What's New in Payments

Apple explains how Apple Pay Cash will function as an electronic purse on iPhone, iPad and Apple Watch

Apple Pay Cash and person to person payments now available — Apple — “Apple customers who don’t already have Apple Pay set up on their supported device can still receive money from friends and family without needing to install a new app or add a card to Wallet. When new users receive money for the first time, it’s simply added to their new Apple Pay Cash card once they accept the terms.”


NFC World

Wembley to let fans store contactless tickets in their Apple Wallet

Contactless ticketing at Wembley Stadium — Wembley Stadium — “The innovation offers fans a new way to seamlessly and securely enter live events with contactless tickets added to Apple Wallet on their iPhone or Apple Watch… The integration of contactless tickets in Apple Wallet will simplify customers’ experience while enhancing security and fostering more personalised engagement with fans. As well as entering the stadium with their contactless tickets, fans can use Apple Pay to buy food and beverages with their iPhone or Apple Watch.”


What's New in Payments

Apple Pay Cash to go live in iOS update ‘this fall’

iOS 11 is available tomorrow — Apple — “Coming this fall with an update to iOS 11 and watchOS 4, Apple Pay users will be able to send and receive money from friends and family quickly, easily and securely. Pay and get paid right in Messages, or tell Siri to pay someone, using the credit and debit cards they have in Wallet. When users get paid, they receive the money in their new Apple Pay Cash card in Apple Wallet and can use the money instantly.”



What's New in Payments

TD Canada for iOS now lets you easily add TD cards to Apple Pay

TD Canada for iOS now lets you easily add TD cards to Apple Pay — iPhone in Canada – “TD Canada for iOS has been updated to make it easier to add your TD cards to Apple Pay… This update will assist new Apple Pay users to easily adopt the mobile wallet, as all they have to do is verify their TD cards within the bank’s iOS app, instead of scanning or manually entering numbers within Apple Wallet.”


What's New in Payments

There’s now an Apple Pay smart debit card for kids

There’s now an Apple Pay smart debit card for kids — 9to5Mac — “With Greenlight, the money you give your child is divided into two categories: money they can spend anywhere, and money they can spend only at a store (or a kind of store) you’ve approved in advance… Greenlight is also turning on Apple Pay support for kids who can add the smart debit card to Apple’s Wallet service on the iPhone, iPad, Apple Watch, and Mac.”


What's New in Payments

Urban Airship analysis of retailers’ mobile wallet coupons and loyalty cards reveals widespread peer-to-peer sharing

Urban Airship analysis of retailers’ mobile wallet coupons and loyalty cards reveals widespread peer-to-peer sharing — Urban Airship — “Analysis of more than one million Apple Wallet coupons and loyalty cards of major retail brands shows that for every mobile wallet pass a customer installs, it is shared and added to 3.3 other mobile devices on average… More than three-quarters of retailers’ installed passes were the result of sharing versus being created and distributed through their marketing channels.”


What's New in Payments

Punchh brings Apple Pay to restaurant loyalty program

Punchh brings Apple Pay to restaurant loyalty program — Punchh — “Users visiting participating restaurants will soon be able to not only pay for their purchases, but earn and redeem rewards and loyalty points using Apple Wallet… Brands including Smashburger, Quiznos, and MOD Pizza will be offering Apple Pay with the Punchh integrated solution starting later this year.”



What's New in Payments

Australian banks lose fight to gain access to NFC functionality in Apple iPhones

Apple Australia

The group of Australian banks seeking stronger negotiating powers with Apple over the NFC technology within its iPhone handsets have been denied access to it by the Australian Competition and Consumer Commission (ACCC) on the grounds that the proposed conduct would “reduce or distort competition in a number of markets” and that the benefits are “outweighed by the detriments”. More



What's New in Payments

Apple accuses Australian banks of Apple Pay transaction fee ‘trojan horse’

Apple Pay

Australian banks are using fees on Apple Pay transactions as a “trojan horse” to discourage the use of its mobile payments service and to condition consumers to accept transaction fees with the “longer term view to setting a precedent for charging for mobile payments on other digital wallets,” Apple claims in its latest submission to the Australian Competition and Consumer Commission (ACCC)... More