Archive | Mobile Payments

EU Banks Ready to Roll Out Apple Pay?

EU Banks Ready to Roll Out Apple PayIn the short time it has been available, Apple’s upstart mobile payments platform has been gaining popularity across the U.S. But soon, Apple Pay could make its way across the pond and into some of Europe’s leading financial institutions.

According to the U.K. Telegraph, Apple Pay will likely launch on European soil in 2015.

“Apple has been encouraged enough to press ahead with plans to roll the system out across the world,” Monday’s report divulges.
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Posted in Announcements, Mobile Commerce, Mobile Devices, Mobile Payments, News, Platforms, Predictions, Rumors, Smartphones0 Comments

Trouble Brewing for Square at Starbucks

Trouble Brewing for Square at StarbucksThis is a problem the folks at Square may want to discuss over a cup of coffee.

Starbucks, we have learned, will no longer accept Square’s mobile payments, a move that has stunned many in the electronic payments world while satisfying countless consumers who say the mobile payment tech never work as well as it should have.

As Business Insider first reported, Square is “retiring” its Wallet app. “It’s now rolling a key feature of Wallet—one that let users check into a store and pay by announcing their name to a cashier—into its newer Square Order app. The new feature is called Tabs, but it works similarly to Wallet,” the report reads, noting that Starbucks isn’t coming along for the new journey.

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Posted in Announcements, Mobile Devices, Mobile Partners, Mobile Payments, Mobile Retail, News, Platforms, Smartphones, Technology0 Comments

In the ‘Loop’ on Mobile Payments: Samsung Looking to Compete with Apple Pay

In the 'Loop' on Mobile Payments Samsung Looking to Compete with Apple PaySpeculation is rampant that Samsung may be in discussions with LoopPay to roll out a wireless mobile payment system next year.

The technology, according to ReCode, has already bestowed a prototype of the payment system envisioned, sources have purportedly revealed.

The idea was apparently inspired by the launch of Apple Pay this year, which gave Apple a huge presence in the nascent mobile payments market. With Samsung already having much of the hardware legwork completed to introduce a mobile payments system, the timing appears to be good for the South Korean tech giant’s 2015 mobile payments objective.

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Posted in Mobile Devices, Mobile Partners, Mobile Payments, News, Platforms, Predictions, Smartphones, Technology0 Comments

Some Mobile Payments ‘Magic’ Comes to Orlando

Some Mobile Payments 'Magic' Comes to OrlandoIt’s almost time for tip-off for Apple Pay in Orlando.

As part of what the NBA franchise calls “Orlando Magic’s continuing commitment to the fan experience and technology,” the team, along with Chase and E15 Group, will be integrating Apple Pay into the Amway Center, home of the Orland Magic basketball organization.

The Magic becomes the first team in the NBA to offer fans access to Apple Pay, which will debut in Amway Center when the Magic host the Utah Jazz tomorrow.
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Posted in Announcements, Mobile Apps, Mobile Commerce, Mobile Devices, Mobile Payments, Mobile Shopping, News, Platforms, Smartphones, Technology0 Comments

Square Touts Major Mobile Payments Achievement

Square Touts Major Mobile Payments AchievementOh, how far mobile payments have come.

The team at Square — the nation’s leading mobile payments platform — says its mobile money service has just reached a new milestone.

“Congratulations and thank you,” the company announced on its site. “Together, you just made $100,000,000 in sales in one day.”
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Juniper: mCommerce Transactions Gunning for 200B By 2019

Juniper mCommerce Transactions Gunning for 200B By 2019A new report from Juniper Research indicates that mobile phone and tablet users will make 195 billion mobile commerce transactions annually by 2019.

Underscoring the remarkable growth anticipated over the next five years, this anticipated expansion represents a significant spike over the 72 billion mCommerce transactions expected this year.

According to the report, highest growth rates are expected in the NFC sector.

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Posted in Announcements, Marketing Strategy, Mobile Apps, Mobile Commerce, Mobile Payments, Mobile Shopping, Near Field Communication, News, NFC, Platforms, Predictions, Smartphones, Tablet Devices, Technology0 Comments

A Sweet New Apple for China

A Sweet new Apple for ChinaIf you thought the most common payment card in the world was Visa or MasterCard you’d be quite wrong. It’s the UnionPay card from China and, even after just a short 12 years, it already accounts for nearly 40% of the cards being used worldwide.

Go ahead. Wrap your head around that fact for a minute.

When you compare that to Visa at 24% and MasterCard at 18%, both pale in comparison, and you quickly realize exactly why Apple wants to be their partner in any way they can.

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Posted in iOS, Mobile Commerce, Mobile Payments, Mobile Retail, Mobile Shopping, Technology1 Comment