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Apple Pay mobile payments service launch with over 200,000 retail partners

10/20/201410/19/2014 Stephen Vagus

Tim Cook announces that Apple Pay launch Apple CEO Tim Cook has announced that the company’s new mobile payment’s service will launch on Monday, October 20. The service is Apple’s first commercial step into the mobile payment space and the company has already generated a great deal of momentum that will help it find success in the competitive market. Apple Pay has won the support of many of the world’s largest financial organizations, and Apple has recently announced that 500 more banks have partnered with the service for its launch.…

Apple breaks into mobile payments

09/12/201409/09/2014 Stephen Vagus

iPhone 6 revealed, representing Apple’s first real step into mobile payments Apple has finally unveiled the iPhone 6 and iPhone 6 Plus, showcasing the advanced design and new features of these devices. Notably, the iPhone 6 will be equipped with a larger screen, better hardware, and more support for mobile wallets and mobile payments. The device represents Apple’s first real foray into the mobile payment field. The company has been slow to warm to the concept of digital commerce due to security concerns and the lack of an effective technology…

Mobile payments rumors continue to churn around Apple

06/04/201406/01/2014 Stephen Vagus

Apple may be engaging retailers on the matter of mobile money Rumors concerning Apple’s foray into mobile payments continue to circulate. The famed technology company has been very cautious with its approach to the idea of mobile money, citing security concerns as the primary reason for its slow entry into this highly competitive sector. As Apple becomes more comfortable with the concept of mobile payments, however, it is beginning to grow more aggressive with its plans to launch its own platform that will meet the demands of iOS consumers. Apple…

Apple teams with China UnionPay to launch new mobile payments service

05/16/201405/15/2014 Stephanie Beck

mobile commerce payments smartphone shopping

Apple and China UnionPay partner to boost mobile commerce Apple has entered into a partnership with China UnionPay concerning a new mobile payments service. This may be a big move for Apple, who has been somewhat cautious with its participation in the mobile commerce field. Apple has been keen to avoid some of the pitfalls that its counterparts have fallen victim to with their own mobile commerce endeavors. In partnering with China UnionPay, Apple may be ready to break into the mobile payments space more aggressively. New service to faciliate…

Apple brings new POS systems to retail stores to support mobile payments

05/13/201405/12/2014 Stephen Vagus

New POS systems are being introduces to Apple’s retail stores Apple is beginning to introduce new mobile point-of-sale (POS) systems to their physical retail stores. These POS solutions make use of the iPhone 5S and the company’s “EasyPay” system. The EasyPay system has been in place since 2009 and Apple has been using it to provide consumers with more convenience for several years. Apple’s interest in the mobile shopping space has been growing steadily over the past few years, but the company has been very cautious with its entrance into…