Apple Pay

Apple Pay
Apple Cash Adds Virtual Card Numbers, Enabling Spending at More Merchants
April 09, 2024

Apple Cash cards now have virtual card numbers, enabling users to securely spend their Apple Cash at merchants that don’t accept Apple Pay. This change was included among updates to Apple Cash terms and conditions released Tuesday (April 9). To view their virtual card number, users go to...

Apple Pay
Sunrate Adds Apple Pay to Payment and Treasury Management Platform
April 08, 2024

Sunrate has added Apple Pay to its global payment and treasury management platform. This new option offers the company’s commercial credit card customers a safer, more secure and private way to pay, Sunrate said in a Sunday (April 4) press release. “More and more businesses seek out for the...

Apple Pay
The Apple Pay Threat Facing Banks
March 18, 2024

A friend was preparing for a once-in-a-lifetime yoga retreat to a fancy resort in Malaysia. The trip was a long one with stopovers in Qatar and two days in Kuala Lumpur. The tour guide suggested that she put her debit and credit cards from her...

Apple Pay
European Commission Asking Retailers and Rivals About Apple Pay
May 10, 2023

The European Commission (EC) is reportedly seeking information about Apple Pay from retailers and Apple’s rivals. The requests by the antitrust regulators of the EU were sent out three months after Apple testified at a hearing on Feb. 14, Reuters reported Wednesday (May 10). Because...

Apple Pay
EU Targets Apple Pay’s Exclusive Access to iPhone NFC Chip
November 16, 2022

Since the launch of the iPhone 6, all subsequent models of Apple’s smartphone have enabled contactless payments with the Apple Pay mobile wallet using near field communication (NFC) technology.  And unlike users of Android phones, iPhone users have no alternative options if they want to...

Apple Pay
Class-Action Lawsuit Accuses Apple Pay of $1B a Year in Illegal Fees
July 18, 2022

A class-action lawsuit in federal court accuses Apple of using its Apple Pay to illegally profit from payment card issuers, taking in $1 billion a year in fees in violation of antitrust laws. The suit, filed Monday (July 18) by the Seattle firm of Hagens...

Apple Pay
Is Apple Pay Later Really a Threat to Affirm and Other BNPL Providers?
June 13, 2022

Apple’s Project Breakout finally broke out a week ago today at Apple’s WWDC. It was then that Apple confirmed what was probably one of the worst kept secrets in payments: it would enter the buy now, pay later (BNPL) space with its own product, Apple...

Apple Pay
iPhone-to-iPhone Tap to Pay Launches at Apple Stores
May 25, 2022

Apple will begin rolling out its new Tap to Pay feature for the public, a report said Wednesday (May 25). The feature was unveiled in February and lets iPhones that were compatible take payments through Apple Pay, contactless credit and debit, or other digital wallets....

Apple Pay
Apple Said to Eye Grocery Delivery for Apple Pay
May 08, 2022

Apple may be seeing new updates for Apple Fitness+ and Apple Pay, and the company is also reportedly looking into a grocery ordering service focusing on nutrition, according to a report Sunday (May 8) from Apple Insider. Mark Gurman, a Bloomberg reporter who often writes...