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    Apple

    News stories featuring Apple:

    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

    Apple Pay adds almost 60 more US banks

    January 5th, 2016

    Apple has added 58 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “Apple Pay now has over 900 participating issuers nationwide and several more plan to support the NFC-based mobile payment service in the future,” MacRumors reports.

    Apple to allow P2P transfers through iMessage?

    January 5th, 2016

    A patent filed by Apple suggests that the company may be looking at letting iPhone users send money over iMessage as well as via phone calls, emails and calendar invitations. “The function could work in a number of ways,” Quartz reports. “It explicitly mentions a phone call, text messaging, conversations, an email thread and calendar events, among other uses.” News that Apple was working on a P2P payment service first surfaced in November 2015.

    Samsung Pay to launch in China with China UnionPay

    December 18th, 2015

    Samsung has partnered with China UnionPay to bring its Samsung Pay mobile payments service to China in early 2016. The announcement comes as Apple reveals that it has also partnered with the bank card organisation to bring Apple Pay to Chinese consumers next year. More

    Apple Pay to go live in China in early 2016

    December 18th, 2015

    Apple Pay will launch in China in early 2016 through a partnership with bank card association China UnionPay and with support from 15 of the country’s banks. “Apple Pay will roll out to China UnionPay cardholders… More

    Apple Pay adds 66 US banks

    December 15th, 2015

    Apple has added another 66 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “Apple Pay is now accepted at over 850 participating issuers nationwide and several more plan to support the NFC-based mobile payment service in the future,” MacRumors reports.

    Apple Pay yet to sign up key Australian banks

    December 11th, 2015

    Apple is struggling to persuade Australia’s big banks to sign up for Apple Pay, according to Reuters. “The firm has yet to strike a deal with any of the four main banks — ANZ, National Australia Bank (NAB), Commonwealth Bank and Westpac,” the news agency reports. “That sets it adrift from 80% of consumers using mobile payments systems linked to other credit cards.” Apple Pay launched in Australia in November 2015 with support from American Express.

    Analyst details new iPhone with NFC and Apple Pay

    December 7th, 2015

    A research note by KGI Securities analyst Ming-Chi Kuo predicts that Apple will release a new iPhone equipped with NFC and Apple Pay early next year. “Kuo expects the new 4-inch iPhone to have an A9 chip manufactured by both TSMC and Samsung, 2.5D cover glass with curved edges like on the iPhone 6s, NFC for Apple Pay, metal casing with at least two to three colour options and identical camera specs to the iPhone 5s,” MacRumors reports.

    Apple adds 40 US banks to Apple Pay

    December 3rd, 2015

    Apple has added another 40 banks to its list of Apple Pay supporting financial institutions in the US, bringing the total close to 800. “As has become common in recent months, most of today’s additions are smaller regional institutions, rather than nationwide businesses,” AppleInsider reports.

    Apple Pay transactions decline on Black Friday

    December 3rd, 2015

    Only 2.7% of US shoppers with Apple Pay used the service on Black Friday to make a purchase in a store equipped to accept the mobile payment technology — representing a decrease from 4.9% last year, research from InfoScout reveals. Just 2% of Android owners used their device to make a mobile payment for eligible transactions during the day. More

    JCPenney piloting store cards on Apple Pay

    December 1st, 2015

    Customers of US department store chain JCPenney in Texas are piloting the ability to add their store cards to Apple Pay for in-store use. “Cardholders nationwide will be able to add their JCPenney credit cards to their wallets and pay using Apple Pay in spring 2016,” the company says in a statement spotted by a MacRumors forum member who attempted to add a JCPenney card to the mobile payment service.

    US Bank to donate $50,000 to charity through Apple Pay

    November 27th, 2015

    US Bank is to raise up to US$50,000 for the US Marine Corps’ Toys for Tots charity programme by donating $1 whenever one of its customers in Minnesota completes an Apple Pay transaction. “This holiday season, we’re encouraging customers to try using Apple Pay and at the same time support the Toys for Tots campaign,” says SVP Cliff Cook. “Joining us in promoting this additional donation opportunity with Apple Pay are more than 140 small businesses in the Twin Cities.”

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