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...
Home rental firm Airbnb is now accepting Alipay, the huge Chinese Internet payment offering, on its site, reports ReCode. 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...
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...
What a payment represents in 2020 will be much different from it does today, as it will represent much more than just the settlement of a transaction or the movement of funds. In fact, the market transformation has already begun, new research results suggest. Get...
The Federal Reserve Banks of Boston and Atlanta applaud the many efforts to standardize payment tokenization, except the part that there are in fact so many such efforts. The potential for confusion and, much worse, standards conflicts undermining token efforts—especially in mobile—is a great concern...
The launch of Apple Pay has started a lot of conversations about winners and losers in the mobile payments space. The fact that Apple Pay launched with an NFC payments capability for in-store payments has everyone high-fiving over the notion of an NFC dominated mobile...
Want a snapshot of the themes that drove the buzz about payments innovation last week? Tune in, literally, to PYMNTS Weekender.
Want some fodder for that next water cooler convo? Here’s our weekly take on what’s movin’ and shakin’ across the Apple Pay Ecosystem.
It seems that one of the updates to the iOS8 ecosystem is that it randomizes the MAC addresses of iPhones every time they connect to a WiFi network. According to Apple, this was done as part of their commitment to further protecting the privacy of...
