Apple Pay transactions have risen nearly 500% year on year, with more purchases made in September 2016 than during the whole fiscal year in 2015, Apple CEO Tim Cook has revealed during the company’s latest quarterly financial results call... More
Nearly 5% of total US transactions in coffee giant Starbucks locations are now made through the company’s Mobile Order & Pay service, representing close to 20% of all mobile payments in store. More
Apple Pay now accounts for three out of four contactless payments in the US and the estimated number of monthly users is up by more than 450% year-on-year, Apple CEO Tim Cook has revealed. More
Customers at Starbucks stores in China will now be able to pay for their order using their mobile phone and the coffee giant’s QR code-based mobile payment service which has now been launched in 2,200 locations across the country. More
Vodafone Wallet with PayPal NFC-enabled payments is now live in Spain and is expected to be made available across Europe throughout the “back half of 2016”, PayPal CEO Dan Schulman revealed during the company’s Q1 earnings call. More
Apple Pay is now signing up 1m new users per week, Apple CEO Tim Cook revealed during the company’s second quarter earnings call... More
Mobile payments now account for 24% of all transactions across Starbucks’ US locations, the company’s president and COO Kevin Johnson has revealed, with an average of 8m transactions per month taking place through the coffee chain’s Mobile Order & Pay service. More
Bank of America added 910,000 new mobile banking users during the first quarter of 2016, resulting in a total of almost 20m active users, CEO Brian Moynihan revealed during the bank’s Q1 earning results... More
Square has received more than 350,000 pre-orders for its contactless chip reader, CEO Jack Dorsey revealed during the company’s fourth quarter earnings call... More
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... More
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... More
Some 22% of all US transactions in Starbucks during December were made using mobile apps, up from 21% in November 2015, the company’s Kevin Johnson reported during the coffee chain’s first quarter earnings call. “Over one million customers in the US used Mobile Order & Pay capability in the month of December and those customers averaged approximately five mobile orders in the month,” Johnson added... More
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... More
More than 2,300 financial institutions and banking partners have now signed up for Visa’s tokenization service with international expansion set to happen “in the fall”, Visa has revealed during a third quarter earnings call... More
Coffee chain Starbucks is processing nearly nine million mobile payments a week across its US locations, representing 20% of all in-store transactions, CEO Howard Schultz revealed during the company’s third quarter earnings call... More
Apple Pay is “on track” to be accepted at more than 1.5m locations across the US by the end of 2015, including at some 700 universities and colleges such as Auburn University, the University of California Irvine, Colorado State University, the University of Kentucky and the University of Oklahoma... More
Online payments giant PayPal has revealed it is again testing NFC, though the company’s president has made clear that he’d like the company’s platform to be technology agnostic and he doesn’t see the long-term success of NFC as assured... More
Coffee chain Starbucks has 16 million active users of its mobile app who are making eight million mobile payments a week, equalling nearly 19% of all transactions in US stores, president and COO Kevin Johnson has revealed, and the company is preparing to roll out its successful Mobile Order and Pay service across the US, UK and Canada before the end of 2015... More
Chip maker NXP will focus on the “significant” Chinese market for mobile wallets, the firm’s CEO has said, as the company revealed a 40% increase in sales for its emerging ID business in a fourth quarter earnings call... More
MasterCard is to incorporate tokenization technology into its MasterPass digital wallet in the near future, CEO Ajay Banga has told analysts during the payment network’s 2014 year end earnings call... More