Tim Cook wants to see money die


Tim Cook at Apple iPhone X event
Tim Cook hates cash.
Photo: Apple

The end of money can’t come soon enough for Apple CEO Tim Cook.

During Apple’s annual shareholders meeting today, Cook told investors that mobile payments like Apple Pay haven’t taken off quite as fast as hoped. However, he said he sees promising signs that the death of cash could soon be upon us.

Walmart Pay inches closer to beating out Apple Pay


Walmart launched its mobile payment service one year after Apple.
Photo: Walmart

Walmart Pay, the mobile payment system launched by the retailer in late 2015, may be on the verge of overtaking Apple Pay usage in the United States, a new report claims.

The service is available for both iOS and Android, across 4,774 Walmart stores, and is currently enrolling “tens of thousands of new users” per day. Two-thirds of them utilize the service for a second time within 21 days, Walmart claims — thereby giving it impressive repeat business.

Target hopes for bull’s-eye with its mobile wallet


Apple Pay, Android Pay, Walmart Pay... and now Target Pay?
Photo: Mike Mozart/Flickr CC

Target is reportedly looking to become a player in the mobile wallet game. The fourth largest retailer in the U.S. would be joining a market that’s quickly becoming pretty crowded. The next mobile payment solution on your smartphone very well could be Target Pay, though it can’t be confirmed at this time.

Australia welcomes Android Pay, despite Apple Pay snub


Australia says g'day to Android Pay, still won't put a shrimp on the barbie for Apple Pay.
Photo: Google

Australian banks including Westpac, ANZ and Macquarie have announced that they will soon accept contactless payments made via Android Pay — although would-be Apple Pay customers are still being left out in the cold.

The reason? Banks still aren’t happy with Apple’s terms for its mobile payments solution, and showing that they are willing to accept Android Pay is a way of forcing a better deal with Apple.

Amazon barges into mobile payments ring


A newspaper story that alleges brutal workplace conditions at Amazon has been the talk of the web.
Pay with Amazon buttons have plenty of ammo given the over 200 million Amazon accounts.
Photo: Roberto Baldwin/The Next Web

Amazon will start taking more advantage of the millions of credit cards it has on file with new “Pay with Amazon” buttons. The expansion to Amazon Payments will allow third-party developers to include these buttons in their mobile apps and have users quickly sign in to process payments. Since all their payment information is already with Amazon, checkout processes should be much speedier without having to reenter everything. It looks like Apple Pay and PayPal need to watch out.

Google takes the fight to Apple Pay today


Get ready for Android Pay.
Photo: Google

Android Pay has begun rolling out to users with support at more than 1 million locations throughout the U.S.

The Apple Pay competitor, which was first unveiled at Google I/O back in May, is available on NFC-equipped smartphones running Android 4.4 KitKat and above, and it’s compatible with a whole host of banks and credit card providers.

Apple Pay adoption is on the decline in the U.S.


Apple Pay
Keep calm, carry on using Apple Pay.
Photo: Jim Merithew/Apple Pay

Apple Music may be doing fantastically in terms of subscribers, but Apple isn’t having quite the same adoption success with Apple Pay, according to a new report.

Payment industry and retail data analysts at InfoScout and PYMNTS claim that the percentage of iPhone 6 users in the U.S. who have tried Apple Pay declined from 15 percent in March to 13.1 percent in June.

JetBlue will soon accept Apple Pay at 35,000 feet


As soon as next year, Apple may make it possible for you to send money to friends and family from your iPhone.
Apple Pay is taking off in a big way. Ba-doom-tish. Photo: USA Today
Photo: USA Today

The hope with Apple Pay is that everywhere there are financial transactions, there will be Apple’s mobile payment solution — and, yes, that includes the sky.

Starting next week, passengers on select JetBlue Airways flights will be able to pay for food, drinks and assorted on-board amenities (such as upgrading seats) using their iPhone 6 and 6 Plus. This gives JetBlue the claim to fame that it is the first airline to accept Apple Pay at 35,000 feet.

eBay raids Apple for payment talent to work on possible Apple Pay rival


Apple Pay
Apple Pay is setting the gold standard for mobile payments. Photo: Jim Merithew/Cult of Mac
Photo: Jim Merithew/Cult of Mac

Post-Apple Pay, everyone is looking to Cupertino when it comes to innovation in the mobile payment sector. eBay is no different — with the online auction company starting up a new division, designed especially to develop payment-related technology.

And wouldn’t you know it? It’s filling it with ex-Apple folk.