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Apple

News stories featuring Apple:

Square Cash finds time for Apple Watch

August 25th, 2015

Square has updated its P2P mobile payment app to add support for Apple Watch. Version 2.8 of Square Cash will now allow users to send money, pay their contacts with a new contact-first interface and approve requests with a single tap.

Apple Pay fees ‘sticking point’ for Australian banks

August 25th, 2015

Australia’s largest banks are reportedly in dispute with Apple over Apple Pay interchange fees. “Fees are a big sticking point in the negotiations, with big banks not willing to give Apple a slice of the A$2bn a year they earn in interchange fees,” The Sydney Morning Herald reports. “In the US, Apple is believed to earn about 15 cents of every US$100 transaction.”

Four in five Apple Watch owners use Apple Pay

August 24th, 2015

Some 80% of Apple Watch owners that are eligible to use Apple Pay have already done so, research from Wristly has found, with 79% saying they prefer using the mobile payments service on their Apple… More

Apple Pay adds 18 banks in US

August 24th, 2015

Apple has added a further 18 banks and credit unions to its list of financial institutions in the US supporting Apple Pay, putting the total close to 500. “Apple Pay is now available in both the US and the UK — the next country to gain support could be Canada,” Apple Insider reports, adding an announcement could be made next month.

Apple joins NFC Forum

August 12th, 2015

Apple has joined the NFC Forum as a sponsor member as of August 11. “The top tier of NFC Forum membership, sponsor membership, entitles an organisation to a seat on the NFC Forum board of directors, the association’s governing body,” NFC Forum director Paula Hunter says. “We are delighted to welcome Apple to our board of directors as an NFC Forum sponsor member.”

MCX member Rite Aid to accept Apple Pay and more

August 12th, 2015

US pharmacy chain Rite Aid, a member of the MCX retailer-owned mobile payments consortium, will accept Apple Pay and other mobile payment services in its stores from August 15, following its decision to stop accepting… More

Apple Pay gets 98% satisfaction rate for in-store purchases

August 11th, 2015

Apple Pay has gained a 98% satisfaction rate among those that have used the mobile payments service to make an in-store payment in the US, Auriemma Consulting Group’s Marianne Berry has told NFC World, adding that… More

Amex adds corporate cards to Apple Pay

August 11th, 2015

American Express is now allowing customers to add corporate credit cards to Apple Pay. “Apple Pay allows American Express card members to add their eligible corporate card and pay with their mobile devices,” Amex says. American Express added Apple Pay for consumer cards and open small business cards in late 2014.

Apple adds 46 US banks to Apple Pay

August 6th, 2015

Apple has added an additional 46 banks and credit unions to its list of supporting financial institutions in the US. “The new additions increase the number of banking institutions in the US supporting Apple Pay to over 425,” MacRumors reports.

August smart lock update lets Apple Watch users unlock their front door

August 4th, 2015

Smart lock maker August has updated its iOS app to allow people to unlock their front doors using an Apple Watch. The solution will also let users view a log of who has entered and… More

Subway adds PayPal to mobile app

July 30th, 2015

Restaurant chain Subway is to add PayPal as a payment option in its mobile order and pay app to allow customers to make in-app and in-store payments in 27,000 US locations. PayPal One Touch will also be enabled, allowing customers to pay without typing in usernames, passwords or payment credentials. Meanwhile, Android Pay has been added as a mobile payment option alongside Apple Pay.

Tech firms do “better job” than banks, say 24% of young Brits

July 29th, 2015

More than a fifth (24%) of Britons aged between 18 and 34 believe companies such as Google, Apple and Amazon would do a “better job” of providing financial products and services than banks, with 8% now choosing their bank depending on the type of mobile service it offers, research from price comparison site uSwitch reveals.

42% of US iPhone 6 owners use Apple Pay in May and June

July 29th, 2015

More than two fifths of iPhone 6 and 6 Plus users reported having used Apple Pay between the end of May and mid-June, with 84% making more than three in-store transactions, the bi-monthly Apple Pay… More

HSBC and First Direct go live with Apple Pay in UK

July 28th, 2015

HSBC and First Direct customers in the UK can now add their debit and credit cards to Apple Pay, allowing them to use their iPhone, Apple Watch or iPad to pay at more than 250,000 locations. The banks were a notable absence from the list of supporting financial institutions when the mobile payment service launched in the UK earlier this month.

Visa signs up 2,300 financial institutions for Visa Token Service

July 24th, 2015

More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call. The… More

Apple Pay adds 35 US banks

July 23rd, 2015

Apple has added an additional 35 banks and credit unions to the list of US financial institutions that support Apple Pay. “Apple Pay now has over 375 participating issuers nationwide and dozens more plan to support the NFC-based mobile payment service in the future,” MacRumors reports.

Apple Pay to hit 1.5m US locations by year end

July 22nd, 2015

Apple Pay is “on track” to be accepted at more than 1.5m locations across the US by the end of 2015, including at some 700 universities and colleges such as Auburn University, the University of California Irvine, Colorado State University, the University of Kentucky and the University of Oklahoma. “In the US, we’ve seen fantastic support from merchants of all sizes,” Apple CEO Tim Cook said during the company’s third quarter earnings call.

Apple to show ads based on prepaid balance?

July 21st, 2015

Apple could begin sending targeted advertising to users based on the amount of prepaid funds they have available, according to a newly published patent application. “Goods and services are marketed to particular target groups of users sharing a common profile which may be selected to increase the likelihood of the users responding to the advertisements,” the patent says. “The common profile of users may be based on the amount of prepaid credit available to each user.”

One in ten UK consumers experience Apple Pay issues

July 21st, 2015

One in ten UK consumers using Apple Pay experienced issues when using the contactless payment service during its first week, research from social media company Brandwatch reveals. The findings, based on analysis of more than 26,000 tweets, also reveal the most popular use for the mobile payments service so far is paying on Transport for London’s (TfL) transportation network, followed by making purchases at Pret a Manger, Tesco, Waitrose and Boots.

Transport for London warns of Apple Pay risks

July 17th, 2015

Transport for London (TfL) has warned commuters of potential risks when using Apple Pay to pay for journeys on the city’s public transport network, including a flat battery that could result in penalty fares and the possibility of being charged twice if they carry both an iPhone and Apple Watch. The notice comes in the week Apple Pay launched in the UK. Meanwhile, London Evening Standard reports that passengers using contactless bank cards were penalised by almost £8m in eight months “after failing to touch out at ticket barriers”.

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