payments January 28

AAPL: 94.09

0.67
Stock Chart

Venmo today introduced a new in-app payment option called ‘Pay with Venmo’ for both users and businesses alike. The feature allows vendors to directly integrate Venmo’s payment platform into their checkout process. And user’s can now simply select the Venmo option when checking out in supported apps, and no longer need to type in any credit card information.

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payments October 27, 2015

AAPL: 114.55

-0.73
Stock Chart

payments July 3, 2015

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payments June 24, 2015

Apple Pay is going international starting with the United Kingdom next month. The precise nature of how Apple Pay will work in the UK has been murky, with banks saying different things. Apple has now posted a FAQ to explain the situation.

Apple Pay will work with any current contactless reader. By default, it uses the same technology as other UK contactless cards. This means that performing an Apple Pay purchase will not require a PIN (as is standard with UK Chip and PIN payments). However, the usual £20 limit on contactless transactions does apply … for the time being. When Apple Pay launches in July, almost all merchants will only allow Apple Pay purchases up to £20 …

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payments May 15, 2015

Last month, Apple added 10 new retailers to its Apple Pay website, which brought the total to 68 merchants and more than 700,000 payment terminals. Now, it appears that popular grocery chain Trader Joe’s is preparing to accept Apple Pay in its more than 400 retail locations.

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payments March 31, 2015

Research shared by Phoenix Marketing International offers new data for Apple Pay‘s adoption and performance since it launched in the United States in October last year. The survey polled just over 3,000 credit cardholders to conclude that “11% of all credit card-owning households” and two out of three iPhone 6 users have used Apple Pay. Aside from a high adoption rate for the mobile payment service, the survey also highlights that almost half of those Apple Pay users have used the service just one time. expand full story

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