It seems Apple Pay is now giving Paypal a run for its money. The electronic giant’s CEO, Tim Cook, has recently unveiled in the company’s fourth-quarter financial earnings that Apple Pay transaction volume has been steadily surpassing Paypal’s.
What Banking Security Flaws Will Apple Card Solve?
People can’t seem to stop buzzing about the newly announced Apple Card that’s set to release in the US later this year. According to the tech giant, they’re creating a unique, sophisticated, and most importantly, secure digital credit card. This new form of credit card is being created in partnership with Mastercard and Goldman Sachs. […]
Apple Launches New Peer-to-Peer Payment System
Is there anything that Apple won’t try? The answer is probably no. Already covering smartphones, laptops, smartwatches, tablets, desktop computers, music (streaming and downloading), apps and much more, the tech giant has now set its sights on the lucrative peer-to-peer transactions market with Apple Pay Cash. P2P payments have been around for a while with […]
Not Using Apple Pay? This One Security Feature Will Change Your Mind Today
When Apple announced Apple Pay in late 2014, it seemed like a crazy futuristic technology that was truly ahead of its time — but not ahead of its time in the same way that the Mac, iPod, iPhone, and iPad were. Apple Pay was sort of oddly intrusive. Storing your debit and credit card information […]
Is Apple Pay a Disappointment?
A recent report on the state of Apple Pay – the contactless payment service that Apple launched last fall – indicates that nearly half of those who tried it were “disappointed” with the experience. This of course sent a ripple through the tech media, with many interpreting the findings as a failure on Apple’s part […]
Only 6 Percent of iPhone 6 Owners Use Apple Pay
And that’s not taking into consideration iPhone 6 Plus owners. Based on a survey done by InfoScout and PYMNTS, only 6 percent of iPhone 6 owners have used Apple Pay since the service was launched six months ago. Additionally, around 9 percent of iPhone 6 users have tinkered with the service, but haven’t actually used […]
The Apple Pay Security Breach is Not Apple’s Fault
Earlier this week it was reported that Apple Pay – Apple’s burgeoning contactless payment system – has already been hit by nefarious individuals looking to take advantage of a process that was touted for its high level of security. It seems that industrious fraudsters have discovered a way to use stolen credit card numbers and personal information […]
I Finally Tried Apple Pay, and it was Terrific!
Apple Pay has been around for a few months now, and over its short lifespan it has already grown into the most-used contactless payment service available today. Unfortunately, my bank wasn’t amongst the financial institutions that supported Apple Pay when it first launched, so even though I owned an iPhone 6, I had to wait patiently for Apple to […]
Apple Pay Gets Boost with Priceless Surprises from Gwen Stefani and MasterCard Ad
In spite of the glitches, skepticism, and flak associated with Apple Pay, the company has high hopes for the technology. It’s not like that Apple is a stranger to glitches after all; and at the end of the day, they somehow turn things around. The latest effort to push Apple Pay is the combination of […]
Why the Holiday Season Will be a Major Test for Apple Pay
By most accounts, Apple Pay is off to a modest start, with some consumers already embracing the NFC payment system even as Apple rushes to add more retailers and banks to the service. But the fledgeling payment system will face a major test this holiday season, when shoppers flock to retail outlets searching for the perfect gift for friends […]
