near field communication

Walmart, Best Buy Won’t Accept Apple Pay At Their Stores

Walmart, Best Buy Won’t Accept Apple Pay At Their Stores

Though the highways and byways of America may be dotted with their stores, customers shopping at Walmart and Best Buy won’t be able to pay for stuff using the new Apple Pay system announced this week. Both retailers are eschewing the near-field-communication (or NFC) method of payment in favor of another mobile wallet application. [More]

Citigroup Developing Citi-Branded Phone That Can Make Contactless Payments

Citigroup Developing Citi-Branded Phone That Can Make Contactless Payments

Do you wish you had a way to spend your money more easily, without all that opening-the-wallet or punching-the-pin-number manual labor? The trade publication Cards & Payments (registration required) says that it’s received a copy of a report filed with the FCC that indicates Citigroup is developing a Near Field Communication, or NFC, mobile phone that would allow its customers to make contactless payments at participating retailers.