American Express Archives

Major credit card networks team up for easier mobile shopping

10/24/201910/24/2019 Jennifer Goula

Shopping via mobile is about to become more convenient. Visa Inc., Mastercard Inc., American Express Co. and Discover Financial Services are part of the world’s biggest card networks that have come together to make easier mobile shopping with credit cards a reality for smartphone users. Mobile shoppers abandoning their online cart costs retailers billions. While there are many convenient ways to pay when shopping via mobile, up until now, credit cards haven’t been one of them. In fact, imputing credit card details on tiny mobile screens causes many mobile consumers…

Apple may see limited success in Hong Kong’s mobile payments market

11/06/201511/04/2015 Sam Lambert

Hong Kong could be a very challenging market for Apple to find a foothold in Apple is expected to bring its new mobile payments service, called Apple Pay, to Hong Kong next year, but the company may find limited success in that market. The company has been working with several banks in order to make the payment service available to consumers, but these banks see little promise in Apple Pay when compared to other services that are becoming available. Apple has already found significant success with its payment service in…

Google launches its new mobile payments service

09/16/201509/15/2015 Stephen Vagus

Google has officially launched Android Pay Google is taking another swing at mobile payments with the launch of its Android Pay platform. The new platform has been officially launched in the United States and is designed to work alongside Google Wallet, which is the company’s initial foray into the mobile commerce scene. Google has worked with various organizations to ensure that its mobile payments service will be as widespread as possible. Currently, Android Pay is accepted at more than 1 million retail locations throughout the United States. Android Pay is…

American Express makes a move on Chinese mobile commerce

09/19/201409/17/2014 Stephen Vagus

Mobile payments continue to grow in China Mobile commerce is making strong progress in China. A growing number of people are using their mobile devices to shop online and this is putting pressure on businesses to become more mobile-centric or risk being left behind by consumers. American Express has announced its partnership with China Mobile, the largest telecommunications company in China. Through this partnership, the two companies will work to promote Hebao, an NFC-based mobile payments system. Hebao aims to make it easier for Chinese consumers to make payments while…

Financial institutions interested in mobile payments flock to Apple Pay

09/18/201409/19/2014 L. Green

qr code transactions mobile payments wallet tablet

Two financial firms announce their support for Apple Pay and the iPhone 6 Beginning next month, iOS users will be able to make mobile payments without any auxiliary device attached to their iPhone. With the launch of Apple Pay and the iPhone 6, Apple is taking its first step into the mobile payments space, and this has attracted the support of prominent financial institutions. Capital One and the Navy Federal Credit Union are the two latest institutions to partner with Apple and its mobile payment service. Capital One and Navy…