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    News stories featuring Apple:

    MasterCard offers Apple Pay users free travel in London

    February 29th, 2016

    MasterCard cardholders using Apple Pay can travel for free around London for the next three consecutive Mondays. “All passengers on London’s transport network touching in and out this way will benefit from a refund of up to £28.10 per promotional day,” the payment network says. Fare Free Mondays using Apple Pay were first introduced by MasterCard in November 2015.

    Android Pay to make UK debut in March?

    February 29th, 2016

    Android Pay will launch in the UK in March, according to The Telegraph. “Google will announce that Android Pay will be available in Britain from the end of next month,” the publication reports. Apple Pay has been live in the UK since July 2015 while Samsung Pay is expected to make its UK debut later this year.

    Apple Pay to launch in France this year?

    February 29th, 2016

    A “small handful” of major French banks are now poised to sign deals to bring Apple Pay to France “by the end of the year”, Les Echos reports, following months of negotiations over the share of transaction fees Apple should receive from card issuers. The recent deal between Apple and China UnionPay “is auspicious because it shows that Apple may make concessions,” one observer told the French newspaper.

    Trust in Apple as a mobile wallet brand increases in the UK

    February 25th, 2016

    Trust in Apple as a mobile wallet provider has increased to 25% among UK consumers, nearing the 27% trust shown for MasterCard, market researcher Marketing Sciences reveals. “Apple has improved from a figure of 18% back in summer 2014 to be trusted by fully 25% today,” the company’s Richard Snoxell writes in a blog post. PayPal has the highest trust rating with 40%, followed by banks (36%) and Visa (33%). Trust in Google stands at 17%.

    Nearly 1bn to use NFC payments by 2019

    February 25th, 2016

    A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More

    Chinese banks face lower fees to support Apple Pay

    February 22nd, 2016

    Banks supporting Apple Pay in China will pay approximately half the amount in fees that US banks are paying to support the service — and may have negotiated a lengthy initial holiday period, according to Caixin. “Chinese banks have agreed to pay around 0.07% of each transaction to Apple,” the publication reports. “Apple Pay reportedly collects 0.15% of each purchase from banks in the US. Apple will start collecting the fees in two years.” Apple Pay launched in China last week.

    30m users sign up for Apple Pay in China

    February 19th, 2016

    More than 30m Chinese consumers signed up to Apple Pay during its first day of launch in the country, China’s People’s Daily reports. Consumers reported experiencing difficulties when registering their payment cards to the mobile payment service but Apple has since told 9to5mac that the issues were due to a planned gradual rollout of the service throughout the day.

    Apple releases update to fix Error 53

    February 19th, 2016

    Apple has released an update to iOS 9 that will restore devices left disabled by Error 53. “For anyone who experienced Error 53, Apple has released an update to iOS 9.2.1 to allow you to successfully restore your device using iTunes on your Mac or PC,” Apple says. “If Touch ID on your device didn’t work before you saw Error 53, the feature still won’t work after you restore your device.”

    40 more US banks sign up for Apple Pay

    February 18th, 2016

    More than 40 US banks and credit unions have joined the list of Apple Pay supporting financial institutions in the US. The number now totals over 1,000, 9to5mac reports.

    CIBC to support Apple Pay in Canada?

    February 18th, 2016

    CIBC may soon become one of the first banks in Canada to support Apple Pay, which is currently only available to American Express card holders. “iPhone in Canada reader John from Toronto tried to add his CIBC Visa to Apple Pay and was greeted with [a] terms and conditions message that stated Apple Pay Terms of Service for CIBC Customers,” iPhone in Canada reports.

    Apple Pay launches in China

    February 18th, 2016

    Apple Pay has begun rolling out across China, letting consumers pay in-store with compatible Apple devices using their China UnionPay credit and debit cards at QuickPass-enabled POS terminals as well as make purchases within participating mobile apps. More

    ICBC confirms Apple Pay launch date in China

    February 17th, 2016

    Customers of Industrial and Commercial Bank of China (ICBC) will be able to use Apple Pay from 18 February, the bank has confirmed in a series of tweets reported by Reuters. China Guangfa Bank and China Construction Bank are also expected to offer the service to customers from launch.

    Apple Pay to launch in China on 18 February?

    February 16th, 2016

    Apple Pay could launch in China this week following confirmation from China Guangfa Bank. “The bank’s WeChat account is dispensing information about Apple Pay and the available menu options include a query about when Apple Pay will be available,” Tech In Asia reports. “If you select that option, the account will tell you it’s coming to China on February 18.” French website iGen is also reporting that the service will make its French debut in the first half of this year, “perhaps during the WWDC to be held in June”.

    Apple Pay awareness, adoption and usage drops in the US

    February 12th, 2016

    One fifth of iPhone 6 owners in the US (20%) have used Apple Pay at least once, research from First Annapolis Consulting reveals, down from 22% in spring last year. 15% say they use it regularly — more than once per month — down from 19% in the 2015 survey. More

    Security update fixes Apple Pay flaw

    February 11th, 2016

    Apple has released a security update that fixes more than 100 iOS bugs, including a vulnerability in Apple Pay that allowed third parties to see sensitive information as a payment was made. “The security issue would have allowed hackers to trace the recent transactions that users made through Apple’s mobile payment system,” Tech Times reports. “All the information regarding the transactions could be obtained by hackers through the log feature of the platform. With the update, the functionality has been entirely removed.”

    Apple Pay glitch prevents users adding Visa cards

    February 10th, 2016

    Apple has now resolved a service outage that meant users were unable to add credit cards and debit cards to Apple Pay for almost seven hours today. “The issue only appears to be affecting Visa cards, not American Express, MasterCard or Discover cards,” 9to5mac reported. “Making payments with Apple Pay and Visa cards also appears unaffected as the issue is only with adding new cards to Apple Pay.”

    Apple Pay reaches mobile app inflection point

    February 10th, 2016

    Apple Pay has seen an acceleration in mobile app acceptance across the US, according to Piper Jaffray analyst Gene Munster, who calls it an “inflection point” in a recent investor note reported by Quartz. “While most attention has been paid to which retail stores have started accepting Apple Pay, the iPhone-based payment service has quietly made serious progress in mobile commerce,” the publication says. Apple Pay is also leading POS mobile payments in the US, according to the firm.

    Apple’s Error 53 shuts down handsets with Touch ID repairs

    February 9th, 2016

    iPhone 6 users have been left with broken handsets as a result of Apple’s latest iOS 9 operating system update permanently disabling devices if it detects that Touch ID’s hardware integrity has been compromised —… More

    Apple Pay adds 32 banks in the US

    February 8th, 2016

    Apple has added a further 32 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “Apple Pay now has 1,000 participating issuers nationwide,” MacRumors reports.

    APCA explores security code for digital wallets in Australia

    February 5th, 2016

    Members of the Australian Payments Clearing Association (APCA) are currently exploring the possibility of implementing a voluntary code of practice to regulate digital wallets in the country. The association’s 100 members were due to respond… More

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