or Petco – or some other retailer that accepts Apple Pay – in order to buy what I need. And most of the time I… Read More
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Most UK Apple Pay Retailers Cap At £20, But Pret And Bill’s Show Transactions Can Be Limitless
Apple Pay officially arrived in the UK earlier today, and with it, we’re now getting more details on how the mobile payment service will work. Most of the 250,000 physical locations that will accept Apple’s contactless payment service will work with a £20 cap on transactions, as some had been reporting prior to launch, but it turns out this is not the full story. At least… Read More
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