While flexibility is generally considered a virtue in life, in the case of a $300-plus-cell phone, a certain rigidity is comforting. This is a fact Apple has been becoming increasingly comfortable with as various consumers complain that the new “ultra-thin” design of the iPhone 6...
There’s nothing better than a juicy story. And the juicy story this week was what is said to have lead up to the decision of the eBay Board to spin off PayPal. What’s been reported “according to sources that have knowledge” on both the PayPal...
For those consumers eager to start paying for goods from their iPhone, it looks there might be a solid release date. Apple is rumored to launch the first mobile payment system, as part of iOS 8.1, on October 20th. Back in September, Bank Innovation reported...
Fortune magazine reported that the reason PayPal was left out in the cold on 9/9 when Apple Pay was launched was all because of Samsung. They report that before PayPal made a deal with Samsung, there were talks with Apple during the early stages of...
Check out these charts. Apple ownership by income is off the charts. They may have a smaller market share but iPhone owners have a much bigger share of spend. What’s interesting, however, is the extent to which spending power is correlated to age. iPhone owners...
The Apple Pay bandwagon will have to make room for one more as Capital One has rolled out a new mobile wallet app for cardholders that is Apple Pay compatible. The app is intended to offer users a clear look at their Apple Pay transactions, in addition to...
The European Commission is expected to soon publish the results of its investigation into whether Apple’s financial dealings with Ireland constituted a case of intentional tax avoidance. If Apple is found to be in violation, it could cost the company billions of euros in fees...
Apple Pay’s U.S. business model is based on issuers giving it a rebate on the fees they collect from merchants. But what happens when those fees are really low and headed lower? That’s Apple’s issue in Europe as it looks across the pond to find...
When versions of iOS 8.1 were released Monday (Sept. 29), they included hidden settings for Apple Pay, according to a report in MacRumors. Given that Apple Pay has been announced, the existence of the settings is not surprising. It’s also not surprising that the settings...
