Apple Pay

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…

Apple Pay Swoops In as eBay Begins Transition Away from PayPal

Apple Pay Swoops In as eBay Begins Transition Away from PayPal

“…evidently the time has come for eBay to offer its end users more options for paying for their purchases, and that’s good news not only for Apple but for the likes of Samsung and Google, which may very well also seek to get their digital wallet platforms integrated into eBay’s system.” eBay is starting to…

Samsung Drops Payments Platform from Budget Phones

Samsung Drops Payments Platform from Budget Phones

Samsung is no longer including its mobile payments platform in budget-friendly devices. Whereas budget devices like the Samsung Galaxy J5 and J7 launched with Samsung Pay last year, in 2018 only three of 10 Samsung smartphones featured the payments app – the new Galaxy S9 devices, and the A8. According to new reports, the strategy…

Apple in Talks to Bring Payments Platform to Austria

Apple in Talks to Bring Payments Platform to Austria

Apple’s biometrically secured mobile wallet may soon be in the pockets of many Austrians. The company is now in talks with Payment Services Austria (PSA), which is reportedly negotiating on behalf of all of the country’s banks. An Austrian launch would represent Apple Pay’s continuing march across Europe, with the platform having recently gone live…

Biometrics a Key Topic at U.S. Payments Forum Event

Biometrics a Key Topic at U.S. Payments Forum Event

Biometrics and other innovative methods of authentication will be a key topic at the July Member Meeting of the U.S. Payments Forum, a non-profit cross-industry alliance that encompasses the whole payments ecosystem. Organizers have announced the agenda for this year’s event, and it’s going to kick off with a plenary panel entitled, “Next Generation Consumer…

Apple Pay Gets ‘Smooth Entry’ Into Norway

Apple Pay Gets ‘Smooth Entry’ Into Norway

Apple Pay has made it to Norway, launching in the country with the support of Nordea Bank, Santander Bank and Sbanken. The banks are allowing customers to upload their Mastercard, Visa, and debit cards to Apple’s biometrically secured mobile payments platform. Meanwhile, Danish merchant acquirer Clearhaus says it’s extending Apple Pay support across Norway-based online merchants.…

JCB Extends Apple Pay Support Beyond Japan

JCB Extends Apple Pay Support Beyond Japan

“The move comes soon after JCB enabled Google Pay in its home country, reflecting the company’s growing interest in novel payment technologies.” Japanese credit card company JCB is now supporting Apple Pay in Taiwan, the company has announced. JCB’s support in Taiwan comes in partnership with E.SUN Bank and Union Bank of Taiwan, with Taiwan…

Apple Pay Lets Concertgoers Order Drinks from the Dance Floor

Apple Pay Lets Concertgoers Order Drinks from the Dance Floor

Apple may have found a new venue for the promotion of its biometric mobile payment platform: concerts. The company trialed a new order-ahead system at the recent BottleRock music festival near San Francisco, allowing Apple Pay users to order a drink from a concession stand, pay for it, and then just walk up and grab…

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