In the weeks following the Apple Pay debut, players in the industry have been figuring out ways to complement, or compete against, the new mobile payments juggernaut. Within the world of mPOS, that means Apple Pay is being worked into existing platforms – a work...
Here’s a cyberthief twist. Thieves are routing bogus transactions through Brazil and are riding under the cover of EMV. The twist? “They were all submitted through Visa and MasterCard‘s networks as chip-enabled transactions, even though the banks that issued the cards in question haven’t even...
Apple CEO Tim Cook said that more than one-million payment cards were activated within Apple Pay within 72 hours of its launch a week ago. Cook also dismissed the CVS and Rite Aid decision to back down to MCX and stop accepting Apple Pay as...
Alibaba’s executive chairman, Jack Ma, said late Monday (Oct. 27) that Alibaba would like to partner with Apple on financial payments, but offered no details on what such a deal might look like. “I hope we can do something together,” Ma said, according to a...
Wall Street is starting to notice the many benefactors of payments changed fueled by Apple Pay and at the top of that list is now VeriFone, reports Barron’s. The rationale is that Apple Pay will push a new wave of POS upgrades to support NFC....
Ring, ring. Hi, Rite Aid. This is CurrentC (or a CurrentC rep) calling. You might not remember this since it was a few years and several marketing executives ago, but you signed a contract that pledged your undying and exclusive love to our own proprietary...
The Scariest Things In Payments Friday is Halloween, a holiday in the U.S. that involves people – young and old – dressing up in (sometimes) scary costumes and going door to door “trick or treat-ing” for candy. It’s a pretty big deal where I live...
When exploring global expansion for Apple Pay, China is the highest priority for Apple CEO Tim Cook, even though the service has yet to launch there. Cook, in an interview with China’s influential Xinhua News Agency, said that he wants to understand the Chinese payment...
After accepting Apple Pay at all of its stores on the Apple Pay launch day on Monday (Oct. 20), the $26 billion 4,600-store Rite Aid pharmacy chain apparently changed its mind and yanked support from those stores Wednesday (Oct. 22), with no official explanation, according...
