Apple Pay will expand its reach to new retailers in the U.S. and a new market in Europe this year.
Apple has confirmed that its popular mobile payments service will soon be supported by CVS and 7-11, while Mac and iOS users will be able to use it in Germany this fall.
Have companies not yet worked out that trying to go against Apple rarely seems to work out? If not, they may be learning quickly — with Apple Pay rival CurrentC reportedly delaying its arrival yet again, while laying off 30 of its staff.
Hardly a ringing endorsement, is it?
Tim Cook has claimed that 2015 is going to be the year of Apple Pay, but it might not even face serious competition until 2016.
CurrentC, the payments app in development by the consortium of retailers called MCX, might not launch as soon as the company had hoped, the company’s CEO revealed in a recent interview.
Once again, Apple has shown its desire to be your go-to for everything you do in your life.
During its Worldwide Developers Conference keynote this morning, the iPhone maker talked up software updates, services and new functionalities aimed at making several of its competitors’ offerings redundant.
Here are the things Apple’s trying to take out with new stuff at WWDC 2015.
How big of a success is Apple Pay? Just three weeks after its launch, Apple’s mobile payment system is already a player at Whole Foods, where it represents almost 1 percent of all transactions.
This week: more rumored details of a 12-inch iPad Pro; 755 new emojis are coming soon to your iDevices; with Christian Bale out, we make our list of the actors that should definitely NOT replace him in the Sorkin-penned Jobs movie; and finally… nude or not? Do you keep your iDevices bare or covered up in a case? We ponder the pros and cons and ask the question: why are so many iPhone and iPad cases horrid pieces of garbage? We’ll share some of our faves, too.
Chuckle your way through each week’s best Apple stories! Stream or download new and past episodes of The CultCast now on your Mac or iDevice by subscribing on iTunes, or hit play below and let the chuckles begin.
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MXC has been in full damage control mode ever since its partners began blocking Apple Pay at stores, and while the consortium behind CurrentC claims there aren’t any fees for supporting Apple Pay, its partners should think twice before defecting.
In an interview with The Verge, MXC CEO Dekkers Davidson revealed what happens to stores that ignore the Apple Pay ban, stating merchants have to ultimately make the best decision for their businesses, but there are consequences for breaking ranks.
The seemingly never-ending saga of Apple vs. CurrentC may come to an end sooner than expected. When CVS and Rite Aid turned off NFC support to block Apple Pay, it became clear that were backing CurrentC, a rival mobile wallet service coming in 2015.
Despite repeatedly denying any sort of enforced Apple Pay ban, MCX, the consortium behind CurrentC, is holding its merchant partners to an exclusivity agreement. The good news is that the agreement is set to expire in less than a year.
This week: the war on Apple Pay has begun. We’ll tell you why some of the biggest retailers are moving to block it, and all about the ridiculously dumb app they want you to use instead. Plus, our 72-hour review of the iPad Air 2; the FTC sues AT&T for throttling your data; Christian Bale is your next Steve Jobs; and we pitch our favorite tech and apps then vote on which is best—it’s an all-new Faves ’N Raves.
Snicker your way through each week’s best Apple stories! Stream or download new and past episodes of The CultCast now on your Mac or iDevice by subscribing on iTunes, or hit play below and let the chuckles begin.
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The launch of Apple Pay was met with resistance by retailers hoping to kill the new payments solution, but after just one week of waging a war on Apple Pay, MCX is already starting to see its death grip on CurrentC supporters begin to weaken.
Meijer, a popular supermarket chain in the Midwest, says it has no plans to stop accepting Apple Pay at its 213 stores, even though its a member of the MCX consortium backed by Walmart, Target, BestBuy, Gap, and over 50 other stores that want to replace your wallet the unlaunched CurrentC service.
In an interview with Michigan Live, Meijer spokesman Frank Gugielmi confirmed that the company supports both Apple Pay and other solutions, despite reports that MCX members receive steep fines for accepting anything other than CurrentC.
Apple Pay’s biggest competitor backed by major retailers has been hacked before it even launched.
Retailers like Walmart, BestBuy, Gap, and CVS are waging a war against Apple Pay with their own mobile wallet solution, CurrentC, but the pending doom of their QR-code solution is looking even more obvious now, as the company just alerted customers that they’ve been hacked.
Customers who signed up to use CurrentC were notified today via email that hackers have “obtained the email addresses of some of you.”
Email addresses were the only information the hackers stole (because CurrentC isn’t even out yet), but we doubt this is going to make shoppers eager to share their social security number and bank account info with MCX’s partners, once the app launches next year.
Here’s the email:
Apple’s mission to replace your wallet with Apple Pay began just last week with support from more than 200,000 stores in the United States, but some merchants have already launched a war against the new payment platform.
Over the weekend, CVS and Rite Aid stores blocked Apple Pay access at their registers, marking the first counterattack in what will likely be a fierce battle to own your digital wallet. Apple Pay’s growth is unprecedented, but the anti-Apple Pay group is backed by a superhero-size team of retail megastores conspiring to make debit and credit card fees extinct. They’ll stop at nothing to see it happen, even it means hurting Apple (or themselves) in the process.
Here’s everything you need to know about the war on Apple Pay and why it’s doomed to fail.
Critics are fond of saying Apple doesn’t innovate any more. But Apple’s new electronic payment system, Apple Pay, is innovation of the highest order. After a relatively smooth rollout this week, I honestly believe Apple Pay is the future of payments.
Even so, Apple Pay must clear some big hurdles if it’s to become the universal standard. For now, it’s limited to Apple’s latest iPhones and a relatively small number of retail partners, but the basic system — using your fingerprint to validate a purchase on your mobile phone — is the way we will pay for goods and services in the future.
Once again, Apple has shown the world how things should be done.
