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


What's New in Payments

Apple Pay to add loyalty?

“Close financial partners and job postings on Apple’s career page hint that the company is interested in more closely integrating Apple Pay into loyalty programs that reward customers for using the mobile wallet,” Quartz reports... More