Apple Pay has launched in Malaysia with support for Mastercard and Visa cards issued by AmBank, Maybank and Standard Chartered Bank... More
Apple
More than 34m merchants worldwide to accept contactless payments on NFC smartphones by 2027
The number of merchants worldwide using software point of sale (sPOS) solutions to accept contactless payments on an ordinary NFC smartphone or tablet will increase from 6m in 2022 to more than 34.5m by 2027, according to Juniper Research... More
Law firm files class action against Apple on behalf of US payment card issuers over NFC chip access and service fees
US law firm Hagens Berman has filed a class action lawsuit against Apple alleging that, by preventing mobile wallets other than Apple Pay using the NFC chip in iPhone and Apple Watch to enable contactless payments, the company is in breach of federal antitrust law... More
Apple gets patent for ‘biometric button assembly’ to bring Touch ID to Apple Watch
The US Patent and Trademark Office has granted Apple a patent for an “electronic device having sealed button biometric sensing system” that would enable users to unlock a device, authorise transactions and access apps by verifying their identity with their fingerprint on a wearable device such as an Apple Watch... More
US merchants begin accepting in-store contactless payments on Apple iPhones
Merchants in the USA including fashion retailers Vince, Burton, G-Star and Scotch & Soda have begun enabling staff to accept in-store contactless payments on iPhones using Apple’s Tap to Pay software point of sale (sPOS) feature... More
European Parliament passes law that requires Apple to open up its NFC chip
The European Parliament has adopted the Digital Markets Act (DMA) that will obligate Apple, Google and other “gatekeeper” technology companies to allow app developers and third-party service providers access to device functionalities “such as near-field communication technology, secure elements and processors, authentication mechanisms and the software used to operate those technologies”... More
Apple to roll out contactless in-vehicle fuel payments from the dashboard
Apple CarPlay users will soon be able to activate fuel station pumps and make contactless in-car payments directly from their vehicle’s navigation and infotainment screen using third-party fuelling apps... More
Apple Pay users in the US to get buy now pay later option with iOS 16
Apple iPhone users in the US will soon be able to opt to spread payments for purchases made using Apple Pay over a period of six weeks in four equal instalments using a ‘buy now, pay later’ service integrated into Wallet... More
Apple to add NFC car key support for BYD and additional Hyundai vehicles
Apple is to add support for NFC digital car keys for compatible vehicles manufactured by BYD as well as for additional Hyundai models, enabling purchasers to lock, unlock and start their car from their iPhone or Apple Watch, according to media reports... More
Square to let merchants begin testing contactless payment acceptance on iPhone with Apple’s Tap to Pay
Merchants will soon be able to accept contactless payments directly on their iPhone using Apple’s Tap to Pay feature via the Square Point of Sale (POS) app without needing to connect their device to any additional hardware... More
Apple staff test Tap to Pay contactless payment acceptance feature for iPhone
Apple has begun testing its Tap to Pay software point of sale (sPOS) feature that enables merchants to accept contactless payments directly on their iPhone at its Apple Park Visitor Center in Cupertino in the US state of California... More
EU accuses Apple of breaching competition law by restricting NFC chip access
The European Commission has sent an official statement of objections to Apple laying out the reasons why it believes the company has “abused its dominant position in markets for mobile wallets on iOS devices” and is restricting competition by limiting third-party access to its NFC chip technology... More
EU to file antitrust charges against Apple over NFC chip access next week?
The European Commission is expected to file antitrust charges against Apple over the company’s limitation of access to its NFC chip technology and mobile payment system next week, “four people with direct knowledge of the matter” have told the Financial Times... More
Apple to add support for NFC peer-to-peer payments?
Apple has added support for NFC peer-to-peer payments to its iOS 15.5 beta 2 release, enabling users to transfer money between iPhones with a tap, according to a tweet. ... More
PayPal and Alipay top digital wallet leaderboard
PayPal, followed by Alipay, are the top two digital wallet providers, with WeChat Pay, Apple Pay and Google Pay in third, fourth and fifth place, respectively, according to a Juniper Research Competitor Leaderboard report... More
Apple Pay is most popular payments app with Generation Z in US
Apple Pay is the most popular payments app with Generation Z teenagers in the USA, followed by Venmo in second place, Square’s Cash App in third and PayPal fourth, according to a survey published by Piper Sandler investment bank... More
Apple Pay goes live in Moldova
Apple Pay has launched in Moldova with support for Mastercard and Visa cards issued by Maib, Moldindconbank and Victoriabank... More
Apple to enter payment processing market?
Apple has launched a project to develop its own payment processing technology and infrastructure for future financial products and services including buy now, pay later instalment payments for Apple Pay, credit checking and risk assessment, according to media reports... More
Apple files patent application for game controller that connects to iPhones via NFC
Apple has filed a patent application for a “magnetically attachable gaming accessory” that “can provide a physical interface controlling game activities on an electronic device” such as an iPhone or iPad and would use NFC to transmit data to that device... More
New EU law to force Apple to open up its NFC chip?
Negotiators from the European Parliament and the European Council have provisionally agreed the text of a Digital Markets Act (DMA) that will obligate “gatekeeper” technology companies such as Apple and Google to “allow app developers fair access to the supplementary functionalities of smartphones (eg NFC chip)”... More