Apple mobile payments is finally taking off and making a difference

Apple mobile payments - Apple Pay

Some firms are speculating that the acceptance of this tech could permanently change the face of retail. Apple mobile payments have been struggling to take off and have not met the performance expectations of many people in the commerce and tech industries alike. That said, it does appear as though Apple Pay is finally taking hold and now that it has, it’s rapidly gaining strength. Mobile wallets were only a concept only a few years ago, and many wondered what Apple would contribute. As the iPhone maker aimed to diversify…

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Apple Pay Russia has now launched

apple pay russia iphone mobile payments

The iPhone maker has rolled out its mobile payments software in the country, extending its global reach. Apple Pay Russia has now been launched as the iPhone maker brings its mobile wallet to the Russian population. This has allowed the American tech giant to extend the worldwide reach of its digital payments service. This has made Russia the tenth nation where Apple Pay transactions can be accepted. Among the other countries where these mobile payments are available include the United States, Canada, and Great Britain. It was originally launched in…

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Apple Pay security would “fundamentally diminish” with banks

iOS 8 iphone 6 apple mobile security

The company won’t budge despite pressure from Australian banks to add wallet apps to iPhones. Australian banks have been coming together to try to pressure Apple to include their products on iPhones. However, the American company has insisted that Apple Pay security would suffer if it were to add mobile wallets from the banks. The company is standing firm against the three banks. Apple has opted not to give the banks access to the NFC chip used by its own Apple Pay wallet. The three banks wanted iPhone users to…

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Apple’s mobile payments service set to support the mobile web

Apple maps mobile payments

Apple Pay will be moving beyond app purchases later this year Apple Pay is beginning to move beyond the world of applications. For some time, Apple has been informing potential partners that its new mobile payments service will be expanding to websites later this year. The service is expected to evolve, harnessing the power of the mobile web, which consumers have become increasingly reliant on when shopping online with a smartphone or tablet. Moving to the mobile web may help Apple Pay find more success in a space where it…

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Apple brings mobile payments service to China

Apple mobile payments - Apple Pay

Apple Pay has launched in China, but may struggle to find success Apple has finally launched its new mobile payments service, called Apple Pay, in China, but the service has received a mixed response among consumers. The Chinese market is quite attractive for companies interested in mobile shopping, largely due to the rapidly growing number of consumers opting to use their smartphones to make purchases online. Apple has been working to break into the Chinese market, but has been met with some resistance from the country’s banks, which had shown…

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Apple customers may not be interested in mobile payments

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Report shows the majority of iOS users have not used Apple Pay A new report from PYMNTS shows that the majority of iOS users do not make use of Apple Pay, Apple’s new mobile payments service. The service was launched in October of last year and represents Apple’s first official entry into the mobile payments market. The service managed to obtain significant support from retailers that were interested in engaging mobile consumers, but Apple Pay has struggled to find traction with the only demographic that can use it: iOS users.…

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Marriot introduces broad mobile strategy with Apple Pay

Marriott mobile app apple pay

This has made the company the first among the large hospitality chains to move into mobile payments. In 2014, Marriot International managed to sell over $1.8 billion in hotel rooms over mobile, alone, which represented 19 percent of the revenue that it brought in online and helps to explain why Apple Pay would provide such appeal. The hospitality chain has seen outstanding growth over mobile, as it represented only 1 percent in 2009. Marriott has now announced the next level of this online strategy, which will take in Apple Pay…

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Apple’s mobile payments service continues to find success

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Apple Pay now accounts for majority of all mobile transactions in the US Apple has been finding significant success in the mobile payments field. At three months old, Apple Pay now accounts for the majority of mobile transactions made in the United States, according to CEO Tim Cook. Cook offered information concerning the service’s performance during Apple’s first quarter fiscal report, claiming that Apple Pay accounts for more than two out of three mobile payment dollars spent across its myriad networks. Launch partners report success with their adoption of Apple…

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Apple Pay is preparing to get started outside the US

iOS 8 iphone 6 apple mobile security

The mobile wallet is now getting itself ready to make its first moves in countries outside of the United States. Apple Pay is now getting itself ready to send its mobile wallet services outside of the United States, where it has been exclusively available until now, as it makes its way into the first countries outside of the U.S. borders. Reports have indicated that online, offline, and mobile marketing materials are being prepared for March. This indicates that the launch of Apple Pay in other countries could be coming very…

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Commerce Bank shows support for Apple’s mobile payments service

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Commerce Bank has adopted Apple Pay Commerce Bank has announced that it has partnered with Apple to support the company’s new payment service, called Apple Pay. Through this partnership, the bank will begin offering its customers access to the Apple Pay service, allowing them to make purchases from their iPhone device. Apple Pay already found significant support from the retail industry, with many large brands supporting the service. Financial institutions are beginning to show more interest in the service as it becomes more popular with consumers. Apple Pay manages to…

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Apple Pay may have a major impact on the NFC technology market

Apple Pay Logo nfc technology mobile wallet

New mobile payments service is causing the NFC market to surge Apple Pay has been launched and it has already manage to cause a stir in the mobile payments space. The launch of the new service has been supported by a wide range of retailers, all of whom have shown strong interest in the mobile space. While Apple has succeeded in drawing more attention to mobile shopping and payments, the company’s new service may have an unintended effect on the NFC market. NFC is gaining more attention, thanks to Apple…

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