mobile payments

Apple Pay arrives to kill your wallet

Apple Pay arrives to kill your wallet

Apple is out to kill the wallet, and Apple Pay is the way it plans to do it. "Our vision is to replace this [traditional system]," CEO Tim Cook said, "and we're going to start by focusing on payment." The system turns the iPhone 6 and iPhone 6 Plus into a mobile payments terminal, using Touch ID for authentication.

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Apple may be working on rewards system for mobile payments

Apple may be working on rewards system for mobile payments

Here’s something different: it seems Apple is working on a real motivating factor to have merchants sign on for their mobile payment platform. It’s believed Apple is working on a rewards program for users who use their payment processing system, which could utilize NFC.

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Is this a working iPhone 6?

Is this a working iPhone 6?

Apple's big iPhone 6 event is almost upon us, but a new leak could've spoiled what surprise is remaining, seemingly showing not only a functional handset but perhaps confirming mobile payments support too. The phone, shared in photos by Weibo user zzray with cnBeta, is compared with an iPhone 5s to show the increased screen size, while a new Passbook icon apparently gives the nod to Apple's plans for cashless payments.

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You may use iPhone 6 to pay in CVS and Walgreens

You may use iPhone 6 to pay in CVS and Walgreens

Apple has reportedly convinced Walgreens and CVS to join its rumored mobile payment system, with the two huge pharmacy chains the latest participants in what's expected to be announced next week. Earlier this month, Apple was said to have brought key payments providers MasterCard, Visa, and American Express onboard, as it readies the new iPhone 6.

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Isis Wallet rebrands to Softcard, just in time for iPhone 6

Isis Wallet rebrands to Softcard, just in time for iPhone 6

Once the acronym ISIS appeared in world news, it was inevitable that the innocent Isis Wallet system would have to change its name. Though it seems it has taken its sweet time to do so, with its original announcement still back in July, it has now announced its new moniker "Softcard", coming just in time before Apple announces its iPhone 6.

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Apple tipped to unveil iPhone Wallet next week

Apple tipped to unveil iPhone Wallet next week

Whenever Apple announces a new iPhone, it announces an entire ecosystem to go along with it. According to a source who shall not be named, part of that new ecosystem will be the iPhone Wallet, a mobile payment system that will try to venture in a retail world where others have gone to little or no success.

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Coin digital credit card now ready, comes with big catch

Coin digital credit card now ready, comes with big catch

Remember Coin, the one card to rule them all? They’re nearly ready to ship their digital credit card, and are expanding their beta testing base just a bit. Sounds great, we know, but there are some catches involved — one of which might dissuade backers from using Coin long-term.

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Report: eBay wants to spin PayPal into standalone business

Report: eBay wants to spin PayPal into standalone business

PayPal is a strong player in the world of mobile payment solutions, and leans heavily on eBay for leverage in that realm. That’s because eBay owns PayPal, and uses them as an in-house payment processor. A new report suggests that the online marketplace may be looking to spin PayPal off as its own unit, likely making it more nimble in the process.

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Look out Square, Amazon Local Register is gunning for you

Look out Square, Amazon Local Register is gunning for you

Amazon has launched its Local Register card reader for retailers, taking on Square in the mobile payments space with what the online behemoth claims are segment-besting rates. Amazon's dinky dongle plugs into the headphone jack of an iPhone, iPad, or Android tablet - including, unsurprisingly, the company's own Kindle Fire HD and HDX - and accepts swiped credit and debit cards, though you'll have to pay upfront for the reader itself.

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Square picks up food delivery company Caviar

Square picks up food delivery company Caviar

If you frequent smaller diners or coffee shops, chances are you’ve seen Square in use as the point of sale system. The peer-to-peer transaction hub is the simplest way for many businesses to offer up credit transactions, but the company has been diversifying of late. The newest addition to Square brings your foodstuff to you, instead of you hitting the streets.

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IFTTT Square channel now live, ready to track your payments

IFTTT Square channel now live, ready to track your payments

Those who enjoy automating their digital life probably know all about IFTTT. If you’re uninitiated, the service — which stands for ‘If This Then That’ — takes one action and uses it to automatically do another. To that end, Square now has their own IFTTT channel, making record keeping that much easier.

 

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iPhone 6 may have “secure element” for mobile payments

iPhone 6 may have “secure element” for mobile payments

One of the biggest drawbacks of the iPhone is the inability to pay for things via mobile. There’s no NFC capabilities in iOS, and it’s not clear if that’s on the way or not (though some believe it is). A new report suggests Apple is working with various credit card companies to hammer out a mobile payment option for future devices, and it could be the most secure method available.

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