Google’s recent acquisition of Softcard’s NFC payments business may hit Samsung Pay’s prospects for widespread US adoption hard, says a respected payments consultant... More
Google is responding to the successful launch of Apple Pay by going on the mobile payments acquisition trail, according to industry rumours — and US carrier-owned NFC venture Softcard, which laid off 60 staff last week, could be a key target... More
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
The new fee is to be applied to “staged” digital and mobile wallets that provide a way for transactions to be charged to a customer’s credit card without any details about the purchase being passed on to the payments network. PayPal and Google Wallet as well as a number of other new market entrants are all expected to be affected but “traditional” NFC wallets will not. More
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