Apple Pay is now handling over $6 trillion in transactions a year, according to new research. That means the iPhone’s wireless payment system is now bigger than MasterCard and Alipay.
Since its inception in 2014, analysts report that Apple Pay has slowly grown to the point where a large majority of iPhone users now have it activated.
Apple pledged Monday to donate $10 to the National Park Foundation (NPF) for many Apple Pay purchases. If you buy via Apple Pay on apple.com, in the Apple Store app or at a U.S. Apple Store through August 28, you’re helping national parks.
Cupertino said it’s a way to celebrate 106 years of the U.S. National Park Service. And you can also enjoy special content and collections on Apple Maps, Apple Podcasts and more.
Cupertino sent out a new summer-themed Apple Pay promotion Thursday with special deals on clothing, shoes, accessories and more. You can get up to 70% off items from GOAT and significant discount from a dozen other retailers. That means you can get the crazy-looking Yeezy 450 ‘Sulfur’ sneakers for $157 (regularly $200).
The discounts come from popular stores like Crocs, Ray-Ban, J.Crew, Lands’ End, Gymboree, Matt & Nat, The RealReal and others. Hit the links below.
The iPhone’s wireless payment system is more secure than credit cards, and Apple wants to make sure everyone knows it. That’s why the company created three short video ads to show off the advantages of Apple Pay.
Watch them now to learn more about the contactless payment system built into certain Apple devices.
Apple violates U.S. antitrust law by making sure Apple Pay is the only e-wallet way to tap to pay via an iPhone, iPad or Apple Watch, a new class-action lawsuit filed Monday alleges.
The complaint says Apple profits illegally to the tune of $1 billion a year or more by blocking competitors like Google Pay and Samsung Pay from offering tap-to-pay transactions on Apple devices.
After a mishap, I recently had to go on vacation without a credit card. I was ready with cash but it never mattered – to my surprise, wireless payments and Apple Pay let my iPhone make all the purchases I needed.
It’s clear we’re really not far away from physical credit cards becoming obsolete. That’ll be one less hassle in our lives.
As expected from previous actions and statements, the European Union formally objected Monday to how Apple denies other companies use of the technology that drives Apple Pay.
The European Union reportedly plans to accuse Apple of violating the law by limiting access to the iPhone’s NFC capabilities to the company’s own payment system. The goal is to give rival systems like PayPal access to the iPhone’s convenient tap-to-pay function.
Apple claims the limitation is there to protect users’ financial information. The EU calls it anticompetitive.
As you may have nervously noted, given past lapses (You? Never!), Mother’s Day is fast approaching. It falls on Sunday, May 8. To help you out, Apple sent out a series of Apple Pay promotions Wednesday that’ll save you a few bucks on thoughtful gifts for mom.
Discounts are outlined below. And in case you missed it, Apple also put out a gift guide for the occasion.
Apple is in the process of upgrading Apple Pay fraud prevention features for cards stored in the Wallet app on iPhone and Apple Watch, starting with Visa cards.
Some users have already started noticing a new “Enhanced Fraud Prevention” alert badge.
