With Apple Inc.’s Apple Pay mobile-payments platform launching Monday, many in the payments business are focused on the contactless technology’s potential to change in-store payments behavior. But Apple Pay works within apps, as well, opening up an even wider variety of markets for Apple, including sit-down restaurants. Harbortouch, an Allentown, …
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Cover Story: Can Apple Save Mobile Wallets?
Though the Apple Pay service has drawbacks, Apple’s legendary marketing chops will probably, at long last, let wallets cash in. What hath Apple wrought? At a hugely hyped event Sept. 9 near its headquarters in Cupertino, Calif., Apple Inc. unveiled the next iteration of its iconic iPhone—the iPhone 6 and …
Read More »Rumors Cast Apple’s Prospective Role as a Payments Provider as a Done Deal
In case you spent the entire Labor Day long weekend in a fishing boat on a remote lake, you could barely miss the stories moving over the business wires in recent days about Apple Inc. and electronic payments. In sum, the iconic computer maker and iTunes and App Store provider …
Read More »Don’t Expect Apple To Radically Remake Electronic Payments, Researcher Says
Apple Inc. is expected to release its iPhone 6 next month and, not surprisingly, speculation about the coming smart phone’s features is intense. But a new report from IDC Financial Insights cautions that Apple is not out to reshape the mobile-payments industry. Many of the rumors in payments circles center …
Read More »Apple Bans Another Bitcoin Wallet, Stirring Protests But Perhaps Boosting Its Own Wallet
Apple Inc. removed from its vast mobile-applications market called the App Store the Blockchain mobile wallet for accessing the Bitcoin virtual currency, an action Blockchain claims will leave no native Bitcoin options for users of Apple’s iOS mobile devices such as the iPhone and iPad. Apple’s move quickly stirred protests …
Read More »Another Google Wallet Breakthrough: an App for Apple’s Popular iPhone
By Jim Daly In its second major Google Wallet announcement of the week, search-engine giant Google Inc. today said it is bringing the digital wallet for the first time to Apple Inc.’s iPhone, a move that opens the wallet to tens of millions of potential new users. And like Tuesday’s …
Read More »Will Apple Press Forward Or Take a Pass on Passbook Payments?
n Passbook? The topic of Apple Inc.’s loyalty application didn’t come up Wednesday afternoon when the leading Silicon Valley tech company’s top brass discussed their latest quarterly results, which stock analysts found disappointing. But some smart-phone industry observers see evidence that Apple is laying the groundwork for a full-fledged mobile-payments …
Read More »Speculation Ends As Apple Unveils a Digital Wallet That Works with QR Codes
Ending months of speculation about is intentions in mobile payments and promotions, computer icon Apple Inc. on Monday entered the increasingly crowded market for digital wallets with an application it calls Passbook. At the same time, the company announced it now has card credentials for some 400 million users on …
Read More »Eye on M-Commerce: Google Talks to eBay; Apple Hires NFC Expert
In a move that could generate significant incremental sales on its Android Market, Google Inc. is reportedly in talks with eBay Inc. about using PayPal as a payment method for applications that run on its hugely popular Android operating system for smart phones. But the talks aren’t likely to open …
Read More »Apple Store Deal Gives High Profile to VeriFone’s PAYware Mobile
In its effort to become a major supplier for merchants seeking to use their iPhones from Apple Inc. as payment card-accepting terminals, VeriFone Holdings Inc. already has announced a major marketing initiative for its PAYware Mobile system that includes a software application on Apple Inc.'s iTunes App Store and a …
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