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...
Apple recently approached Square about becoming part of the Apple family, but talks ended abruptly when Apple was only willing to pay $3 billion, which is half of the company’s current valuation, according to a report in TechCrunch. Get the Full Story Complete the form...
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...
Though there has been a lot of talk and media coverage about the tremendous potential mobile payments offer to the poor, underbanked and financially disenfranchised around the world–minus a few bright spots (M-Pesa) the progress of mobile in bridging the gap between the banked and...
As more data emerges about e-commerce giant Alibaba in the run-up to its IPO Thursday (September 18), it is becoming increasingly clear the size and scope of the company’s reach Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
There is a school of thought that says a little destruction is not a bad thing, as such clearings brought on by destruction often offers human creativity the opportunity to flourish while solving a problem. If ones creative mind is bent toward solving security problems,...
Amazon is formally pulling the plug on it free person-to-person funds transfer service WebPay as of October 13, 2014. 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...
Some 13 state agencies operating Women, Infants and Children (WIC) benefit programs have implemented electronic benefits transfer (EBT) initiatives to improve the efficiency of funds distribution. However, many unknowns remain concerning the impact EBT processes have on the various stakeholders, including the agencies, their EBT...
With soaring mobile purchases in China as a backdrop, American Express and China Mobile (China’s largest telecom) to jointly support an NFC mobile payment system Hebao, which had previously been known simply as Phone Wallet. According to a report in Want China Times, the service...
