Starting in October, customers will be able to pay for purchases directly from their iPhones and Apple Watches, thanks to Apple’s new mobile payment service — and the Navy Federal Credit Union is among the financial institutions partnering with Apple for the roll-out of Apple...
The big question for Apple Pay is whether Apple can succeed where others have failed and take contactless payments from a niche service to more mainstream adoption, according to Tech Radar. A key factor is the security of the system, because retailers in particular have...
Forget the Apple Watch and iPhone 6. Apple Pay is Apple’s next biggest innovation, according to Advertising Age. The reason: Touch ID has the potential to finally push mobile over the hump in the U.S. Mobile payments are fine, but every Starbucks has them. The...
Apple Insider reported on September 10th that Discover was in discussions to become part of the Apple Pay payments scheme. This information was confirmed as part of a tweet that was sent by a Discover company representative. “We are in discussions with Apple to add...
Analysts are bullish on the Visa and MasterCard’s financial prospects as a result of their support of Apple Pay in more ways than one. Seeking Alpha analysts report that Apple’s embrace of a card network scheme to power Apple Pay will make it harder for...
It has been confirmed that Apple Pay has managed to do something that most merchants have been unable to persuade the networks to do – allow them to pay card present rates (aka cardholder present) on transactions done in store using mobile phones. Cardholder present...
Regulators in Europe are considering strongly tightening regulations, particularly when it comes to identification, for mobile payments. Just in time for the launch of the Apple iPhone 6, a new “Payment Services Directive in the EU” and the Council of Ministers’ presidency has recommended new...
Much has been written, and opined, over the past week since Apple introduced Apple Pay and entered the payments market. But how might the service affect B2B payments? In essence, much the same way single-use virtual card numbers have for businesses for some time. But...
Apple has locked down the iPhone 6’s NFC chip, which it uses for Apple Pay mobile payments, and it can’t be used by any other apps, the company confirmed this week. So you shouldn’t expect third-party apps that let you use NFC tags or pay...
