“We are in discussions with Apple to add Discover cards to Apple Pay in the future,” a representative of the US payment network has revealed on Twitter... More
- Apple Pay users in the US to get buy now pay later option with iOS 16
- BIS reports on CBDCs in emerging markets
- Moroccan bank launches biometric payment card
- US digital bank introduces contactless payments rings
- Riksbank completes digital currency payments pilot
MasterCard issues European contactless POS mandate
European merchants who accept either MasterCard or Maestro will be required to switch to contactless POS terminals by 1 January 2020, “ensuring that consumers will be able to pay with their contactless cards and NFC enabled devices at all point-of-sale (POS) terminals”, the payment network has announced... 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. Visa has also launched a token platform today. 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
Apple posts PassKit payments dev guide
Apple has posted a guide to iOS 8.0’s new Apple Pay mobile payment features in its developer library... More
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Transcript: Apple CEO Tim Cook and SVP Eddy Cue introduce Apple Pay mobile payments and NFC
“It’s all about the wallet,” Apple CEO Tim Cook explained during the unveiling of Apple Pay mobile payments and the iPhone 6, iPhone 6 Plus and Apple Watch with NFC on 9 September. “Our vision is to replace this and we’re going to start by focusing on payments.” More
Apple to offer rewards to mobile payment users?
Apple is to pilot a merchant partnership program that “may be related to Apple launching a loyalty/rewards program”, Bank Innovation reports, citing “multiple sources with knowledge of the program”... More
Twitter adds Buy button
“Today we are beginning to test a new way for you to discover and buy products on Twitter,” group product manager Tarun Jain has announced in a blog post... More
Apple to use tokenization for mobile payments?
“Apple will be utilizing near field communication (NFC) technology and tokenization technology in the new iPhone 6 and iWatch as a part of its payments initiative,” reports Bank Innovation, citing “sources close to Apple and with knowledge of Apple’s plans for its new smartphone”... More
Rumoured Apple retail partner list grows
The list of retailers that look set to accept Apple’s new mobile payments service now includes CVS and Walgreens according to Re/Code and Disney, according to 9to5Mac, which adds that Apple is installing additional Gimbal Series 20 Bluetooth beacons in its stores... More
Apple to include payments in Passbook?
A series of videos from China purporting to demonstrate the next iPhone show a new Passbook icon on the home screen that includes a new stripe at the top with a card icon, indicating Apple’s new mobile payments service will be integrated with its existing wallet service, MacRumours reports... More
Starbucks to expand mobile payments
Coffee giant Starbucks is to use its digital payments expertise and online presence to introduce a range of new formats and services, the company says, beginning with the introduction of mobile ordering at its first Express outlet in New York in early 2015... More
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Apple cuts deals with card issuers?
Apple will be getting special rates from five US card issuers on mobile payments made by its device users, according to well-connected payments advisor Tom Noyes, and customers will use a combination of Bluetooth Low Energy (BLE), NFC and Touch ID to make payments in stores... More
NYT “confirms” Apple NFC payment plans
A report in The New York Times, which cites several people “with knowledge of the products” including two Apple employees — the first time the company has been mentioned as a source on the new products and services — appears to confirm many of the rumours circulating about Apple’s NFC payment plans... More
Apple iWatch to support NFC payments?
Apple plans to include NFC in a new smartwatch that will be unveiled on 9 September, as well as in the next iPhone, the Wall Street Journal reports, “signaling that it sees a role for the device in digital payments.” NFC “is central to Apple’s plans to offer so-called tap-to-pay into its mobile devices, allowing users to pay for goods and services using credit cards stored with iTunes,” the report adds... More
Retailer-owned payments venture MCX unveils CurrentC brand
Merchant Customer Exchange (MCX), the mobile payments venture co-owned by US retail chains with collective revenues of more than US$1 trillion annually, has announced that its payments, loyalty and offers platform is to be called CurrentC — and provided the first details of how the service will work when it rolls out to 110,000 merchant locations across the US in 2015. More
Desjardins launches NFC payments in Canada
An NFC mobile payments service is now available to customers of Quebec-based financial institution Desjardins Group. The Desjardins Mobile Payment service works with NFC phones provided by Bell Mobility, Rogers and Virgin Mobile with Telus and “other mobile carriers” to be added soon. More
McDonald’s to launch NFC payments in the US this month?
Fast food giant McDonald’s will begin accepting NFC mobile payments in US stores on 15 September, an internal notice sent out to franchisees and seen by 9to5Mac suggests. More
Isis to rebrand as Softcard
US NFC mobile payments venture Isis has chosen Softcard as its new name... More
Macy’s launches digital wallet
Customers of US department store chain Macy’s can now make online payments and save offers that can be redeemed in store with a new digital wallet, WWD reports... More