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    Apple

    News stories featuring Apple:

    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

    Apple Pay available in more than 2m US retail locations

    February 5th, 2016

    Apple Pay is now available in more than 2m US retail locations, according to Bloomberg, with the Crate & Barrel, Chick-fil-A and Au Bon Pain chains also due to roll out the service soon. “In addition to pushing past its goal to make Apple Pay available in 1.5m retail locations by the end of 2015, the company said the feature’s in-app purchase volume more than doubled in the last six months of the year compared with the first half,” Bloomberg reports.

    Apple begins selling Square contactless reader

    February 4th, 2016

    Apple has begun selling mobile POS provider Square’s US$49 contactless readers in its US stores as well as online. Square unveiled the NFC mPOS terminals during Apple’s WWDC in June 2015 and offered the first 250,000 free of charge. It began shipping devices in December.

    MobileNow! enables parking payments from Apple Watch

    February 4th, 2016

    Apple Watch users can now pay for parking across the US directly from their wrist with a “few simple taps” using the MobileNow! app. The service can also be used to extend parking sessions. More

    Global mobile payment market to hit $620bn in 2016

    February 4th, 2016

    Consumers across the globe will use their mobile phones to spend a total of US$620bn on all forms of mobile transaction this year, representing a 37.8% year-on-year growth from $450bn in 2015, research from TrendForce reveals. By 2017, total mobile payment revenue will reach $780bn, climbing to $930bn in 2018 and $1.08tn in 2019. More

    Facebook may soon support Apple Pay

    January 28th, 2016

    Facebook is open to partnering with Apple Pay and other payment services in order to enable payments on its social media network, Facebook CEO Mark Zuckerberg has revealed. “We’ll partner with everyone who does payment,”  he explained during the company’s fourth quarter earnings call. “We look at the stuff that Apple is doing with Apple Pay for example as a really neat innovation in the space that takes a lot of friction out of transactions.”

    Cook reports strong growth in Apple Pay usage

    January 27th, 2016

    Apple Pay saw a “significant acceleration in usage” in the second half of 2015, Apple CEO Tim Cook reported during the company’s first quarter earnings call, with a growth rate 10 times higher than in the first half of the year. Cook also revealed that Apple Pay will soon be accepted at “thousands” of ExxonMobil gas stations across the US via the company’s Speedpass+ app. “There are now over 5m contactless payment ready locations in the countries where Apple Pay is live today,” he added.

    Barclays to support Apple Pay within “60 to 75 days”

    January 26th, 2016

    Barclays will add support for Apple Pay “within the next 60 to 75 days”, the bank’s Ashok Vaswani has revealed in an email to a customer. Barclays was a notable absence from the list of participating banks when Apple announced in June 2015 it would expand the mobile payment service to the UK but confirmed to NFC World the following month that it would support Apple Pay “in the future”.

    Apple Pay adds 51 US banks

    January 25th, 2016

    Apple has added another 51 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “Apple Pay now has over 950 participating issuers nationwide,” MacRumors reports.

    Apple Pay leads US mobile payments market

    January 25th, 2016

    Apple Pay is “overwhelmingly the share leader” in point-of-sale mobile payments across the US despite uptake remaining relatively low, the latest statistics from Piper Jaffray’s Apple Pay adoption tracker show. “Analyst Gene Munster expects numbers to rise in 2016 as Apple integrates attractive new features like P2P payments and in-browser integration,” AppleInsider reports.

    Nebraska’s Union Bank & Trust to launch HCE mobile payments

    January 19th, 2016

    Customers of Union Bank & Trust (UBT) in Nebraska, USA will soon be able to make host card emulation (HCE) based mobile payments via a mobile app that uses a solution from digital payments provider Prairie… More

    Canada’s BMO to support Apple Pay?

    January 12th, 2016

    Canadian bank BMO is “actively evaluating Apple Pay as a mobile payment option” for its customers, an email seen by iPhone In Canada reveals. “Back in October, sources claimed BMO was planning to launch Apple Pay but that front has remained quiet since then,” the publication reports. Apple Pay launched in Canada with support from American Express in November 2015.

    Nine in ten US Apple Pay users have made an in-store mobile payment

    January 12th, 2016

    More than nine in ten users of Apple Pay in the US (91%) have now made an in-store payment using a credit card stored on their mobile device and two thirds (67%) have made an… More

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