Banks back government-led Taiwan Pay QR payments service

Banks offer ministry’s Taiwan Pay services — Taipei Times — “Taiwan Pay aims to provide more convenient, quicker payment services using QR code technology via smartphones, which have become a necessity in daily life,” deputy minister of finance Su Jain-rong told a news conference… The ministry spearheaded the development of Taiwan Pay to help the nation become a regional technology hub and to compete with Apple Pay, Samsung Pay and Android Pay.”


Apple Pay Cash to go live in iOS update ‘this fall’

iOS 11 is available tomorrow — Apple — “Coming this fall with an update to iOS 11 and watchOS 4, Apple Pay users will be able to send and receive money from friends and family quickly, easily and securely. Pay and get paid right in Messages, or tell Siri to pay someone, using the credit and debit cards they have in Wallet. When users get paid, they receive the money in their new Apple Pay Cash card in Apple Wallet and can use the money instantly.”



Apple demos Face ID on iPhone X

Unlocking an iPhone X with Face ID

The new, tenth anniversary iPhone X will not include support for Touch ID and owners will instead use a combination of face recognition and a double click of an enlarged side button to make Apple Pay purchases, the iPhone maker has revealed... More





Singapore to add mobile options to contactless transit payments trial

Parliament: Cashless trial for public transport to be extended to more payment types from next year — The Straits Times — “A trial system that allows commuters to pay their public transport fares using contactless credit or debit cards will be extended to more payment types including Visa and Nets 2.0 from next June (2018). Mobile payment modes — such as Android Pay, Apple Pay and Samsung Pay — will also be available from the first quarter of next year as part of the trial.”


Emerging markets top mobile payments awareness index

Consumer awareness of payment options by country

More than half of consumers around the world (52%) now say they know which types of mobile payment services are available to them today, but the percentage varies widely between individual countries and across different regions and consumers in emerging markets are significantly more aware of their options than those in the developed world... More



Apple accepts WeChat Pay in bid to reverse sales decline

Apple accepts WeChat Pay in bid to reverse sales decline — China Daily — “Apple said it is ‘excited’ to introduce Chinese customers using WeChat Pay to purchase apps or subscribe to Apple Music, and will continue to offer payment options that are simple and convenient…. It previously supported credit card transactions, its indigenous Apple Pay, China’s UnionPay, and Alipay, WeChat Pay’s biggest rival.”


Face ID described as iPhone 8’s ‘crown jewel’, unlocking device in ‘a few hundred milliseconds’

Face ID described as iPhone 8’s ‘crown jewel’, unlocking device in ‘a few hundred milliseconds’ — MacRumours — “The front-facing 3D sensor on Apple’s upcoming iPhone 8 will be the device’s ‘crown jewel’, able to unlock the iPhone 8 in a ‘few hundred milliseconds’ to give users quick access to their smartphone and quickly authenticate Apple Pay purchases.”





Fraud cases across three prefectures involving Apple Pay exploit loophole: Sources

Fraud cases across three prefectures involving Apple Pay exploit loophole: Sources — The Mainichi — “Multiple fraud cases involving stolen credit card information via Apple’s iPhone payment system ‘Apple Pay’ occurred across Osaka, Kyoto and Saitama prefectures in late March this year, investigative sources have revealed… Apple Japan said it had confirmed the Saitama cases, and a source disclosed that after the incidents occurred, Apple reportedly gathered credit card issuing companies together and warned them to exercise caution.”


iPhone 8 facial recognition will likely work with Apple Pay

iPhone 8 facial recognition will likely work with Apple Pay — MacRumours — “We’ve already seen confirmation that Apple is working on facial recognition in the iPhone 8 through a recent HomePod firmware release, and now additional information found in the code confirms Apple has a mechanism for authenticating Touch ID payments with a face scan instead of through a fingerprint.”



AIB celebrates Apple Pay launch with €0.01 ice cream cones

AIB celebrates Apple Pay launch with €0.01 ice cream cones — Irish Mirror — “Apple Pay ice cream trucks will be arriving at a number of locations across the country this weekend to celebrate the arrival of Apple Pay for AIB customers. The trucks will travel through Dublin, Cork and Galway offering €0.01 cent ice cream cones to AIB customers with Apple Pay on an eligible device.”


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