Apple Pay

Financial Services, Smart Cards, and Video Games in This Week’s Top Stories Roundup

Financial Services, Smart Cards, and Video Games in This Week’s Top Stories Roundup

Payments and financial services are key themes in this week’s roundup of Mobile ID World’s most popular stories. Apple’s mobile payments platform, for example, got reader attention with its ongoing expansion in the wake of Apple’s launch of its own mobile-first credit card: Apple Pay Extends Reach in Europe And a bona fide credit card…

Apple Pay Extends Reach in Europe

Apple Pay Extends Reach in Europe

Apple Pay has now arrived in Bulgaria and Belarus. Apple’s biometrically secured mobile payments platform arrived in the former country via First Investment Bank, or Fibank, earlier this month; in Belarus, meanwhile, the platform has just launched with the support of BPS-Sberbank. As 9to5Mac reports, this is the domestic arm of the major Russian bank…

Facebook Launches Payments Platform

Facebook Launches Payments Platform

Facebook has officially launched Facebook Pay, its own competitor to online payment services like Apple Pay, Google Pay and Venmo. Despite the problems the social media giant is facing with its Libra cryptocurrency — PayPal recently announced they would be leaving the founding group of Libra, leading to the exit of Visa, Mastercard, eBay and…

Apple Acknowledges Interest in Cryptocurrency Market

Apple Acknowledges Interest in Cryptocurrency Market

Apple recently revealed that it is paying close attention to the growing cryptocurrency trend, though it’s not yet clear what role the company would like to play in the evolving market. “We’re watching cryptocurrency,” Apple Pay VP Jennifer Bailey told CNN during a private event. “We think it has interesting long-term potential.” “This would be…

Apple Outlines Expansive Deployments of Mobile Student ID Tech

Apple Outlines Expansive Deployments of Mobile Student ID Tech

In the wake of HID Global’s announcement that its technology would help students at South Carolina’s Clemson University to use virtual student ID cards on their iPhones and Apple Watches, Apple has revealed that it’s working to bring this functionality to many more colleges and universities this autumn. Not only Clemson University, but also Georgetown…

Apple Pay Arrives in Iceland

Apple Pay Arrives in Iceland

The Apple Pay network continues to expand. The tech giant has announced that its biometrically secured mobile wallet platform is now available in Iceland, launching with support from the Icelandic banks Arion Banki and Landsbankinn. More banks are expected to add support for the platform in the not-too-distant future. To use Apple Pay, Arion Banki…

Apple Innovates on the Credit Card Concept with Biometric Security, Daily Cash Back

Apple Innovates on the Credit Card Concept with Biometric Security, Daily Cash Back

“A titanium physical card will also be available for shopping in stores, but the card won’t feature a card number, CVV, signature, or even an expiry date – all of that information will need to be accessed from the iPhone.” The rumors were true: Among its other announcements this week, Apple has unveiled a new…

Report Shows Mobile Wallet Usage Rates will Continue to Rise Through 2020

Report Shows Mobile Wallet Usage Rates will Continue to Rise Through 2020

The growth of mobile wallets doesn’t look like it’s likely to slow down anytime soon. That’s according to new research from Germany’s yStats.com, which indicates that the usage rates for Apple Pay, Samsung Pay, and Google Pay will continue to rise through 2020. Apple Pay was the most popular of the three, and is expected…

Apple Pay Now Has 383 Million Users: Loup Ventures

Apple Pay Now Has 383 Million Users: Loup Ventures

Apple’s biometrically secured digital payments platform continues to attract new users, according to a new analysis from Loup Ventures. The venture capital firm had estimated in August of last year that Apple Pay had attained 31 percent of active iPhone users; now, after assessing data points from Apple’s December 18th earnings call, the firm says…

Mobile Money Accounts Jumped 20% in 2018: GSMA

Mobile Money Accounts Jumped 20% in 2018: GSMA

Money is going mobile in a big way, suggests a new report issued by the GSMA on the occasion of this year’s Mobile World Congress. Among the notable findings in the mobile alliance’s new “State of the Industry Report on Mobile Money” is the news that at the end of 2018, there were over 866…

Mobile Biometric Retail Payments Come to Romania

Mobile Biometric Retail Payments Come to Romania

Romania is getting its first biometric payment system thanks to a new partnership between Wirecard and Oney Bank. The two organizations will collaborate on Well.com, a mobile app that will allow customers to use their fingerprints or a QR code to authorize payments in Auchan Retail stores throughout the country. “Payment methods are continuously improving…

Juniper Research Goes Bearish on mPayments in New Report

Juniper Research Goes Bearish on mPayments in New Report

“The window of opportunity in the US for mobile payment providers like Apple Pay and Google Pay is closing fast,” writes Juniper Research in a new report on the mPayments market. Assessing the results of a survey of over a thousand smartphone users across the US and the UK, Juniper Research finds dismaying trends for…

Target Concedes Support to mPayment Rivals

Target Concedes Support to mPayment Rivals

Apple is not alone in gaining support for its mobile payments platform from Target: The major US retailer has announced that it’s also preparing to enable support for Google Pay and Samsung Pay. Apple announced its support yesterday, marking something of a breakthrough in its efforts to gain support among US merchants. Target was one…

Apple Pay Now Supported by Almost Three-Quarters of Top 100 US Merchants

Apple Pay Now Supported by Almost Three-Quarters of Top 100 US Merchants

More major US retailers have come onboard in supporting Apple Pay, its biometrically secured digital wallet. Apple has announced that support for its mobile payments platform will be in place at all 1,850 Target stores in the country “in the coming weeks,” according to a statement. And Apple Pay support has also been implemented at…

Competition Commission Raids Swiss Banks Over Alleged Collusion Against Apple Pay, Samsung Pay

Competition Commission Raids Swiss Banks Over Alleged Collusion Against Apple Pay, Samsung Pay

Switzerland’s Competition Commission, WEKO (for “Wettbewerbskommission”), has raided the offices of Credit Suisse, UBS, TWINT, and other domestic financial services providers in a probe concerning unfair business practices toward mobile payments platforms including Apple Pay and Samsung Pay. WEKO says it is investigating the possibility that these organizations have organized a boycott of the mobile…

Apple Sees Record Revenues in Latest Quarter, with Services at $10B

Apple Sees Record Revenues in Latest Quarter, with Services at $10B

“There are also signs that Apple is seeing more of a return on its Apple Pay mobile payments service…” Apple’s face-scanning new iPhones are a big hit, if its latest quarterly update offers any indication: Revenues are up 20 percent, year-over-year. The figure itself for those quarterly revenues is a stunner: $62.9 billion. And while…

Student IDs Go Mobile in Apple Wallet

Student IDs Go Mobile in Apple Wallet

Apple is now bringing university student cards into its digital wallet platform, announcing that it has teamed up with multiple schools to enable students to use their iPhone or Apple Watch as a student card. Such functionality is now available for students at Duke University, the University of Alabama, and the University of Oklahoma. According…

Costco Support Points to Growing Legitimacy of Apple Pay

Costco Support Points to Growing Legitimacy of Apple Pay

Costco shoppers can now use Apple Pay to make their purchases across the US. The support applies to all 750 of the bulk retailer’s outlets across the country, and Costco says it’s also planning to enable Apple Pay support at its gas stations. It’s the latest big breakthrough for Apple in terms of getting major…

Apple Pay Has 252 Million Users And Counting: Loup Ventures

Apple Pay Has 252 Million Users And Counting: Loup Ventures

About 31 percent of active iPhone users are also using Apple Pay, Apple’s biometrically secured digital payments platform, according to a new estimate from Loup Ventures. And the firm predicts this number will rise substantially. In a new post on its website, the investment firm says Apple will lead the charge for digital wallets more…

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