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. The next few months will likely see millions of iPhone 6 buyers in the...
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...
On the one hand, Apple and PayPal have been partners for almost a decade, notes ReadWrite, going all of the way to the early iTunes Music Store days. But given that PayPal has been actively pushing its own mobile payment app as a retail in-store...
Well, hello Apple, and welcome to the payments industry. We’ve been holding the door open for you for a long time. As the whole world now knows, Apple this week announced the launch of Apple Pay. What our regular newsletter readers found Wednesday (Sept. 10)...
How should telcos around the world react to Apple Pay? Should they ride along and cooperate fully—potentially hurting their own mobile wallet efforts—and sell as much data, bandwidth and phones as possible? That would be a continuation of the telecom players’ existing model, conceding the...
The relative dominance of the QR code in the Chinese mobile payments market may be coming to an end, are at least facing its first serious challenger, as a new player rolls into town—Apple Pay. In the wake of the announcement of its NFC-based payment...
