Apple joins BNPL boom
Payments Dive
JUNE 7, 2022
Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees.
Payments Dive
JUNE 7, 2022
Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees.
PYMNTS
JUNE 20, 2019
Apple has expanded the test phase of its credit card with Goldman Sachs to its retail employees, according to a report by Bloomberg. The company, which has tens of thousands of retail workers, launched an internal beta program for the Apple Card, and it is the first major trial for the upcoming product, set to launch publicly in the summer. In addition, Apple is already discussing expanding the card into Europe.
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PYMNTS
AUGUST 3, 2020
Apple has purchased Canadian company Mobeewave , which will allow it to create mobile pay hubs out of iPhones, Bloomberg reported. The acquisition follows Apple’s pattern of buying startups to assimilate new technology into its own products.
PYMNTS
DECEMBER 21, 2020
Apple is advancing its self-driving car project, according to a Reuters report, and will look at debuting a new product by 2024 that could also come with new battery technology. If there is one company on the planet that has the resources to do that, it’s probably Apple.
American Banker
FEBRUARY 7, 2021
A showdown between megabanks such as JPMorgan Chase and the likes of Apple and PayPal could be the prelude to a broader fight. Fintech PayPal Debit cards Interchange fees JPMorgan Chase Apple Google
Bank Innovation
MARCH 25, 2019
Apple today unveiled its plans to launch a virtual credit card product with Goldman Sachs and Mastercard this summer called Apple Card, which will reside within the Wallet app on Apple devices. IoT & Wearables Payments Premium Retail Security & Risk Apple Apple Card Apple Pay Goldman Sachs Mastercard
PYMNTS
JULY 30, 2020
Consumers might have cut back on spending during the pandemic, but that apparently didn’t apply to Apple products as the tech giant reported quarterly results Thursday (July 30) that exceeded analyst estimates across the board. Apple also reported that iPad revenue rose $6.58
PYMNTS
SEPTEMBER 8, 2020
Apple Pay users may soon be able to use a feature in the Wallet app to make payments by scanning a QR code. Since its launch, Apple Pay transactions at brick-and-mortar retailers relied on NFC and an iPhone near the payment terminal to make a contactless purchase.
PYMNTS
DECEMBER 18, 2020
Top Apple executive Craig Federighi, who oversees the iOS and macOS operating systems, has been ordered by a federal judge to testify in the lawsuit Epic Games brought against the Cupertino, California-based company, Apple Insider reported.
Payments Source
MAY 11, 2021
Digital payments Apple
PYMNTS
JULY 15, 2020
Apple Card — the iPhone-based credit product launched last summer by Goldman Sachs , Apple and Mastercard — is expected to be a hot topic on Goldman’s earnings call Wednesday (July 15). To address the issue, the new program, called Path to Apple Card , is similar to credit counseling.
PYMNTS
NOVEMBER 10, 2020
Apple , in what a company press release calls a "momentous" day on Tuesday (Nov. 10), has rolled out the "next generation" of Macs, including a new MacBook Air, a 13-inch MacBook Pro and a Mac Mini powered by the M1 chip specifically designed by Apple for the Mac.
Payments Dive
NOVEMBER 4, 2022
The digital payment pioneer is counting on its ties to Apple and Amazon as it prepares for an economic slowdown already showing up in e-commerce
Payments Dive
OCTOBER 17, 2022
The move is the logical next step for the Apple-Goldman partnership, according to one consultant, who said the day-to-day banking product complements Apple’s Goldman-powered credit card offering
Bank Innovation
AUGUST 9, 2017
Fall is around the corner and prepaid card issuer Green Dot, which is the regulated bank partner for Apple Pay, has updates on Apple’s P2P money transfer service that will launch in the coming months. Cards Exclusive Mobile Payments Apple Pay Green Dot Mobile banking PayPal prepaid card Square Cash Venmo
PYMNTS
NOVEMBER 25, 2019
Nike is offering 3 percent cash back to Apple Card users when a Nike product is purchased using Apple Pay , TechCrunch reported Monday (Nov. Nike and Apple have historically had a close relationship with retail partnerships and co-branded products like the Apple Watch Nike+ edition.
PYMNTS
JUNE 2, 2019
There are plenty of signs that Apple is gearing up to say goodbye to iTunes. MacRumors reported that Apple has taken down all of the social media content from its iTunes page on Facebook, including posts, photos, and videos. In the meantime, Apple has moved its iTunes page to its Apple TV pages on Facebook and Instagram, while some itunes.apple.com links for songs and artists now reportedly redirect to music.apple.com.
PYMNTS
DECEMBER 29, 2020
Apple has lost its copyright claim against a Florida company, Corellium , that makes "virtual iPhones" used by security researchers to test for vulnerabilities in its systems, Bloomberg reported. Apple, Corellium said, attempted to buy the firm.
PYMNTS
SEPTEMBER 22, 2020
Users of Apple Music, TV+ streaming service and the App Store experienced problems accessing the services Tuesday (Sept. Apple Inc. Apple did not immediately respond to a request for comment. At press time, all Apple’s services have been restored, 9to5 reported.
PYMNTS
JANUARY 23, 2020
With new fitness collaborations that make it simpler for Apple Watch owners to accrue rewards, purchase items and monitor workouts, Apple unveiled its “Apple Watch Connected” gym effort. Gyms also have to provide a choice for owners of Apple Watch to “earn with Apple Watch.”
PYMNTS
AUGUST 11, 2020
Apple has added a new one-click payment option to its online store for users of the Apple Card , according to a 9to5Mac report. Those using the card can now check out by just clicking the option for the Apple Card when buying something through the Apple online store.
PYMNTS
JANUARY 7, 2021
The most anticipated development in the emerging world of connected glasses is Apple’s project, which according to reports has recently entered into its second phase of development. Innovation Apple connected commerce Facebook News Technology
PYMNTS
SEPTEMBER 17, 2020
The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. The EU earlier this summer said its antitrust probe would look into both the App Store and Apple Pay.
PYMNTS
JUNE 29, 2020
Apple is launching a “Path to Apple Card” program intended to help declined Apple Card applicants improve their credit worthiness, according to reports. The installment plans will let Apple Card holders split up payments for a number of items over a period of months.
PYMNTS
MARCH 25, 2019
And not just any tech giant – it’s Apple, the company whose payment services were touted (by at least some) as a credit card killer. News came Monday (March 25) that Apple – specifically, through its payments service Apple Pay – has launched the Apple Card. Mastercard brought token services to Apple Pay in 2014, and late last year announced its strategy to enable token services on all cards by 2020,” according to the statement.
PYMNTS
JULY 2, 2020
With a new website Apple has launched, Apple Card holders will be able to check balances and do business online, the company said, according to MacRumors. In addition, now users can have an Apple Card without the need for an iPhone or iPad.
PYMNTS
AUGUST 20, 2019
The Apple Card, a credit card created in partnership by the technology company, was officially released in the U.S. Apple said the process only takes minutes and that customers can start using the card immediately. Built on simplicity, transparency and privacy, Apple Card has no fees, encourages customers to pay less interest, offers an easy-to-understand view of spending and provides a new level of privacy and security,” Apple said.
Chris Skinner
FEBRUARY 28, 2018
Then got my answer, although it isn’t a singular factor but a combination … The post Apple Pray: why has Apple Pay failed? I was talking the other day to a colleague about the phenomenon in Asia, India, Africa and South America taking place with mobile payments and the lack of take-up in the USA. Why is this, I wondered? appeared first on Chris Skinner's blog. Fintech Grid Innovation Opinion Payments Technology
PYMNTS
JUNE 16, 2020
Tuesday (June 16) is marking a bit of a one-two punch on the Continent for Apple. The European Union announced that it is opening not one but two antitrust investigations into the tech giant, focusing on the company’s App Store and Apple Pay. “It
Payments Source
AUGUST 8, 2019
Apple's new credit card isn't just another virtual card in its virtual wallet. Apple Pay Credit cards Contactless payments NFC Data security Personally identifiable information Encryption Fraud prevention pso wallet lead Apple Goldman SachsIt borrows a lot of features from the most successful brands in payments and technology.
Bank Innovation
JANUARY 29, 2020
based card consolidation startup Curve this week launched with Apple Pay, allowing customers to connect their Curve cards to their Apple iPhones, watches, iPads and other devices. Carousel Payments Premium Product Design Apple Pay Curve UK fintech Zelle
PYMNTS
DECEMBER 18, 2020
Apple’s digital wallet Apple Pay is under fire for possible antitrust violations, adding to the previous scrutiny over alleged anticompetitive behavior in its App Store, according to a report in Financial Times on Friday (Dec.
PYMNTS
JUNE 7, 2020
Buyers of Apple products will soon have the ability to pay for those products, including iPads, Macs and AirPods, in monthly installments using the Apple Card. The program will also be compatible with Apple’s educational discounts, according to sources interviewed by Forbes.
PYMNTS
SEPTEMBER 16, 2020
Spotify , the music streaming giant, criticized tech rival Apple over a new subscription bundle that allegedly favors the company's own Apple Music service over others, Reuters reported. The Apple One bundle reportedly disadvantages streaming rivals, according to Reuters.
PYMNTS
JANUARY 27, 2021
It was supposed to be a record-breaking fiscal year first quarter for Apple and the company did not disappoint. Apple saw double-digit growth in every product category for its fiscal 2021 first quarter ended Dec. Apple’s China revenue surged to $21.31
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