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Apple

News stories featuring Apple:

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

September 11th, 2014

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… More

Discover in talks on Apple Pay support

September 10th, 2014

“We are in discussions with Apple to add Discover cards to Apple Pay in the future,” a representative of the US payment network has revealed on Twitter. Visa, MasterCard and American Express have already signed up to enable mobile payments on Apple’s new NFC devices.

MasterCard launches MDES token platform for mobile payments

September 10th, 2014

MasterCard has announced US availability of a token platform that enables card issuers to store tokenized versions of their customers’ card details on Apple’s new NFC devices as well as NFC phones and tablets from… More

No support for carriers’ NFC SIMs in Apple devices?

September 10th, 2014

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… More

iPhone, NFC and Apple Pay: How should banks react?

September 10th, 2014

PARTNER VIEWS: The launch of Apple Pay “is good news for US iPhone users who want to ‘tap to pay’,” Martin Cox, global head of sales at Bell ID, writes in a blog post. “But what about the majority of smartphone users who are using an Android device? What about those of us outside of the US? The good news, he says, is that “banks finally have clarity” on the preferred technology at the point of sale, and “for Apple’s primary market, the US, it’s also strong endorsement for the ubiquity of EMV.”

Visa launches token service to support Apple Pay and more

September 10th, 2014

Visa Token Service, the payment network’s new platform that enables card account numbers to be replaced with digital tokens that ensure the cardholder’s actual card number is never shared with merchants, is now live and… More

Apple NFC: No support for tags or pairing?

September 10th, 2014

An examination of the preview version of iOS 8 shows that there is currently no support in the operating system for NFC tag reading/writing and pairing, according to tag specialist RapidNFC. More

Apple posts PassKit payments dev guide

September 9th, 2014

Apple has posted a guide to iOS 8.0’s new Apple Pay mobile payment features in its developer library. “The PassKit framework adds support for payment passes and payment requests,” says the company. “Payment passes are added to Passbook by payment networks, such as credit card issuers and banks, and let the user select their account on that payment network to fund payments.”

Transcript: Apple CEO Tim Cook and SVP Eddy Cue introduce Apple Pay mobile payments and NFC

September 9th, 2014

“It’s all about the wallet,” Apple CEO Tim Cook explained during the unveiling of Apple Pay mobile payments and the iPhone 6, iPhone 6 Plus and Apple Watch with NFC on 9 September. “Our vision… More

iPhone 6 to ship with NFC and support for Apple Pay mobile payments

September 9th, 2014

UPDATED The new iPhone 6 and iPhone 6 Plus will include support for NFC, Apple has announced. The NFC functionality will let users make Apple Pay mobile payments in stores. More

Apple to offer rewards to mobile payment users?

September 9th, 2014

Apple is to pilot a merchant partnership program that “may be related to Apple launching a loyalty/rewards program”, Bank Innovation reports, citing “multiple sources with knowledge of the program”. While retailers will be part of the program, the report adds, “it may extend to other types of companies as well” with hotel chain Intercontinental Hotels Group believed to be among those involved in talks with Apple on the plan.

23 Apple patents related to NFC and mobile payments

September 8th, 2014

Apple has been steadily building a portfolio of patents related to NFC and mobile payments over recent years, from as far back as 2009. NFC World+ has reported on these as they have been published and links are provided here to details of 23 patents covering technical innovations and use cases in payments, mobile marketing, coupon delivery, gifting, event ticketing, content sharing, travel and beyond.  More

Apple to use tokenization for mobile payments?

September 8th, 2014

“Apple will be utilizing near field communication (NFC) technology and tokenization technology in the new iPhone 6 and iWatch as a part of its payments initiative,” reports Bank Innovation, citing “sources close to Apple and with knowledge of Apple’s plans for its new smartphone”. Bloomingdale’s may also be a launch partner for the service, the report adds.

Rumoured Apple retail partner list grows

September 8th, 2014

The list of retailers that look set to accept Apple’s new mobile payments service now includes CVS and Walgreens according to Re/Code and Disney, according to 9to5Mac, which adds that Apple is installing additional Gimbal Series 20 Bluetooth beacons in its stores. Also expected to support Apple mobile payments, according to earlier reports, are Nordstrom, Macy’s and McDonalds with the launch date most likely to be 15 September.

Apple to include payments in Passbook?

September 8th, 2014

A series of videos from China purporting to demonstrate the next iPhone show a new Passbook icon on the home screen that includes a new stripe at the top with a card icon, indicating Apple’s new mobile payments service will be integrated with its existing wallet service, MacRumours reports.

Apple cuts deals with card issuers?

September 5th, 2014

Apple will be getting special rates from five US card issuers on mobile payments made by its device users, according to well-connected payments advisor Tom Noyes, and customers will use a combination of Bluetooth Low Energy (BLE), NFC and Touch ID to make payments in stores. “Apple wanted to launch the payment product with BLE (not NFC) but existing payment networks didn’t want to cause merchant chaos in fragmentation of acceptance infrastructure,” he says.

NYT “confirms” Apple NFC payment plans

September 5th, 2014

A report in The New York Times, which cites several people “with knowledge of the products” including two Apple employees — the first time the company has been mentioned as a source on the new products and services — appears to confirm many of the rumours circulating about Apple’s NFC payment plans. Deals with American Express, MasterCard and Visa will mean that “iPhone owners will be able to use their devices as a sort of digital wallet, improving their ability to pay for items at select partner merchants without handing over cash or a credit card,” the report adds.

Apple iWatch to support NFC payments?

September 4th, 2014

Apple plans to include NFC in a new smartwatch that will be unveiled on 9 September, as well as in the next iPhone, the Wall Street Journal reports, “signaling that it sees a role for the device in digital payments.” NFC “is central to Apple’s plans to offer so-called tap-to-pay into its mobile devices, allowing users to pay for goods and services using credit cards stored with iTunes,” the report adds. (Editor’s tip: Download our Disney MyMagic+ report to get a feel for the kind of experience Apple is likely to be planning here.)

Nordstrom to partner Apple on payments?

September 3rd, 2014

Upmarket US retailer Nordstrom is in talks to partner with Apple on its new mobile payments service, Bank Innovation reports. “Apple was looking for a clothing brand with a large physical reach to join its to-be-launched payments platform,” a source told the publication.

Apple iPhone NFC payments rumours reach fever pitch

September 1st, 2014

MasterCard, American Express and Visa have all signed deals with Apple for the launch of a mobile payments service that will make use of an NFC chip built into the next iPhone, due to launch on 9 September, according to reports in a number of publications including the Financial Times, Bloomberg and Re/Code. More

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