Apple Pay is finally about to land in Germany. Local banks like HVB and Bunq have today begun emailing customers to announce the mobile payments service is on the way, but none have confirmed an exact launch date just yet.
The Supreme Court handed down a number of high-profile rulings this week. One that didn’t get much attention will have a negative effect on Apple Pay.
The SCOTUS decided that retail store owners who accept American Express can not suggest to customers who bring out this card that they use another method of payment. That includes Apple Pay, even though this iPhone payment system would save the merchant money.
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, 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 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.
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 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.
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.