All items tagged with "mobile payments"

iPhone 6 with new Passbook icon shown in likely fake leak


Pictures of what is allegedly a working iPhone 6 have surfaced on the Chinese social network Weibo. While tons of parts have leaked up to this point, this is the first time we’ve seen what appears to be the device powered on and running iOS 8.

The 4.7-inch device looks legit, although it’s authenticity cannot obviously be confirmed. On the screen, there’s a new Passbook icon. This hints towards the mobile payments platform Apple is expected to unveil at next week’s event.

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Apple cuts a big break with banks for mobile payments

An 'EasyPay' concept that imagines how Apple could handle mobile payments.

An ‘EasyPay’ concept that imagines how Apple could handle mobile payments.

The five largest banks in the U.S. have reportedly struck a special deal with Apple for its upcoming mobile payment platform.

According to Bank Innovation, Apple has managed to negotiate a lower transaction fee with American Express, JP Morgan Chase, Citigroup, Capital One, and Bank of America. How? By convincing them that Touch ID and location-aware NFC will make its mobile payments more secure.

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Apple adds American Express, Visa, MasterCard as mobile payment partners

Many Android phones have come equipped with NFC for years.

Many Android phones have come equipped with NFC for years.

After years of reports saying that NFC is coming to the iPhone for mobile payments, it looks like it will finally be a reality on September 9th.

Part leaks have indicated that Apple’s next-gen iPhone hardware will indeed be equipped with NFC to make transactions for physical goods at brick and mortar stores. Now Apple has struck a partnership with American Express, Visa and MasterCard to support mobile payments in the iPhone 6, according to new reports.

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iPhone 6 will finally make NFC payments a big deal


The iPhone 6 is going to attempt to replace your wallet, according to a report from Wired, claiming Apple’s mobile payment system will debut as a major feature in the iPhone 6, and NFC is a key piece of the puzzle.

Apple’s mobile payments platform will take on Google Wallet, Square, and others this September by adding NFC and a secure element to store all your credit cards info on the iPhone 6, allowing users to make NFC payments with retailers with out having to fumble around with your cash or credit card.

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Apple’s mobile payments solution could arrive in the iPhone 6 this fall

TouchID Screenshot

Apple’s big plan for mobile payments could debut as early as the iPhone 6 this fall, according to a new report from The Information. While the company has been in talks with major players in the payments industry for a while, its efforts haven’t made it into the light of day yet.

The mobile “wallet” would allow the user to pay in the real world using just their iPhone, and Apple already has the security feature in place to make it all work seamlessly.

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What the future of mobile payments could look like on the iPhone


Apple is working on its own mobile payments solution, per multiple reports from places like The Wall Street Journal. Exactly how the company plans to implement such a service remains to be seen.

Tim Cook has made it clear that Touch ID was created with mobile payments in mind, which makes sense when you consider that it’s such a secure form of authentication.

A new concept called EasyPay takes the Apple approach to mobile payments on the iPhone, and it looks great.

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Apple Is Serious About Doing Mobile Payments, But Don’t Expect Anything Soon


We’ve known that Apple has been interested in mobile payments for some time. Now the company is interviewing potential candidates to lead the initiative, according to a new report from Re/code.

Apple’s head of e-commerce, Jennifer Bailey, has reportedly been meeting with executives in the payments industry “to fill head of product and head of business development positions.”

While Apple’s “ambitions” are described as “very, very serious,” it’s likely that any sort of mobile payment system from Apple won’t come out anytime soon.

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Burger King To Let You Buy Whoppers With Your iPhone


Want to be able to order and pay for burgers using your iPhone?

Burger King has announced that it will be releasing a dedicated mobile app, featuring a Passbook-style virtual card that allows users to load on cash and then use this to make payments.

According to an article published by Bloomberg, the Burger King app will also include “coupons for deals, such as $1 any-size drinks and free fries, as well as nutrition facts.” A feature allowing you to place an order for pick-up at a later time will additionally be included.

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Square Announces “Business In A Box” Package For Merchants And The iPad

An iPad, Square, and an internet connection is all you need to run a small business.

An iPad, Square, and an internet connection is all you need to run a small business.

Square, the mobile payment startup that lets you pay for your coffee with an iPhone app, has announced a new product for small business owners. Since Square already specializes in helping merchants use the iPhone and iPad to process payments, the company is launching what it’s calling a “Business in a Box.” The package includes an iPad stand, cash drawer and optional receipt printer. It lets Apple’s tablet totally replace a traditional cash register.

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Will NFC-Based Isis Threaten Apple’s Plans For An iWallet?

Will NFC-Based Isis Threaten Apple’s Plans For An iWallet?

After delays, Isis will launch its NFC-based digital wallet in just two U.S cities.

After months of delays, Isis has announced the debut of its mobile payment system. A joint venture by AT&T, T-Mobile, and Verizon, Isis made news earlier this year at the Mobile World Congress in March, but has been pretty quiet since then. During that quiet period a number of other players in the mobile payment market have stolen the spotlight and announced major deals.

Apple is expected to eventually unveil its own mobile payment system, one that will most likely be based around the iTunes Store payment system, but hasn’t made announcements beyond iOS 6’s Passbook feature. Apple has also kept quiet about whether it will include NFC chips used in some mobile payment systems in the upcoming iPhone 5, which some analysts and pundits consider a barrier to entry into the mobile payment market.

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