12/01/2015, 10:12 am
If Apple does indeed get into rumored person-to-person money transfers via Apple Pay, the company stands to lose money on each transaction in the short term, accepting the losses as a way to further drive adoption of its mobile payment service, analysts believe.
12/16/2014, 09:12 am
In a bid to catch up with Apple Pay, Samsung is said to have turned to a startup company, LoopPay, in hopes of debuting its own mobile payments service with wide compatibility in 2015.
09/11/2014, 06:09 pm
Apple's eighth iPhone event introduced two new larger-screened, larger-capacity new phones, iPhone 6 and 6 Plus, along with a continuation two of the world's top selling models, iPhone 5c and 5s, now at a reduced price.
Apple's 'iWallet' payments seen as unlikely to earn much money, but will lock in users to iPhone ecosystem
09/05/2014, 08:09 am
In looking at the potential options for Apple in launching a mobile payment platform, one analyst believes the company is most likely to start small and safe with a "proxy" approach -- a strategy that wouldn't make Apple much money, but would help lock users into the company's iPhone ecosystem.
09/04/2014, 12:09 pm
Yet another publication chimed in on Thursday to say that Apple's next iPhone and its anticipated wearable "iWatch" will support near-field communications technology to enable wireless payments, while the "iWatch" is also said to sport a curved OLED display.
08/31/2014, 10:08 pm
Hot on the heels of a report that Apple has inked a deal with American Express, a second report has stated that the company has also signed deals with Visa and MasterCard.
08/31/2014, 12:08 pm
Credit card giant American Express is apparently onboard with Apple's forthcoming mobile payment system, expected to be a part of the company's next-generation iPhone set to be unveiled at a Sept. 9 media event.
08/13/2014, 09:08 am
Online retail giant Amazon on Wednesday unveiled Local Register, a new mobile credit card reader and companion app-based payment processing system that allows users to accept plastic payments on their iPhone or iPad.
07/23/2014, 05:07 pm
A report on Wednesday claims Apple is accelerating work on a mobile payments system, or digital wallet, that could be ready by this fall, allowing customers to pay for physical goods with their iPhone instead of a credit card or cash.
07/02/2014, 11:07 am
If Apple is able to drive adoption of its rumored iTunes-backed mobile payment system among wealthy consumers at the same pace as similar systems in the developing world, it could be one of the company's most important -- and profitable -- strategic moves.
04/21/2014, 03:04 pm
iPhone owners may soon be able to use their device to purchase goods and services at brick-and-mortar businesses as Apple has reportedly begun interviewing senior-level candidates to build an iTunes-backed mobile payments business.