Five hundred banks sign up for Apple Pay

Apple's Tim Cook

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


NFC World+ breaks all records in September

NFC World+ Knowledge Centre

144,508 unique visitors read NFC World+ in September 2014, up 24% on a year ago, and we served 395,029 pages (up 22%) as business executives and technical experts flocked to the site to learn about Apple Pay, NFC and the future of mobile payments. More








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



No support for carriers’ NFC SIMs in Apple devices?

Softcard

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

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





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