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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
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? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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...
Investors may be concerned about the threat that Apple Pay poses to eBay’s PayPal unit, but the impact may be less negative than many assume, according to the Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Apple has been many different types of company over its long tenure. While its always been a tech player it has also been in a state of near constant corporate evolution has meant its always been a lot more than that. With the launch of...
Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...
McDonald’s Chief Digital Officer Atif Rafiq was talking with a reporter last week about how “seamless” and easy McDonald’s will incorporate ApplePay, which makes sense given how the chain has been accepting contactless payments for years. (We didn’t say that they had accepted a lot of...
Given that Walmart’s own mobile payment plan—MCX, now branded as CurrentC—has no plans to go live nationally until next year, the world’s largest retail chain will not initially support Apple Pay, which is accepted to start accepting payments next month. But the anti-interchange mode of...
