Category: Mobile Payments

Many referred to mobile payments to be NFC technology but there are other avenues that many businesses are taking to keep up with this trend. For instance, some have used QR codes on bills that resolve to a mobile site enabling a secure mobile payment.

Dutch antitrust authority calls Apple app store payment rules anti-competitive

Sam Lambert
App Store Payment Rules - App Store app icon

The watchdog has ordered the American tech giant to make changes to its regulations. The Dutch antitrust authority has ruled that the Apple app store payment rules are anti-competitive and has ordered the company to make changes. The regulations in question have to do with the requirement for developers to use the in-app transaction system. This anti-competitive label against Apple’s app store payment rules is only the latest issue the iPhone maker has faced in Europe, reported Reuters, citing four people familiar with the matter. The American tech giant’s policies,…

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8 Factors to Consider When Buying an ID Scanner

Guest Post
Buying an ID Scanner

ID scanners play a significant role in capturing important information in organizations. These electronic machines read data on ID cards for purposes of identification or proof of age. They are not an incursion to privacy but a verification in adherence to the law for public safety or owner’s measures. Consider these factors before buying an ID scanner. 1. Simplicity A good ID scanner should be user-friendly with the ability to access data quickly. Ideally, it should be an automatic ID scanning device fitted with a large screen for quick and…

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Researchers spot contactless Visa and Apple Pay Hack for unauthorized payments

Jesse Collins
Apple Pay - iPhone payments

Experts found that large unauthorized transactions can be made through locked iPhones. Researchers have announced that it is possible to make large unauthorized contactless payments on Apple Pay on locked iPhones by exploiting the way the mobile wallet is designed to boost convenience at ticket barriers using a Visa card. The researchers recorded a video that demonstrated how an unauthorized contactless £1,000 payment could be made. The Computer Science departments of Birmingham and Surrey Universities researchers’ video showed that the Apple Pay transaction of £1,000 was made with zero-contact and…

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Square system will now accept payments from Cash App mobile wallet

John Montgallo
Mobile wallet - Square In-Store Payments

This feature is rolling out for merchants using the checkout system for in-person transactions. Square Inc (NYSE stock symbol SQ) has announced that it intends to allow CASH APP mobile wallet users to make purchases with the application when shopping in-person with merchants using its payment processing technology. The company is seeking to boost integration between its consumer and vendor business sides. The company has announced that users of the mobile wallet will be able to make in-store payments with their application either by scanning the merchant’s Square QR code…

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Apple Pay is barely used by anyone who has it

Jennifer Goula
Apple Pay - iPhone in pocket

Only 6 percent of iPhone users in the United States who have the mobile wallet are actually using it. According to the results of a new study, only 6 percent of iPhone users who have Apple Pay set up are actually using the mobile wallet app in the United States. The study was conducted by PYMNTS, showing far less usage than many had expected. The study showed that about 93.9 percent of US iPhone customers have Apple Pay on their smartphones. The mobile wallet service first launched in September 2014…

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