Businesses will want to pay attention to this mobile wallet trend ahead of Black Friday

Mobile Wallet - Mobile payments

Companies accepting this form of transaction are seeing improved loyalty from consumers. Retailers are getting ready for their pre-Black Friday sales that will all be a build toward the big day, something that hasn’t been seen in two years in many parts of the country, and mobile wallet trends are being taken very seriously. Merchants across the country have seen a dramatic trend toward contactless payments. As lockdowns and stay-at-home orders eased from the pandemic crisis, consumers heading back into stores have shown a substantial preference toward contactless payment methods…

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Does Apple have the right to the NFC technology used for its mobile wallet?

NFC technology - Apple 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…

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8 Factors to Consider When Buying an ID Scanner

Buying an ID Scanner

ID scanners play a significant role in capturing important information in organizations. These electronic machines read data on ID cards for purposes of identification or proof of age. They are not an incursion to privacy but a verification in adherence to the law for public safety or owner’s measures. Consider these factors before buying an ID scanner. 1. Simplicity A good ID scanner should be user-friendly with the ability to access data quickly. Ideally, it should be an automatic ID scanning device fitted with a large screen for quick and…

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Researchers spot contactless Visa and Apple Pay Hack for unauthorized payments

Apple Pay - iPhone payments

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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HSBC Qatar announces launch of mobile payments services

Mobile payments service - HSBC Building

The financial institution is debuting the transaction and collection service for corporate customers. HSBC Qatar has announced the rollout of a new mobile payments service that it is making available to its personal and corporate customers. The company explained that the feature was launched as a part of the payment digitizing effort. The new mobile payments service will also be simplified in order to target the country’s unbanked sector in addition to visitors to Qatar. This will align the bank’s strategy with the country’s regulator’s ambitions. The second part of…

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