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...
The announcement by Apple that they are going into the payments business as been good news point of sale tech maker Verifone. Currently less that 20 percent of U.S. payment terminals are NFC-ready, reports Bloomberg, a fact that may now change now that Apple is...
PYMNTS.com Bitcoin Price and Volatility index. Follow 303 Cryptocurrencies here: http://coinmarketcap.com/ . Bitcoin Tracker | Week 40 Apple Pay is here and will it kill bitcoin? Well, maybe a bit coincidental but bitcoin prices fell to $474.21 from $486.93 on the news, according to the...
Shares of online auction giant eBay dropped almost 3 percent on the day Apple unveiled its new Apple Pay mobile payment system, USA Today reported. Apple Pay, which will let iPhone users pay for purchases in brick-and-mortar and online stores using their iTunes accounts starting...
Players in the payments space for years have talked about when the right moment will come when mobile payments finally will take off. And most people said when Apple entered the game, it will, given Apple’s tendency not to jump into willy-nilly notions of what...
The Seven Need-to-Knows About Apple’s New iPhones and Mobile Payments 1. Apple will introduce NFC-enabled iPhones–the 6 and 6 Plus of sizes 4.7” and 5.5” respectively. 2. Apple Pay is the mobile payments capability. It will tokenize cardholder payment information on a secure...
