Tech giants' card-less payment services – including Apple Pay, Android Pay from Google and Samsung Pay – aim to ease the path to the truly digital wallet, and researchers project huge growth in adoption by retailers and consumers.
Chip manufacturer Qualcomm has asked a US court to force Apple to pay up royalties for phone patents owned by Qualcomm.
The latest move from Apple may soon lead to consumers leaving their wallets at home, now that a majority of cash registers in the UK will be able to accept Apple Pay mobile payments over £30. According to the vice president of Internet Services at Apple Pay, Jennifer Bailey, more than half of the contactless payment terminals in the UK are now able to accept Apple Pay payments of any value. Previously they had been limited to £30, which is the limit for card readers when dealing with contactless card payments. This limit was set in an effort to prevent…
In the world of Apple Pay and Google wallet, who needs a bank?
Until today, users of Apple Pay in the United Kingdom had a contactless payment limit of £30. That was definitely hurting Apple, who has finally decided to get rid of the limit. Over 50% of contactless payment terminals in the UK now accept Apple Pay transactions of any value.
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Apple’s vision that Apple Pay will one day replace wallets got a step closer, at least in the U.K. now that Apple Pay merchants can accept mobile payments above £30. According to a report in The Telegraph, Jennifer Bailey, the head of Apple’s payments business, said that more than half of the contactless payment terminals located
Google is officially launching Android Pay in Russia after both Samsung Pay and Apple Pay, but at least the local banking support is robust.