What's New in Payments

One in ten US iPhone 6 owners have now used Apple Pay

Apple Pay

Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor awareness of which stores accept the NFC payments technology and a lack of understanding of how the service works, a survey conducted by InfoScout has found. Those who have used it, however, compare it highly favourably to using a traditional plastic card. More












NFC World

Transcript: Apple VP Kevin Lynch and CEO Tim Cook show off how Apple Watch can be used beyond payments

Apple Watch with Milanese strap

As well as using the device to make payments with the new Apple Pay mobile payment service, Apple Watch wearers will be able to use their smartwatch as a boarding pass and to unlock their hotel room doors, Apple’s VP of Technology Kevin Lynch explained during the unveiling of the new device on 9 September... More


What's New in Payments

How Apple will generate revenues from mobile payments begins to become clear

Apple Watch

An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional security to Apple Pay transactions, it is now becoming clear — giving Apple the ability to negotiate special deals with card issuers that will generate new revenues for the Cupertino company... More



NFC World

No support for carriers’ NFC SIMs in Apple devices?

Softcard

Softcard, the US carrier-backed NFC venture formerly known as Isis, won’t have access to the NFC support in the new iPhone 6, iPhone 6 Plus and Apple Watch until 2015, a blog post by CEO Michael Abbott suggests — and, even then, it looks as though it won’t be via a conventional NFC-enabled SIM... More