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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. It was the evolution of consumers' and merchants' preferences in how they make and receive payments that made the card a reality.

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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. AppleInsider reported the U.S.

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Insiders

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Apple-Goldman Credit Card Poses Risks, May ‘Blow Up’, Ellis Says

Bank Innovation

It would be “odd” for Apple Inc. to offer a jointly developed credit card with Goldman Sachs Group Inc. and not with Synchrony Financial, MoffettNathanson analyst Lisa Ellis said, since Synchrony dominates the market for co-brand offerings. Goldman must be offering Apple a very good deal,” Ellis said by email.

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For Goldman And Apple, One Word: Plastic (Cards, That Is)

PYMNTS

Two marquee names — one in tech and the other in finance — and a card between them. News came Thursday (May 10) that Apple and Goldman Sachs Group are in the midst of bringing a joint credit card to market. The move by Goldman and Apple has a cross-pollination effect of sorts. million units.

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Dutch Competition Probe Into Payment Apps Centers On Apple Pay

PYMNTS

Dutch antitrust regulators have launched an investigation into freedom of choice regarding payment apps and is eyeing Apple Pay’s limitations, Bloomberg reported. Although the antitrust regulator didn’t mention Apple by name, it said in a press release on Friday (Dec. Apple has denied any outside access to the chip.

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Apple Pay Adds Support For Netherlands, Revolut Users

PYMNTS

Apple Pay has added support for users in the Netherlands and also expanded services for Revolut users , according to reports. All Apple Watch, iPad, Mac and iPhone users can use the service wherever it’s accepted. Apple Pay has recently been rolling out internationally in many different countries, and is also growing in the U.S.

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Uber Eats Now Supports Apple Pay

PYMNTS

Uber announced on Wednesday (April 17) that it is adding Apple Pay to its popular Uber Eats app, according to reports. Apple Pay has previously been a payment option for the Uber ride-hailing app, but the addition to the food app is new. Uber also accepts credit and debit cards, as well as PayPal. Those markets include the U.S.,

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