Apple Pay Eyeing QR Code Transactions

PYMNTS

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.

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Spotify Slams New Apple One Service, Claims It's Anticompetitive

PYMNTS

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.

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Apple Users Report Outages, Service Restored

PYMNTS

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.

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Apple Unveils iPhone-paired Apple Card

Bank Innovation

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

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Apple-Fortnite clash exposes a major weakness of digital payments

Payments Source

Apple's legal dispute with Epic Games, the publisher of Fortnite, has exposed a potential nuclear option that the Cupertino, Calif.-based Mobile payments Digital payments Retailers Apple Pay Apple

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EU Could Force Apple To Share Payments Tech With Competitors

PYMNTS

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.

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Apple Doubles Services Revenue

PYMNTS

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. billion in revenue for Apple’s fiscal third quarter, which ended June 27. International sales accounted for roughly 60 percent of Apple’s latest iPhone revenue, according to a press release. Apple also reported that iPad revenue rose $6.58

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Apple Buys Mobeewave For $100M

PYMNTS

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. In 2014, Apple incorporated Apple Pay into its iPhone, allowing payment with just a tap in retail stores using the phones, and last year, the tech giant launched its Apple Card, a credit card.

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Apple Expands Zero Pct Apple Card Financing

PYMNTS

Apple will now be allowing 0 percent interest on financing options for several of its products, including the Mac lineup, iPad, AirPods Pro, AirPods, Apple Pencil and others, when paid for via the Apple Card. The move comes after Apple offered 0 percent interest financing on the iPhone last December. One item excluded from the financing options is the Apple Watch, for reasons not disclosed.

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UK card startup Curve launches Apple Pay

Bank Innovation

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

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Apple Unveils Apple Watch Fitness Collaborations

PYMNTS

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.”

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Apple Showcases Wearables, Service Bundles But Is Silent On iPhone 12

PYMNTS

Although no iPhones made a surprise appearance as some had hoped, there was no shortage of new Apple products to gawk over on Tuesday (Sept. Two new Apple Watches took center stage, as did the Apple One subscription product and its various pricing tiers.

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Apple Card Users Can Pay With One-Click At Apple’s Online Store

PYMNTS

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. Any full-price item on Apple’s online store will be available for use with the card and the one-click option. Apple Apple Card credit News What's Hot

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Apple Winds Down iTunes

PYMNTS

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.

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Goldman’s Apple Card: What Will Q2 Hold?

PYMNTS

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). A look at recent activity around the card shows a good deal of innovation and a fair amount of concern over rejection rates for both the card and its mobile wallet cousin, Apple Pay. To address the issue, the new program, called Path to Apple Card , is similar to credit counseling.

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Apple Preps Installment Pay Plans On Apple Card

PYMNTS

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. Specifically, there will be 12-month interest-free plans for iPads, Macs, the Apple Pencil and iPad keyboards, as well as the Mac XDR Display monitor, while AirPods, Apple TV and HomePod products can be accessed with six-month plans. Apple spokespeople had no comment to Forbes, the site said.

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How Apple Pay Cash, Apple’s P2P Service, Will Work

Bank Innovation

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

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Apple To Epic: Fortnite Can Return But Remove In-App Payment System

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In the ongoing conflict between Apple and Epic Games , Apple's newest filing accuses Epic of sabotaging itself. That had the effect of undercutting Apple's profits. Epic Games sued Apple immediately after Fortnite was removed from the App Store.

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Apple Provides Temporary Access To Epic Games' Fortnite

PYMNTS

After a nearly two-week ban, fans of Fortnite , a video game in which players fight each other until the last one is standing, can log into the game on Apple ’s sign-in system, Reuters reported. Epic filed suit alleging Apple "retaliation" claiming its practices restrict competition.

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What To Expect From Apple’s Big Tuesday Event

PYMNTS

15), live-streamed out to the entire Apple World. But in some ways, the event will be notable for Apple watchers for what isn’t there than for what is. Those will likely include: New Apple Watches And iPads . And Apple is good at getting buzzy attention when it wants to.

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What’s Inside Apple’s Planned ‘Apple One’ Bundles

PYMNTS

When Apple releases its latest iteration of the iPhone this fall, it seems that the company will also be announcing the latest evolution in its rapidly expanding Services ecosystem. 13), Bloomberg quoted unnamed Apple sources as saying that the tech firm will be rolling out new subscription bundles for digital services. The bundles will allow Apple users to group some of the digital services that the company has released in recent years into a bundle at a single subscription price.

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What’s Behind Apple One’s Bundled Subscription Move?

PYMNTS

In an interview with Karen Webster, Brian Bogosian , CEO at sticky.io , an integrated eCommerce subscription management and recurring billing platform, said that Apple’s continued push into subscriptions is only one example of the allure of subscription eCommerce, and where it is headed.

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Apple Seeks Punitive Damages In Battle Against Epic Games

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Apple Inc. 8) Apple asked the judge to award punitive damages and end Epic’s alleged unfair business practices. Epic’s lawsuit is nothing more than a basic disagreement over money,” Apple said in its filing. 28, which it did, arguing that Epic violated Apple’s rules.

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Apple Pray: why has Apple Pay failed?

Chris Skinner

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

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Mastercard opens Apple Card digital-first card-issuing model to processors

Payments Source

Mastercard is making the much-admired Apple Card-like experience—nearly instant access to a payment card issued on the spot through a mobile device—available through mainstream and digital card processors. Mobile payments Mastercard Payment processing Credit cards Apple

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Apple Card: 10 key takeaways

Payments Source

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.

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Viral tweet about Apple Card leads to Goldman Sachs probe

Bank Innovation

s credit card practices after a viral tweet from a tech entrepreneur alleged gender discrimination in the new Apple Card’s algorithms when determining credit limits. A series of posts from David Heinemeier Hansson starting Thursday railed against the Apple Card for giving him 20 times […]. Bloomberg Carousel Compliance & Regulation Payments Product Design Retail Banking Apple Apple Card Goldman Sachs

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Apple Card Officially Released In US

PYMNTS

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.

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Apple Revamps App Store Guidelines For Games, Classes

PYMNTS

Before the anticipated deployment of iOS 14 later in September, Apple updated its App Store guidelines on Friday (Sept. Also, Apple’s guidelines now indicate that digital one-on-one classes, such as exercise instruction, can circumvent the company for payment.

Apple Pay Goes to Brazil

Bank Innovation

Mobile payment platform for Apple users, Apple Pay is now available in Brazil thanks to a partnership with the country’s biggest private lender, Itaú Unibanco Holding SA, the company announced today. The launch comes after Apple CEO Tim Cook told listeners to the company’s Q1 2018 earnings call that users in the region would soon […]. Exclusive Mobile Payments Apple Pay Mobile Payments P2P payments

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Instagram CEO Speaks Out Against Apple’s Business Practices

PYMNTS

Instagram ’s CEO has added his voice in criticizing Apple Inc. 's 11) that Apple’s plan to change its iPhone operating system will hurt businesses with its ad tracking limits. I don’t think we have much influence over Apple,” he said.

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Venmo Follows Apple Pay with Uber Integration

Bank Innovation

Apple Pay has had this feature with Uber for over a year. Exclusive Mobile Online Open Fintech Payments PFM Premium Uncategorized Apple Pay P2P payments PayPal Uber Venmo Visa

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Mastercard’s Tokenization, and Consumer Choice, Made Digital-First Apple Card Possible

Bank Innovation

Mastercard’s tokenization technology made the digital-first Apple Card possible, but purely from a technological standpoint, Jorn Lambert, EVP, Digital Solutions at Mastercard, told Bank Innovation. Apple last month unveiled its plans to launch […]. IoT & Wearables Payments Premium Sales & Marketing Security & Risk Apple Apple Card Apple Pay C2B payments digital payments EMV chip Goldman Sachs Mastercard tokenization

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Apple Registers Counterclaims, Seeks Damages In Epic Games Suit

PYMNTS

Apple registered a reply and counterclaims in its legal saga with Epic Games , contending that the developer broke its agreement with Apple as it also asked for damages in a conflict that arose on August 13, CNBC reported. Apple then halted the game maker’s developer account on Aug.

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Apple Drops In-App Payments Mandate For WordPress

PYMNTS

Apple has backed down and apologized after it found itself in ye t another controversy this weekend over its App Store, Bloomberg News reported. An Apple spokesman said the controversy has been settled. “We We believe the issue with WordPress app has been resolved,” Apple said.

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