A “small handful” of major French banks are now poised to sign deals to bring Apple Pay to France “by the end of the year”, Les Echos reports, following months of negotiations over the share of transaction fees Apple should receive from card issuers... More
Apple Pay
Trust in Apple as a mobile wallet brand increases in the UK
Trust in Apple as a mobile wallet provider has increased to 25% among UK consumers, nearing the 27% trust shown for MasterCard, market researcher Marketing Sciences reveals... More
Chinese banks face lower fees to support Apple Pay
Banks supporting Apple Pay in China will pay approximately half the amount in fees that US banks are paying to support the service — and may have negotiated a lengthy initial holiday period, according to Caixin... More
30m users sign up for Apple Pay in China
More than 30m Chinese consumers signed up to Apple Pay during its first day of launch in the country, China’s People’s Daily reports... More
40 more US banks sign up for Apple Pay
More than 40 US banks and credit unions have joined the list of Apple Pay supporting financial institutions in the US... More
CIBC to support Apple Pay in Canada?
CIBC may soon become one of the first banks in Canada to support Apple Pay, which is currently only available to American Express card holders... More
Apple Pay launches in China
Apple Pay has begun rolling out across China, letting consumers pay in-store with compatible Apple devices using their China UnionPay credit and debit cards at QuickPass-enabled POS terminals as well as make purchases within participating mobile apps. More
ICBC confirms Apple Pay launch date in China
Customers of Industrial and Commercial Bank of China (ICBC) will be able to use Apple Pay from 18 February, the bank has confirmed in a series of tweets reported by Reuters... More
Apple Pay to launch in China on 18 February?
Apple Pay could launch in China this week following confirmation from China Guangfa Bank... More
Apple Pay awareness, adoption and usage drops in the US
One fifth of iPhone 6 owners in the US (20%) have used Apple Pay at least once, research from First Annapolis Consulting reveals, down from 22% in spring last year. 15% say they use it regularly — more than once per month — down from 19% in the 2015 survey. More
Security update fixes Apple Pay flaw
Apple has released a security update that fixes more than 100 iOS bugs, including a vulnerability in Apple Pay that allowed third parties to see sensitive information as a payment was made... More
Ireland looks to NFC payments for public transport
Commuters on Dublin Bus and Iarnród Éireann rail services may soon be able to pay for transport with a tap of an NFC device under plans put forward by public transport operator CIÉ... More
Apple Pay glitch prevents users adding Visa cards
Apple has now resolved a service outage that meant users were unable to add credit cards and debit cards to Apple Pay for almost seven hours today... More
Apple Pay reaches mobile app inflection point
Apple Pay has seen an acceleration in mobile app acceptance across the US, according to Piper Jaffray analyst Gene Munster, who calls it an “inflection point” in a recent investor note reported by Quartz... More
Apple’s Error 53 shuts down handsets with Touch ID repairs
iPhone 6 users have been left with broken handsets as a result of Apple’s latest iOS 9 operating system update permanently disabling devices if it detects that Touch ID’s hardware integrity has been compromised — such as by being repaired by a non-Apple technician... More
Apple Pay adds 32 banks in the US
Apple has added a further 32 banks and credit unions to its list of Apple Pay supporting financial institutions in the US... More
Apple Pay available in more than 2m US retail locations
Apple Pay is now available in more than 2m US retail locations, according to Bloomberg, with the Crate & Barrel, Chick-fil-A and Au Bon Pain chains also due to roll out the service soon... More
Global mobile payment market to hit $620bn in 2016
Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More
Bank of America and Wells Fargo to add NFC to ATMs
Bank of America and Wells Fargo are working on integrating NFC into their ATMs to let customers complete transactions using their smartphones and services such as Apple Pay, according to TechCrunch... More
More than 3m London journeys made using a mobile device in second half of 2015
More than 3.2m journeys across London’s transport network were made using mobile devices in the second half of 2015, Transport for London (TfL) has revealed, and over 35,000 journeys a day are now being made using a mobile device. More