mobile payment

Apple Pay’s peer-to-peer feature might use iMessage

Apple Pay’s peer-to-peer feature might use iMessage

Need to send money to a friend to pay for that small debt? Just send him an iMessage and it's done! That could very well be the scenario of the future if the rumors about Apple's venture for Apple Pay are indeed true. It has already been said that the company is looking into a peer-to-peer (P2P) payment system ala PayPal and Venmo but now it seems it might veer only so slightly away from Apple Pay app itself. Instead, Cupertino might opt to use iMessage as the vehicle for sending money directly to others.

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Pagaré smartstrap gives Pebble Time wireless payment powers

Pagaré smartstrap gives Pebble Time wireless payment powers

Last March, Pebble revealed its smartstrap idea and platform that would allow developers and accessory makers to add functionality to the Pebble smartwatches indirectly through smartstraps. While the idea definitely has benefits, few have jumped on the opportunity to take Pebble beyond to new heights. That long wait might be over, at least to some extent. Fit Pay and ConnectedDevice, two companies heavily invested in the wearable market, are announcing Pagaré, a smartstrap that would usher the Pebble Time into the young but fast growing world of contactless payments.

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Apple, AmEx taking Apple Pay to 5 more countries by 2015

Apple, AmEx taking Apple Pay to 5 more countries by 2015

As exciting the technology behind mobile payment systems may be, their limited availability, mostly to the US and the UK, makes them less interesting for people who live and travel abroad. While the US is mostly the litmus test of such nascent trends, when it comes to money and transactions, you'll need to cover the whole world. Or at least most of it. That is probably one of the reasons why Apple and American Express are expanding their operations to bring Apple Pay to five new countries by next year.

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Chase Pay chases after the mobile payment dream

Chase Pay chases after the mobile payment dream

One of the side effects of making mobile payment more mainstream is that soon there will be too many players in the market than you can count. While there are of course some heavyweights like Apple Pay and Android Pay or even Samsung Pay, there will always be some who want a large share of the pie. Take for example JPMorgan Chase, whose new, somewhat aptly named Chase Pay platform promises that holy grail of mobile payment systems: convenience to customers at now extra cost to merchants.

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MasterCard wants to turn any gadget into a payment device

MasterCard wants to turn any gadget into a payment device

The number of things connecting to the Internet is growing daily. And we're not just talking about the usual culprits like PCs, smartphones, tablets, or even the so-called Internet of things. Even jewelry as well as clothes are turning into connected things as well. Trying to leverage the ubiquity of such technology, MasterCard has launched a new program that aims to turn any such object, whether they be a smartphone or a smart ring, into a device that can be used to wirelessly pay for your purchases.

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Swatch’s new non-smart watch does mobile payments in China

Swatch’s new non-smart watch does mobile payments in China

Traditional watch makers have not been so eager to jump head on into the smartwatch buzz but the advancement of mobile payment might be giving them second thoughts. Swatch, however, while still mulling over a proper smartwatch product, does have a stopgap solution to that. It has just announced a non-smart, some call it dumb, regular watch in China and while it doesn't do all the fancy things smartwatches can do, it does do at least one thing they can: make payments without the need for cash or credit cards.

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Samsung responds to LoopPay hacker breach incident

Samsung responds to LoopPay hacker breach incident

Samsung responds to a report about the hacking of LoopPay, a company acquired by Samsung earlier this year. According to the New York Times, LoopPay's "tech is central to Samsung Pay." According to Samsung, the NYT's assertions are not technically, completely true. According to Samsung’s Chief Privacy Officer Darlene Cedres, "The LoopPay corporate network issue was resolved immediately and had nothing to do with Samsung Pay." Cadres went on to assure Samsung Pay users that the Samsung Pay system was not impacted and that no personal payment information was at risk whatsoever.

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Samsung Pay a huge hit in South Korea, still on schedule for US

Samsung Pay a huge hit in South Korea, still on schedule for US

With Apple Pay and the recently launched Android Pay, the mobile payment market is already getting crowded. Come Monday next week, it will we become even more so when Samsung finally launches its delayed Samsung Pay in the US. But in order to boost confidence it what many might think of as "yet another payment system", Samsung is proudly sharing how its service has been a wild success in South Korea, to the tune of about $30 million in total transactions in just the first month alone.

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Android Pay now available on Google Play Store

Android Pay now available on Google Play Store

Android Pay may have launched barely two weeks ago but getting into Google's brand new mobile payment system hasn't exactly been straightforward, which practically required downloading the old version of the Google Wallet app, which is of course different from the new version of the Google Wallet app. Now part of that confusion is being dispelled, with a standalone Android Pay app now available directly from Google Play Store, allowing Android users in the US with compatible smartphones to join the mobile payment revolution. Or trickle, if that is your take on it.

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New Google Wallet app appears to make room for Android Pay

New Google Wallet app appears to make room for Android Pay

Android Pay is still disappointingly a no show, but Google is slowly laying down the pieces for its inevitable launch. The latest and perhaps most acknowledge piece is the arrival of a new Google Wallet app. No, this isn't an update to the existing Google Wallet app but a completely new install. This rather strange, and maybe inconvenient, arrangement is being explained in a rather simple way: the old Google Wallet will be updated into thew Android Pay app once the latter finally launches to the public.

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MCX Mobile payments rolling out to Walmart and other locations in Ohio

MCX Mobile payments rolling out to Walmart and other locations in Ohio

Mobile payments have been making their way to a bunch of retailers around the world, but some of the biggest companies in the US have yet to adopt mobile payments. Three years ago a group of retailers in the US working under the Merchant Customer Exchange umbrella decided to enter the mobile payments market. That Merchant Customer Exchange (MCX) partnership includes Walmart, Target, and Darden Restaurants.

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