News stories featuring Apple:
November 17th, 2015
UK banks TSB and Tesco Bank are now supporting Apple Pay. TSB has also extended the contactless cashback incentive it launched in September 2015 to the mobile payments service. TSB customers will earn 5% cashback on their first £100 of combined Apple Pay and contactless spending until December 2016. Lloyds Bank, Halifax and Bank of Scotland added support for Apple Pay in September 2015 along with M&S Bank. Six banks supported the service when it launched in July. Barclays will also support Apple Pay but is yet to announce a launch date.
November 16th, 2015
American Express has confirmed that Apple Pay is set to launch in Canada on November 17, iPhone In Canada reports. “Customer service representatives we spoke with confirmed the date over the phone numerous times,” the publication says. “The date would presumably be when the final release of iOS 9.2 will be out to support Apple Pay.” Apple announced its plans to launch the mobile payments service in Canada in October 2015.
November 12th, 2015
“Nobody wants to become a bank any more and we don’t want to become a bank,” Apple CEO Tim Cook has told the University Philosophical Society at Trinity College, Dublin during a visit this week, Ireland’s Independent newspaper reports. Cook also hinted that Ireland will soon get Apple Pay and said: “Your kids will not know what money is.”
November 12th, 2015
Apple is reportedly holding discussions with US banks about developing a payment service that would let users send money to one another from their phones through Apple Pay. “The talks with banks are continuing and it is unclear if any of the firms have struck an agreement with Apple,” The Wall Street Journal reports. “Key details remain in flux, including technical aspects that would determine how the service would tie into the banking industry’s existing infrastructure.”
November 11th, 2015
Nearly nine in ten (86%) financial institution clients of The Members Group (TMG) plan to make Samsung Pay and Android Pay available to their customers. 75% are live or have a project underway with Apple Pay. “54% surveyed expected Samsung Pay to be more attractive to their cardholders; 40% answered Apple Pay,” TMG says. “From January to October of this year, the number of Apple Pay transactions processed by TMG increased by a factor greater than 10.”
November 9th, 2015
Apple’s decision to launch Apple Pay in Canada with just the support of American Express “had less to do with Apple’s strategy for entering Canada specifically, and more to do with a global push that aims to negotiate by credit-card network rather than bank by bank,” a source has told The Globe and Mail. “Sources familiar with the negotiations say the most pointed standoff was between Apple and credit-card companies,” the newspaper says. “Rather than allowing negotiations with multiple parties to drag on, Apple decided to partner solely with American Express Co, which will help the company stick to its rumoured timeline of a November rollout in Canada.”
November 6th, 2015
One in five US consumers (20%) with an iPhone that supports Apple Pay have tried the mobile payment service while 14% of those with a Samsung Galaxy S5 or S6 have tried Samsung Pay or…
November 5th, 2015
US retailers Kohl’s and Walgreens have become the first to integrate their loyalty programs with Apple Pay, allowing Kohl’s Charge Card and Walgreens’ Balance Reward customers to earn and redeem points using their iPhones. Loyalty was introduced into the mobile payment service in iOS 9, the latest version of Apple’s mobile operating system.
November 5th, 2015
‘Contactless’ has made the shortlist for the 2015 Collins Word of the Year but missed out on the top spot to the word ‘Binge-watch’. “Thanks to a million adverts from TFL telling us we no longer have to top-up and Apple’s iPhone 6 and smartwatch, it’s been the number one word on billboards, bus stops and most importantly, at the Pret-a-Manger till point,” Collins Dictionary explains.
November 4th, 2015
Apple has added another 54 banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “Apple Pay now has over 650 participating issuers nationwide and several more plan to support the NFC-based mobile payment service in the future,” MacRumors reports.
October 28th, 2015
US retail giant Best Buy has opened up about its experience with Apple Pay, its ongoing support for retailer-led consortium MCX’s CurrentC mobile payment service and its view on Chase Pay, the QR code-based service…
October 27th, 2015
Apple Pay is to go live in Australia and Canada this year and in Spain, Singapore and Hong Kong in 2016, Apple CEO Tim Cook has revealed during the iPhone maker’s latest earnings call. American…
October 26th, 2015
More than seventy million US consumers (71.5m) have now made a mobile payment in a store or online, up from 61m in 2014, research by Mercator Advisory Group has found. Overall, 42% of all smartphone owners have made a mobile payment and half of those do so at least once a week.
October 21st, 2015
Apple has added more than 70 banks and credit unions to its list of Apple Pay supporting financial institutions in the US, taking the total number to more than 600. “Adding new partners in groups ranging from a dozen to nearly a hundred certainly helps Apple’s claim that its mobile payment service is continuing to see double-digit growth each month,” 9to5mac reports.
October 14th, 2015
Apple has added 29 more banks and credit unions to its list of Apple Pay supporting financial institutions in the US. “Perhaps the most significant inclusion being Scottrade, the nationwide trading and investments firm,” AppleInsider reports. “Some other notable additions include the Los Angeles Police Federal Credit Union, the multi-state Arvest Bank, and the Austin-area Velocity Credit Union.”
October 8th, 2015
MasterCard has announced a global partnership with mobile payments at the pump provider P97 to enable mobile payments and rewards at gas stations and convenience stores that are equipped with P97’s PetroZone platform. “Powered by…
October 1st, 2015
Apple has developed a concept NFC ring that would allow a wearer to make payments, transfer information to others with a handshake and access secure documents on a shared device with a tap of their…
September 29th, 2015
September 25th, 2015
More than three quarters of Android users (78%) would use a service similar to Apple Pay if it became available to them, a survey conducted by Helixion has found. Overall, half of the 450 respondents…
September 25th, 2015
Mobile POS provider Square will begin shipping its EMV and contactless chip card reader in December 2015. “If you preorder a contactless and chip card reader, Square’s Liability Shift Protection is available to you for free, from the moment you preorder until your reader arrives,” the company says. Square unveiled the NFC mPOS terminals during Apple’s WWDC in June 2015 and offered the first 250,000 free of charge.
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