A survey released last week by Wells Fargo found that a majority of small business owners aren’t prepared for the October deadline to switch from traditional swipe-and-sign credit card transactions to the supposedly more secure chip-and-PIN card system. Now, one mobile payment company says it wants to take some of the burden off the shoulders of these companies by offering to pay for any charges incurred from a breach — as long as the business owner has ordered its new card reader. [More]
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Square Trying To Help Small Businesses Meet October Deadline For New Chip & PIN Credit Cards
By 8.13.15
Rite Aid Changes Its Tune, Will Now Accept Apple Pay
By 8.11.15
In a reversal from its sudden decision in October last year to stop accepting Apple Pay at its stores after just a week of offering that option to shoppers, Rite Aid has announced it’s going back, and will allow it as a form of payment starting Aug. 15. [More]
American Express Creates Its Own Version Of PayPal: Amex Express Checkout
By 7.9.15
It might be hard for one to argue that there’s a lack of options when it comes to digital wallets and mobile payment systems. The list that includes among others Apple Pay, PayPal, Google Pay, and Square is getting longer as American Express announced today that it would make a foray into the increasingly crowded sector with Amex Express Checkout. [More]
Apple Pay To Include Store Credit, Rewards Cards
By 6.8.15
Apple Pay is expanding its usability beyond just your bank-issued debit and credit cards. Today, the company announced that the payment platform will soon include the ability to pay with some store-branded credit cards and for users to access certain store rewards cards. [More]
Target Wants To Perfect Chip-and-PIN Before Venturing Into Digital Payment Methods
By 5.28.15
Consumers and businesses alike are always seeking out ways to streamline the checkout experience, most recently with mobile payment systems like Apple Pay and Android Pay. But there’s one major retailer that won’t be jumping into new payment options just yet. [More]
Apple Pay Unavailable At Home Depot As Retailer Upgrades Payment Terminals
By 5.5.15
Though Home Depot was never officially a partner with Apple’s Apple Pay mobile payment platform, which allows users to pay using credit card information stored their phones, the home improvement chain’s NFC-enabled checkout terminals worked with Apple Pay — until recently, that is. The retailer has begun the process of upgrading its in-store payment system, meaning that Apple Pay and other mobile payment platforms are now unavailable. [More]
Best Buy Changes Mind, Ends Its Ban On Apple Pay
By 4.28.15
When Apple Pay launched last fall, Best Buy was among the most high-profile retailers who refused to accept the new mobile payment platform because of its allegiance to the in-development CurrentC, a competing service from a Walmart-led coalition of retailers. But with CurrentC’s rollout still lingering in the vague future, Best Buy has decided it’s time to give Apple Pay a shot. [More]
Apple Pay Now Accepts All Major Credit Cards After Finally Adding Discover
By 4.27.15
Apple Pay now supports all major U.S. credit card companies, after Discover and the payment system finally reached a deal. [More]
AmEx, Jawbone Partnership Allows Customers To Buy Things Using Fitness Trackers
By 4.15.15
Using your phone to pay for things at the register is so 2014. With the soon-to-be released Apple Watch allowing payments to be made with a flick of the wrist, other wearable companies are jumping on the bandwagon. Case in point: a new joint venture from Jawbone and American Express. [More]
Study: People Try Apple Pay Once, Don’t Go Back
By 3.31.15
The prospect of using our phones in place of wallets is exciting to absent-minded people everywhere, but how well is adoption of mobile payments going in the real world? A recent survey looking at adoption of Apple Pay a few months out from its introduction shows that consumers are enthused about it, but are having trouble finding retailers where they can use the service. [More]
Report: Stolen Credit Card Information Used By Fraudsters To Make Purchases With Apple Pay
By 3.6.15
A rash in data breaches at national retailers may have led fraudsters to use Apple Pay to make big-ticket purchases with credit card information stolen during national data breaches. [More]
JetBlue Becomes First Airline To Accept Apple Pay For In-Flight Purchases
By 2.10.15
Paying for in-flight purchases can be a pain. First you have to remember whether or not the airline accepts only cash or credit card, then you have to squirm around trying to find your wallet. JetBlue airlines is aiming to take the nuisance out of making purchases by being the first airline to accept Apple Pay as payment.
Apple Pay Gets More Useful, Coming To 200,000 Vending Machines & Other Self-Serve Devices
By 1.27.15
Apple Pay is not (yet) available at some of the nation’s largest retailers as they prepare to introduce their own mobile payment system, meaning you can’t use it to buy a week’s worth of groceries at Walmart or a TV at Best Buy, or even pay for your prescriptions at CVS and Rite-Aid. But what about those transactions on the opposite end of the spectrum, the ones with dollar values so small that you may feel odd not paying in cash? One company says it will be bringing Apple Pay to hundreds of thousands of vending machines and other self-serve devices. [More]
Square CEO Says Company Will Accept All Forms Of Payment, Even Apple Pay
By 11.21.14
While Walmart and other major retailers are deliberately holding off on accepting Apple Pay because they are developing a competing mobile payment system, there are plenty of small businesses who want to offer Apple Pay but don’t want to invest too much in the equipment required to accept it. The folks at Square, which turns your smartphone into a card reader, hope to remove that roadblock early next year when they start enabling clients to accept Apple Pay. [More]
Walmart-Led Apple Pay Competitor Requires Months Of Exclusive “Breathing Room”
By 11.4.14
Even though it hasn’t launched, mobile payment system CurrentC is already making headlines, and not just for being hacked. It’s also the reason iPhone 6 users can’t use Apple Pay at some of the country’s biggest stores, including Walmart, CVS, and Best Buy. But the CEO of the Walmart-led consortium behind CurrentC says that its backers won’t be blacking out Apple Pay forever. [More]
CurrentC, Walmart-Led Competitor To Apple Pay, Has Already Been Hacked
By 10.29.14
A number of major retailers, most notably Walmart, have yet to allow shoppers to use the recently launched Apple Pay system at checkout, and national drugstore chains Rite-Aid and CVS stopped offering Apple Pay as an option after only a few days. That’s because all of these retailers are part of a consortium working on a competing system called CurrentC, which by the way, has already been hacked. [More]
Why Did CVS & Rite-Aid Stop Taking Apple Pay?
By 10.27.14
After nearly a week of accepting payment via the recently launched Apple Pay system, both CVS and Rite-Aid suddenly stopped offering this option to shoppers over the weekend. And neither retailer is giving a reason why, though it appears to be part of a retail-industry effort to eventually roll out its own payment system. [More]
Apple Pay Lets Man Scan, Use Wife’s Citi Credit Card Without Additional Verification
By 10.24.14
One of the neat features of the new Apple Pay system is that it lets iPhone 6 users quickly scan and verify credit cards into their Passbook so they can use those accounts without ever providing participating businesses with their card numbers. But how easy is it to just scan in someone else’s card and start using it without that person’s permission? [More]
