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...
From its beginning back in May 2011, NFC-using Google Wallet has struggled to get customers, having to overcome a shortage of retailers supporting it and an even smaller list of phones supporting it. The Guardian decided to try and quantify how many are using it...
The security system associated with the soon-to-be-released Apple Pay has been nearly universally praised as a significant advance in helping mobile payments go mainstream. Apple’s two-factor authentication, which pairs something-one-has (a phone) with something one is (a biometric scan), is considered superior to the two-factor...
It can seem in the three weeks since Apple Pay has rolled out, that the payments ecosystem has been in a competition to win the title of “Most Enthusiastic Apple Pay fan;” a competition that ensued when a certain Cupertino company entered the mobile payments/NFC...
Coming soon to a Square merchant near you: the ability to pay with bitcoin or Apple Pay. Square CEO Jack Dorsey recently told reporters in Square’s new Canadian home-base that Square’s next reader will come equipped to handle both alternative payment methods. “We’re building a...
This week, 400 hundred MasterCard partners from Southeast Asia, Middle East and Africa gathered in Singapore to talk payments innovation. Big data, mobile payments, digital convergence, financial inclusion and payments security were all among the big ideas discussed by the members MasterCard brought together. Delegates were...
Just a few weeks ago we thought that a $500 bitcoin floor was the bottom of the barrel, but bitcoin has dipped even further, reaching a new low, down in the 400’s. This week bitcoin took a long fall down to $410.61 from $450.68.
Apple Pay has the potential to influence the direction of a lot of things in payments, and today, we’d like to add “omnichannel” to the list. While the tech giant is brand new to payments, its ability to mobilize an ecosystem is above all others....
As part of an effort to push its mobile payment app as deeply into retail as possible, China-based Tencent Holdings has increased the size of its minority ownership of a shopping mall and logistics developer. “Tencent’s deepening ties with China South City Holdings could create...
