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Apple joins BNPL boom

Payments Dive

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.

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Apple Expands Apple Card Testing

PYMNTS

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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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.

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Apple Aims At Debuting Car In 2024

PYMNTS

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.

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Big Banks, Big Tech Face Off Over Swipe Fees

American Banker

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

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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 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. Apple also reported that iPad revenue rose $6.58

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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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Apple iOS, macOS Exec Ordered To Testify In Epic Suit

PYMNTS

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.

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Apple defends app review, payment system to deflect Epic claims

Payments Source

Digital payments Apple

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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). To address the issue, the new program, called Path to Apple Card , is similar to credit counseling.

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Apple Introduces Suite Of Faster Mac Products

PYMNTS

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.

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PayPal girds for slowdown, leans on Apple, Amazon

Payments Dive

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

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Apple to launch high-yield savings account with Goldman Sachs

Payments Dive

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

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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 Pay Partners With Nike For 3 Pct. Cash Back

PYMNTS

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.

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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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Apple Loses Copyright Claim Against Phone Maker Corellium

PYMNTS

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.

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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 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 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.

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Facebook, Apple Lead Future Of Smart Glasses

PYMNTS

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

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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 Debuts Credit Improvement Program For Declined Card Applicants

PYMNTS

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.

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Apple Debuts Apple Card, A Virtual (And Physical) Credit Card

PYMNTS

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.

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Apple Card Users Can Now Make Online Card Payments

PYMNTS

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.

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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 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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European Union Hits Apple With A One-Two Antitrust Punch

PYMNTS

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

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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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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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Digital Wallet Apple Pay Draws Antitrust Scrutiny

PYMNTS

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.

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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. The program will also be compatible with Apple’s educational discounts, according to sources interviewed by Forbes.

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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 Earnings Blowout In FYQ1 Rides Success Of Connected Economy

PYMNTS

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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