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Apple Pay security would “fundamentally diminish” with banks

08/15/201608/12/2016 Jennifer Goula

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…

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

03/31/201603/30/2016 Stephen Vagus

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…

Apple brings mobile payments service to China

02/26/201602/24/2016 Stephen Vagus

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…

Apple customers may not be interested in mobile payments

03/27/201503/25/2015 Stephen Vagus

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.…

Marriot introduces broad mobile strategy with Apple Pay

03/19/201503/17/2015 Sam Lambert

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…