The service, already available for Apple device users since last year, is now widening its reach. Stripe has announced that it is expanding its Tap to Pay mobile payments feature to Android devices that are enabled with near field communication (NFC) technology. The financial services company was the first company to become a Tap to Pay partner with Apple. The partnership between Apple and Stripe made it possible for any NFC enabled Apple device – from the iPhone to the Apple Watch – into a device that can be used…
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NFC technology experiences considerable surge in global use
A recent survey shows that consumers have a greater awareness of the tech and are satisfied by it. A new study conducted by ABI Research has shown that consumers are considerably more familiar with NFC technology, and they are more satisfied with it as well. Over eight out of every ten consumers have used a contactless card or mobile payment wallet. According to the research, more than 85 percent of consumers have used NFC technology in the form of a “contactless card or mobile payment wallet.” Moreover, they have increased…
Read MoreDoes Apple have the right to the NFC technology used for its mobile wallet?
Aire Technology patent-holding company has filed a lawsuit against the iPhone maker. Irish patent-holding company Aire Technology has sued Apple over alleged patent infringement for the NFC technology and digital wallet tech used in many iPhone models. The lawsuit was filed with the US District Court for the Western District of Texas. The company’s lawsuit asserts that Apple products such as the iPhone and Apple Watch “that support NFC and/or mobile payment applications, such as Apple Pay […] infringe at least one claim” of three US patents. Those patents were…
Read MoreGoogle Pay, Apple Pay and mobile payments are ubiquitous except in smaller areas
It may seem that smartphone transactions are everywhere, but small communities are being left out. Being able to accept mobile payments through services such as Apple Pay and Google Pay have offered powerful advantages to both businesses and customers, but research is showing that smaller communities are being left out of this benefit. Despite widespread recognition and adoption, contactless smartphone payments are limited in small communities. Though the use of mobile payments in small communities and rural areas isn’t non-existent, it remains limited at best. The businesses offering these transactions…
Read MoreChinese QR codes remain head and shoulders above NFC technology
When it comes to m-commerce and mobile payments, consumers in China prefer quick response codes. Despite the fact that mobile payments based on NFC technology are present, Chinese QR codes remain most popular. Apple Pay, for example, didn’t make it into the country until 2016. This gave quick response codes lots of extra time to make it into mainstream use. Mobile payments are commonly used in China, but NFC isn’t the top tech. Two mobile payments services had been available for quite some time and used QR codes. Tencent launched…
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