What's New in Payments

iPad to get Apple Pay support?

A text string in the beta release of iOS 8.1 spotted by a MacRumours reader appears to confirm reports that Apple will add a Touch ID fingerprint sensor to its next iPad, which may ship as soon as next month, and make it possible for owners to use Apple Pay to make online purchases... More



What's New in Payments

WeChat offers payments in stores

Tencent’s instant messaging app WeChat can now be used to make payments in the retail stores of nine Chinese merchants including DQ Ice Queen, NUS Pharmacy, Rainbow, One Plus One, Lotus, Good Neighbours, Baby Room, Minsheng Department Store and NUS 365, according to Iamwire... More


What's New in Payments

US bank tests NFC Wave add-on

“One of the largest financial institutions in North America” is conducting an NFC mobile payments pilot that uses the Wave NFC device developed by On Track Innovations (OTI) in combination with provisioning and mobile wallet technology provided by ABnote... More




What's New in Payments

Subway to accept mobile payments in 26,000 US locations

Softcard and Subway

Subway restaurants across the US are to begin accepting NFC mobile payments on 1 October, using new POS terminals that carry branding from mobile network operator-owned commerce venture Softcard. The terminals will enable the 26,000 Subway outlets in the US to accept a full range of NFC payments services, including Apple Pay, Softcard has told NFC World+. More



What's New in Payments

How Apple will generate revenues from mobile payments begins to become clear

Apple Watch

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