mobile payments

Apple Pay hits 2 million accepted locations worldwide

It may have started off a bit slow, with only a few select retailers offering support, but Apple's mobile payments system Apple Pay has reached acceptance at 2 million worldwide locations. That is a lot of places for users to make payments on the go with their iPhone 6, 6s, and Apple Watch, and it's well beyond the company's own goal of reaching 1.5 million retail outlets before the end of 2015.

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Target tipped in plan to launch mobile payment system

Target is looking into launching its own mobile payment system, according to sources. The company is tipped in the early stages of its effort, and sources indicate the service could launch in early 2016; however, because the project has only just started, it is possible the launch could be later in the year. While sources say the mobile payment system hasn’t been tested in any stores yet, the company has reportedly partnered with some credit card companies.

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Samsung Pay is heading to China in 2016 too

Right on the heels of the announcement that Apple Pay is launching in China in early 2016, Samsung has done the same, revealing that its own mobile payments system will be available in the country at around the same time. Similar to Apple, Samsung Pay has reached a deal with China UnionPay, the nation's bankcard association, allowing its cardholders to user their compatible Samsung smartphone to make NFC-based payments at QuickPass point-of-sale terminals.

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Square launches new NFC reader with Apple Pay support

Square, the mobile payment company behind the iconic little card readers that plug into smartphones and tablets, has just introduced its first NFC reader, taking a step towards contactless payment methods including Apple Pay. The small, white reader is shaped like a (wait for it) square, and the company has made it available first to 100 small businesses across the US, giving them the ability to accept payments from iPhone and Apple Watch users.

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LG makes LG Pay official, will be South Korea-only for now

As was first rumored just over a month ago, LG has made it official that it's jumping on the mobile payments bandwagon. The Korean manufacturer will be going toe-to-toe with Apple Pay, Android Pay, and Samsung Pay with the totally original-named "LG Pay." While it was first tipped to be called "G Pay," due to trademark filings, what the rumors were correct about is that the mobile payment system is being developed for a rollout in South Korea first.

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Apple Pay comes to Canada this week with American Express support

It seems the US's northern neighbors will soon finally be able to make use of mobile payments with their iPhone 6 or Apple Watch. That's right, Apple Pay is expected to launch in Canada on November 17th, as in, this Tuesday, complete with support for American Express cards. This news comes from the blog iPhone in Canada, which adds that the date of launch was confirmed by American Express representatives.

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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

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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Samsung Pay brings mobile payments to Verizon

Roughly two weeks after the US carrier confirmed it, Verizon subscribers are now able to take advantage of Samsung Pay. This means Samsung's mobile payment system is now available on all of the US's major carriers, having already been available on AT&T, T-Mobile, Sprint, and US Cellular since Samsung Pay first launched in September. Users with compatible Galaxy devices should now be able to download the Samsung Pay app from the Google Play store.

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