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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Apple Pay mobile payments now available at all New York City subway stations
NYC has completed its One Metro New York (OMNY) digital transaction system. New York City public transit users can now use Apple Pay mobile payments at all subway stations as well as in all buses as the system completed its rollout of the new One Metro New York (OMNY) feature. The feature allows people to use their smartphones or even their Apple Watch to pay their fare. The addition of Apple Pay mobile payments and other digital transactions provide riders with more ways to ensure they can quickly and easily…
Read MoreWill Apple Pay QR codes become an option for iPhone users?
The tech giant is reportedly researching ways to integrate the barcodes into future mobile payments. Apple Pay QR codes don’t currently exist, as iPhone users must employ near field communication (NFC) technology to complete a mobile payment transaction. However, growing information suggests that the iPhone maker is looking into secure barcode scans. A growing body of evidence suggests that the company is looking into ways to make Apple Pay QR codes secure to scan to complete transactions. While using NFC based tap or contactless transactions at a retailer’s payment terminal…
Read MoreApple mobile payments is finally taking off and making a difference
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…
Read MoreApple Pay Russia has now launched
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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