Thursday , April 19, 2018

Near-Field Communication (NFC)

COMMENTARY: How Passbook Positions Apple to Command—Not Just Align With—the Payments Industry

By Rick Oglesby, Double Diamond Payments Research With Apple Pay now confirmed to launch on Monday, we are closer to seeing the impact it will have on mobile-payments acceptance, technologies, and standards. In the meantime, much of the debate concerning Apple Inc.’s payments venture has missed a crucial point. While …

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Apple Pay Goes Live Monday, As Apple, Samsung Join ETA

  The date is set. Apple Inc.’s Apple Pay mobile-payment scheme, now with more than 500 banks supporting it, launches Monday, the Cupertino, Calif.-based company announced Thursday. Apple Pay is a payment scheme that has two components. One, available only in the iPhone 6 and 6 Plus, uses a near-field …

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While Smiling on NFC, eBay’s CEO Raises Possibility of PayPal-Apple Pay Link

EBay Inc. chief executive John Donahoe on Wednesday appeared to open a door for PayPal Inc. to serve as a funding source in Apple Inc.’s new Apple Pay mobile-wallet service and to adopt near-field communication to link mobile devices with merchant points of sale. Without saying whether PayPal is actively …

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COMMENTARY: How History Is Repeating Itself With Apple Pay

If you are an issuer of Visa or MasterCard, your deadline for participating in the Apple Pay service set to debut later this month has already passed. It was Tuesday, and issuers didn’t have much time to think about it (let alone perform a technical due diligence or negotiate terms). …

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U.S. Mobile Payments Forecasted to Reach $3.5 Billion in 2014

  Making a mobile payment is not commonplace yet, but the trend is heading that way, at least if a forecast from research firm eMarketer Inc. holds true. Mobile payments in the United States in 2014 are predicted to reach $3.5 billion, more than double the 2013 figure of $1.59 …

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Clover Adding Apple Pay Contactless And In-App Capabilities to Its POS System

  Clover Network Inc., maker of the Clover tablet-based point-of-sale system, will be ready to accept Apple Pay contactless payment and in-app transactions when the scheme is released some time this month. That’s the word from Leonard Speiser, Clover co-founder and president. The Clover POS system will be able to …

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Now the Top Phishing Target, Apple Could Draw More Cyber Crooks with Apple Pay

Apple Inc. is selling a ton of its new iPhone 6 smart phones, but before launching the device earlier this month it had already attracted a much less desirable crowd of devotees: phishers. Among all brands targeted by these cybercriminals, Apple is now tops, and the company’s expected introduction next …

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COMMENTARY: Make No Mistake, Apple Pay Is the Great Enabler of Mobile Payments

By Nate Stewart. Zing Apple Inc. has finally entered the mobile-payments game, and yes, it’s a big deal. The reaction, though, has been veering toward the negative aspects of Apple’s move and how it could hurt different industry players. The reality is quite the opposite. Apple has just become the …

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Huge Softcard Coup with Subway Poses No Threat to Startup Paydiant, Top Exec Says

The telco-controlled mobile-wallet provider Softcard scored a major coup on Tuesday with the announcement that the massive Subway sandwich chain will start accepting its wallet Oct. 1 at its more than 26,000 U.S. locations. When complete, it will be the largest restaurant deployment yet for payments via near-field communication (NFC) …

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Apple Pay Looks To Be a Boost for NFC, But Creates a Question Mark for HCE

Apple Inc.’s new mobile-payment system may be a long-awaited shot in the arm for near-field communication (NFC), but it could also cool off an NFC variant that has caught fire since it emerged only 10 months ago. Apple Pay, which the iconic computer giant unveiled to enthusiastic applause Tuesday, will …

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