MCX is now open to supporting both NFC and Bluetooth Low Energy for payments and is in conversation with credit card issuers about opening up its CurrentC mobile wallet to payment cards, CEO Dekkers Davidson and COO Scott Rankin have told reporters... More
Mobile payments will be a “great driver” for Visa, CEO Charles Scharf has told analysts during the company’s Q4 earnings call, and Apple Pay is just the beginning... More
McDonald’s 14,000 restaurants and drive-thru locations across the US have begun accepting Android NFC mobile payments following a successful pilot program with carrier joint venture Softcard that began in 2013... More
Apple Pay saw more than one million card activations within 72 hours of launch and is already the leading NFC payments player in the US, Apple CEO Tim Cook has revealed during the Wall Street Journal’s WSJDLive event. Cook also outlined future growth plans for the service, including a potential partnership with Chinese ecommerce giant Alibaba. More
There will be some 516m users of NFC mobile payment services by the end of 2019, up from 101m this year, thanks to the launch of Apple Pay and HCE, a forecast from Juniper Research has found... More
“Merchants large and small make business decisions every single day based upon what makes the best sense for the business, their associates and most importantly, their customers,” says Mallory Duncan, senior vice president of the US’s National Retail Federation, in a statement issued in the wake of the decision taken by CVS and Rite Aid to stop accepting Apple Pay and other NFC payments... More
“The decision by CVS and Rite Aid to block mobile payments services like Apple Pay, Google Wallet and Softcard is anti-consumer and anti-competitive,” says US-based trade body the Electronic Transactions Association (ETA), following the MCX consortium members’ decision to stop accepting NFC payments... More
US pharmacy chains Rite Aid and CVS, both members of the MCX retailer-owned consortium which is due to launch its CurrentC mobile payment service in 2015, have stopped accepting NFC payments in the wake of the launch of Apple Pay. More
Almost half (45%) of US smartphone owners with non-iOS devices would be willing to switch to an iOS device in order to gain access to Apple Pay, a study from market research firm Lab42 has revealed... More
Discover CEO David Nelms has spoken out about his expectation that the company will eventually participate in Apple Pay, explaining that the company is “actively working to be included over time.”... More
Apple is eyeing up the possibility of launching Apple Pay in Korea, Korea Bizwire reports... More
Amazon has confirmed to TechCrunch that its Rewards Visa Card, powered by Chase, is to support Apple Pay in the future and the company is already working on making this happen... More
Some Apple Pay users have been charged twice for purchases made using a Bank of America card, CNN’s Samuel Burke discovered after using the service to make purchases at Whole Foods and Duane Reade earlier this week. More
Harbortouch, a US-based point-of-sale system and merchant services provider, has unveiled Perkwave, a mobile app that uses Apple Pay to let customers pay at the table in participating restaurants. The service also includes loyalty and rewards functionality to encourage customers to pay using their mobile device. More
Version 8.1 of iOS is now available for download, and brings with it the US consumer rollout of the Apple Pay mobile payments system... More
JPMorgan Chase plans to make its debit and credit cards available in a wide array of mobile wallets — including one of its own to be launched later this year — even if that means cutting current margins, CEO Jamie Dimon has told analysts during the bank’s third quarter earnings call. More
Apple Pay is a “very important breakthrough”, Capital One founder and CEO Richard Fairbank has told analysts during the card issuer’s third quarter earnings call... More
iPhone 6 and 6 Plus users with Visa cards issued by Bank of America, Capital One, Citi Bank, Chase and Wells Fargo Bank will be able to use Apple Pay in stores from launch on 20 October, Visa says. More
Apple customers in the US will be able to use their iPhone 6 or iPhone 6 Plus to make Apple Pay mobile payments from Monday 20 October, CEO Tim Cook has announced, and 500 banks have now signed up to offer the service to their customers... More
“An internal memo addressed to Walgreens employees designed to prepare them for the upcoming launch of Apple Pay suggests that Apple’s new payments service might be going live on Saturday, October 18,” MacRumours reports... More