Apple Pay could turn over $1B
Consumers could spend more than $1 billion per month in Australia using Apple Pay despite the service only being available to American Express card users, according to research.
Consumers could spend more than $1 billion per month in Australia using Apple Pay despite the service only being available to American Express card users, according to research.
From today, Apple Pay will be available in Australia for contactless payment solutions on select iOS devices, but only for American Express customers.
It's the biggest week in payment technology since Apple Pay was introduced last year, and the changes could have a long-term impact on how you buy goods and services in stores.
Apple Pay will launch in the U.K. in July, where it will initially work at 250,000 retail locations and the London transit system -- with credit card support from eight major banks, Apple announced Monday.
The NSW government will roll out a platform by the year’s end that will support PayPal and new payment types such as MasterPass, VisaCheckout, and Apple Pay when it becomes available in Australia.
Suncorp Bank has revealed it will soon support contactless mobile payments on Apple iOS and Google Android devices.
It looks like an exciting year ahead for the mobile payments space, as analysts predict Apple Pay to be the leader in mobile wallets, banks to give up some control to gain influence in the market, and more people using the Bitcoin blockchain concept to develop new financial products.
When Smoothie King decided to change its point of sale system, the company didn't just make alterations to what was currently in more than 600 stores. It scrapped the whole thing.
While major retailers hem and haw about whether to use Apple Pay vs CurrentC, security experts say those concerned about their safeguarding their credit data might be wise to hold off using either of the payment systems until they've really been vetted for vulnerabilities.
Long dominant in PCs, Intel is using its vast cash resources to chase hot new product categories, investing in up-and-coming Chinese companies that could help expand its presence in the mobile, wearable and Internet of Things markets.