mobile payment

Apple Pay contract detailed, shows who’s boss

Apple Pay contract detailed, shows who’s boss

Apple Pay might be more convenient for consumers, but what’s Apple’s angle in the whole scheme? Why do they want to offer us the ability to use their mobile payment service? Aside from the small percentage we already knew Apple was skimming per transaction, we are now getting additional news about Apple’s gain with Pay. The percentage points Apple gets are just the tip of it all, and these details show just how structured the plan is, top to bottom.

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Apple Pay v CurrentC: retailers DO have a choice

Apple Pay v CurrentC: retailers DO have a choice

A lot has been said of the current mobile payment landscape. Since someone came up with the bright idea to let you go around town slapping your phone against point-of-sale terminals to pay for things, the entire concept has been hit and miss. Google Wallet was the closest we’d come to a good solution, but it only gave rise to competition. Apple Pay has come in and turned most of the lights out, but one challenger remains. Now we get a better idea as to why they’re not able to coexist, and how retailers may be willingly backing the wrong horse.

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Ex-Google Wallet chief reveals Poynt payment pad for everything

Ex-Google Wallet chief reveals Poynt payment pad for everything

You might not think that this particular week is the best time to reveal your new payments system, what with the NFC mobile payments saga ongoing in stores, and Apple crowing Apple Pay's success, but that hasn't stopped Poynt from breaking cover. Then again, it does have former Google Wallet chief Osama Bedier behind it, incredibly sleek hardware - and not just compared to other point-of-sale tech - and a list of supported payment standards that could potentially keep stores ticking over for the next decade, all wrapped up in a touchscreen Android tablet with twin displays.

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1m Apple Pay activations in first 72hrs says Tim Cook

1m Apple Pay activations in first 72hrs says Tim Cook

Apple Pay saw one million card activations in the first 72 hours of availability, Apple CEO Tim Cook has revealed, as the company lets slip a few tidbits about the high-profile mobile payments system. MasterCard and Visa are reporting more mobile wallet customers using Apple Pay "than anyone else combined," Cook added, pointing out that the Apple had "only been at it a week."

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Here’s why Rite Aid, CVS don’t accept Apple Pay

Here’s why Rite Aid, CVS don’t accept Apple Pay

This week, and really since inception, Apple Pay has had a lot of attention. The recent chatter surrounds Apple Pay problems, where some retailers are sidestepping the service due to their allegiance elsewhere. The problems are significant, but not insurmountable. Now Apple is responding, and a hashtag (#PayItSafe) has been created to unify fronts. Though Apple Pay isn’t new to mobile payments, they did rally the most of banners in a unified direction. Here’s why their opposition is significant, and might actually be a problem.

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Wells Fargo likes Apple Pay so much, it’ll pay you to try

Wells Fargo likes Apple Pay so much, it’ll pay you to try

Retailers may be in a quiet NFC war with Apple Pay, but banks are - perhaps unsurprisingly - just keen for people to start spending more money. Wells Fargo isn't leaving it to chance that its customers try Apple's mobile payments system, and is instead offering a kick-back for those who not only add a credit or debit card to the system, but make a payment using it. Up for grabs is up to $20 back from the bank, though you'll need to make an NFC payment in-store rather than an app-based payment.

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NY Times invests in Blendle for pay-as-you-go reading

NY Times invests in Blendle for pay-as-you-go reading

There is one thing that may dissuade you from reading an article on a website run by traditional print media websites. If you’ve ever run into a paywall, you know how frustrating it can be. Even though they’re not asking much, sites like The New York Times or Wall Street Journal still want you to pay for their content. A recent $3.8 million investment by The New York Times suggests they aren’t interested in moving away from that pay-to-read model, and might even be expanding on it.

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Apple Pay your train ticket and office ID tips report

Apple Pay your train ticket and office ID tips report

Apple Pay may already be getting into some scraps with retailers wary of the Cupertino behemoth doing for mobile payments what it did with music downloads, but the system's reach could increase exponentially according to new leaks regarding Apple's broader plans. Over the weekend, reports circulated that CVS, Rite Aid, and others were disabling NFC-equipped registers in an attempt to block Apple Pay altogether, but according to a fresh report Apple's goal is to expand the NFC system to cover access security and public transportation.

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Leaked Rite Aid docs say Apple Pay may never come

Leaked Rite Aid docs say Apple Pay may never come

Earlier today, we told you about Rite Aid disallowing Apple Pay from their point of sale terminals. At the time, it seemed to be an NFC issue, wherein Rite Aid was simply not prepared to accept any form of NFC payment (news of Google Wallet not working at Rite Aid bolstered that suspicion). Via leaked documents, we learn that Rite Aid has no technical issue with NFC payments, but Rite Aid’s involvement with a competing platform is to blame for your inability to use Apple Pay at their stores.

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Apple Pay news: Amazon in, Rite Aid out

Apple Pay news: Amazon in, Rite Aid out

All the excitement over Apple Pay doesn’t reach as far as some would have hoped. Previously, we told you about Amazon’s reluctance to allow their Amazon Rewards Visa — issued by Chase, a day-one partner for Apple Pay — into your digital wallet. There is relief on that front, but Apple Pay has lost a retail partner in the mix of it all. Rite Aid is no longer accepting Apple Pay payments, but it seems to be more an NFC issue than one with Apple Pay.

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