Apple Pay

Apple Pay Growth Set to Fuel Smartphone Sales

The ability to conduct mobile payments is set to become a key theme in future marketing campaigns for the Apple iPhone, as international growth pushes transactions to new heights, according to research from US venture capital outfit Loup Ventures.

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Why Apple Pay Is the Highest-Rated Mobile P2P Payment Service

In our first-ever test-based ratings of P2P mobile services, Consumer Reports rated Apple Pay the highest overall, with excellent or very good marks in the key consumer-protection measures of payment authentication and data privacy.

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Apple Kicks Off Massive Digital Payments Promotion in San Francisco; Big Discounts With Apple Pay

Apple kicked off a major digital wallet promotion in San Francisco today. This is just days after CEO Tim Cook reported that the company tripled Apple Pay transactions this year, hitting more than 1 billion in annual volume. That’s bigger than Square and more than Paypal’s mobile transactions, says Apple.

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Apple Pay to Account for 1 in 2 Contactless Mobile Wallet Users by 2020

Apple Pay to account for 1 in 2 contactless mobile wallet users by 2020 The number of mobile payments users who tap to pay using a contactless payment solution provided by their mobile devices maker will grow to 450 million people worldwide by 2020, according to a new forecast from Juniper Research.

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SoftBank Takes on Apple and Samsung With New Payment App

One of the world’s biggest tech companies is wading into Japan’s growing digital payments industry. SoftBank is partnering with Yahoo Japan to launch a mobile payment app called PayPay this fall, the company announced Friday. SoftBank and Yahoo will collaborate with Paytm, India’s biggest online payments firm.

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EBay to Accept Apple Pay and Offer Merchant Loans With Square

EBay Inc. has more bad news for long-time payments partner PayPal Holdings Inc. The online marketplace announced new partnerships with PayPal competitors Apple Inc. and Square Inc. EBay will begin accepting Apple Pay in the fall and, through a new deal with Square, offer merchant loans of up to 100,000.

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How Apple Plans to Win the Mobile Payments War

There’s a reason everyone seems to be getting into mobile payments. Thanks to increasing smartphone usage and a push for faster, simpler, more secure financial transactions, mobile payments could become a 3.4 trillion industry by 2022. In the U.S. last year, eMarketer estimated it to be a 49 billion market already.

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Are Apple, Amazon and Facebook the Future of Banking?

Watch out, big banks. Silicon Valley is targeting finance as the next industry ripe for disruption. In the not-too-distant-future, Amazon (AMZN) could let customers zap each other cash with Alexa, and then deposit the money in an Amazon-branded checking account.

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Apple Pay for Citi in Asia

New York-based Citi’s credit cards in Asia are now linked to Apple Pays system in Singapore, Australia, and Hong Kong and will be rolled out in Taiwan later this year, the bank said in a statement on Thursday. The shift away from physical cards and wallets comes against the backdrop of Apple aggressively pushing into […]

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