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...
On the eve of Apple’s unveiling of its new iPhone-based payment system, a top executive at American Express said that, so far, efforts to get consumers to pay using mobile wallets have failed, according to American Banker. “On wallets generally, we have had wallets in...
Alibaba Group launched the roadshow for its $24 billion initial public offering in New York on Monday (Sept. 8). But although China’s e-commerce giant has updated its IPO filing six times since May, there are still unanswered questions, according to a Wall Street Journal blog....
Twitter began testing a “Buy” button on Monday (Sept. 8) with a small number of U.S. users, according to Business Insider. The goal is to eventually roll out Twitter-based ecommerce for all its users in the U.S., the social media service said in a blog...
As excitement gathers for the Second Coming-esque of the iPhone 6 later this week, long time collaborator Disney is preparing the way for the coming of the phone with upgrades to its stores’ iBeacon and NFC readers. According to sources quoted by 9to5Mac, changes in...
How Innovative Is Payments? No one really knows how to consistently define or measure innovation. Hear me out. Tuesday (Sept. 9) is finally the day that Apple, a company that has topped just about every chart imaginable that measures innovation over the last three decades...
Vodafone, in partnership with Visa, is developing a new payments system that will allow users to complete contactless payment via NFC enabled SIM cards. Vodafone and Visa have previously partnered on similar services in Italy, Spain, the Netherlands and Germany. Vodafone is planning a consumer...
Canada’s government is pushing Visa, MasterCard and banks to accept lower interchange fees paid by Canadian retailers, which the government claims are currently among the highest in the world, Bloomberg reported on Thursday (Sept. 4). Officials from Visa and MasterCard have held talks with government...
