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Weve drops wallet plans?

UK carrier owned mobile commerce venture Weve has cancelled its planned mobile wallet service in the wake of the Apple Pay launch, The Telegraph reports. “A source at one mobile operator said Apple’s move meant…

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Apple confirms NFC chip lockdown

Access to the NFC chip in the iPhone 6 and 6 Plus will be available only to Apple Pay, an Apple spokeswoman has told Cult of Mac. Whether that restriction applies only to the secure…

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Transcript: Apple VP Kevin Lynch and CEO Tim Cook show off how Apple Watch can be used beyond payments

As well as using the device to make payments with the new Apple Pay mobile payment service, Apple Watch wearers will be able to use their smartwatch as a boarding pass and to unlock their…

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Video demos show how Apple Pay users will make a payment with the iPhone 6

Videos of Apple staff demonstrating how Apple Pay will be used to make payments in stores and for in-app purchases have now been made available, providing further details of how the new mobile payments service…

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How Apple will generate revenues from mobile payments begins to become clear

An innovative biosensor security function built into the Apple Watch and the Touch ID fingerprint sensor in the iPhone 6 and iPhone 6 Plus will work in combination with NFC and tokenization to provide additional…

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Discover in talks on Apple Pay support

“We are in discussions with Apple to add Discover cards to Apple Pay in the future,” a representative of the US payment network has revealed on Twitter. Visa, MasterCard and American Express have already signed…

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MasterCard issues European contactless POS mandate

European merchants who accept either MasterCard or Maestro will be required to switch to contactless POS terminals by 1 January 2020, “ensuring that consumers will be able to pay with their contactless cards and NFC…

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MasterCard launches MDES token platform for mobile payments

MasterCard has announced US availability of a token platform that enables card issuers to store tokenized versions of their customers’ card details on Apple’s new NFC devices as well as NFC phones and tablets from…

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No support for carriers’ NFC SIMs in Apple devices?

Softcard, the US carrier-backed NFC venture formerly known as Isis, won’t have access to the NFC support in the new iPhone 6, iPhone 6 Plus and Apple Watch until 2015, a blog post by CEO…

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iPhone, NFC and Apple Pay: How should banks react?

PARTNER VIEWS: The launch of Apple Pay “is good news for US iPhone users who want to ‘tap to pay’,” Martin Cox, global head of sales at Bell ID, writes in a blog post. “But what…

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