Apple Pay

Apple Pay is about to get much better

Written by

First woman on stage at an Apple keynote? Really? This is a terrific read, really shows how much is happening in the Apple Pay universe.

A crack in the consortium

Written by

Remember the MCX Consortium, the competing transaction processing system from Walmart, et al? One of their high profile members is Best Buy and they just agreed to take Apple Pay.

Apple Pay: A new frontier for scammers

Written by

The Guardian:

Criminals in the US are using the new Apple Pay mobile payment system to buy high-value goods – often from Apple Stores – with stolen identities and credit card details.

This is a short term issue, a weakness with bank verifications, not an issue with Apple Pay.

Samsung’s next chess move

Written by

Samsung revealed their next counter to Apple’s iPhone 6, 6 Plus, and Apple Pay. Samsung’s Galaxy S6 and S6 Edge are being decried by most people as shameless copies of the phones that have brought Apple so much success. Here are some thoughts on Samsung’s rapid shift in strategy.

PayPal, Apple Pay, and friction

Written by

Karen Webster, in her weekly piece for PYMENTS.com, interviews PayPal’s GM of Retail, Brad Brodigan. She then follows this with some cogent analysis, focused on Apple Pay, PayPal, and friction in the payments market.

Samsung in talks to launch Apple Pay competitor

Written by

Re/code:

Samsung has discussed a deal with a payments startup that would help the smartphone maker unveil a wireless mobile payments system in 2015 to rival Apple, according to multiple sources.

Samsung at it again.

Dozens more companies sign up for Apple Pay

Written by

New York Times:

On Tuesday, Apple announced that in recent weeks the company had signed up dozens more banks, retail stores and start-ups to adopt Apple Pay, the company’s new e-commerce product, which allows customers to buy things with little more than a wave of their iPhone.

Lots of progress here.

NFC, credit card disruption, and the future of Apple Pay

Written by

Interesting piece from Seeking Alpha (reg-wall):

Once paying for purchases at retail with a smartphone becomes commonplace, regardless of whether you believe Apple will roll out its own AppleCard, the credit card companies will fall one by one, starting with American Express. How can it possibly be prestigious to carry a Platinum or Black card when the card never leaves your wallet?

The true origins of MCX and CurrentC

Written by

This article appeared back in January 2013, long before CVS and Rite Aid pulled the plug on Apple Pay, and long before Apple Pay was even announced. There’s a lot of detail here that answers many of the current questions about CurrentC and MCX.

CurrentC and antitrust implications

Written by

There’s been a lot of discussion about the legal implications of the recent move by CVS and Rite Aid to drop support for Apple Pay. A little more light is shining on this issue.