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
iPhone 6 Plus
Cachet adds prepaid cards to Apple Pay
Prepaid card issuers using Cachet Financial Solutions’ Select Mobile Money white label platform can now offer their customers a way to charge Apple Pay transactions to their prepaid account balance, the company has announced... More
Apple CEO says 2015 will be the “year of Apple Pay”
Apple Pay now accounts for more than two-thirds of Visa, MasterCard and American Express contactless payments by value across the US, Apple CEO Tim Cook has revealed during a first quarter earnings call... More
Galaxy S6 to get new fingerprint sensor?
Samsung could replace the swipe-based fingerprint sensor used on the Galaxy S5 with a touch-based sensor on the Galaxy S6, expected to be introduced in the coming months... More
One in ten US iPhone 6 owners have now used Apple Pay
Apple Pay is yet to gain widespread adoption among iPhone 6 owners due to poor awareness of which stores accept the NFC payments technology and a lack of understanding of how the service works, a survey conducted by InfoScout has found. Those who have used it, however, compare it highly favourably to using a traditional plastic card. More
Venmo adds TouchID
Users of the Venmo mobile payment app can now sign in with Apple’s TouchID feature on the iPhone 5S, 6 and 6 Plus... More
NFC tech included in iPad Mini 3
Apple has included an NFC chip in its new iPad Mini 3, a teardown by iFixit has revealed... More
Apple builds NFC tech into iPad Air 2
A teardown of the iPad Air 2 by iFixit has found that Apple has included an NXP 65V10 NFC module in the new tablet... More
iOS 8.1 brings Apple Pay NFC payments to iPhone
Version 8.1 of iOS is now available for download, and brings with it the US consumer rollout of the Apple Pay mobile payments system... More
Visa details Apple Pay setup process
iPhone 6 and 6 Plus users with Visa cards issued by Bank of America, Capital One, Citi Bank, Chase and Wells Fargo Bank will be able to use Apple Pay in stores from launch on 20 October, Visa says. More
Five hundred banks sign up for Apple Pay
Apple customers in the US will be able to use their iPhone 6 or iPhone 6 Plus to make Apple Pay mobile payments from Monday 20 October, CEO Tim Cook has announced, and 500 banks have now signed up to offer the service to their customers... More
iPhone 6 teardown shows NFC chips from NXP — and AMS
A teardown conducted by iFixit shows that Apple is using NFC chips from both NXP and AMS in the new iPhone 6, which began shipping today. The inclusion of an NXP chip was expected but the AMS chip is a surprise addition. More
Apple joins NFC secure element standards body
Apple has joined GlobalPlatform, the organisation responsible for defining standards for the secure elements used to store sensitive data in NFC phones... More
No Apple Pay for Walmart, Best Buy
Owners of Apple’s new NFC-enabled smartwatch and iPhones will not be able to make Apple Pay mobile payments in either Walmart or Best Buy, the Wall Street Journal reports... More
Apple confirms NFC chip lockdown
Access to the NFC chip in the iPhone 6 and 6 Plus will be available only to Apple Pay, an Apple spokeswoman has told Cult of Mac... More
Transcript: Apple VP Kevin Lynch and CEO Tim Cook show off how Apple Watch can be used beyond payments
As well as using the device to make payments with the new Apple Pay mobile payment service, Apple Watch wearers will be able to use their smartwatch as a boarding pass and to unlock their hotel room doors, Apple’s VP of Technology Kevin Lynch explained during the unveiling of the new device on 9 September... More
How Apple will generate revenues from mobile payments begins to become clear
An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional security to Apple Pay transactions, it is now becoming clear — giving Apple the ability to negotiate special deals with card issuers that will generate new revenues for the Cupertino company... More
MasterCard launches MDES token platform for mobile payments
MasterCard has announced US availability of a token platform that enables card issuers to store tokenized versions of their customers’ card details on Apple’s new NFC devices as well as NFC phones and tablets from a range of other manufacturers... More
No support for carriers’ NFC SIMs in Apple devices?
Softcard, the US carrier-backed NFC venture formerly known as Isis, won’t have access to the NFC support in the new iPhone 6, iPhone 6 Plus and Apple Watch until 2015, a blog post by CEO Michael Abbott suggests — and, even then, it looks as though it won’t be via a conventional NFC-enabled SIM... More
Visa launches token service to support Apple Pay and more
Visa Token Service, the payment network’s new platform that enables card account numbers to be replaced with digital tokens that ensure the cardholder’s actual card number is never shared with merchants, is now live and will be used to enable Visa cardholders to make use of Apple’s new NFC mobile payments service... More