Tag: Apple Pay
Mobile Payments are going the wrong way. It appears that the usage of Apple Pay on the iPhone is now declining compared to where it was in June 2016, sending a worrying signal for the outlook for mobile payments in general. The most recent data from PYMNTS.com (see here) shows that both adoption of Apple Pay […]
A group of powerful Australian banks have lost their battle with Apple Pay after the country’s consumer commission denies their authorization to collectively bargain. A new ruling by the Australian Competition and Consumer Commission has denied a request by the Australian banks, Commonwealth Bank, Westpac, National Australia Bank, Adelaide and Bendigo Bank to bargain with […]
The Australian banking industry is in an increasingly bitter dispute. Things are starting to heat up down under in a fight over access to the iPhones NFC chip. This week Apple accused an Australian banking consortium of attempting to delay & block the expansion of Apple Pay into the country. In a statement received by […]
SYDNEY (Reuters) – Macquarie Group and ING Direct on Friday said they would start using Apple Inc’s mobile payment service in Australia this month, hoping to snatch market share from the major retail banks through digital technology. So far only one of the major banks, Australia and New Zealand Banking Group, has adopted the Apple […]
SYDNEY (Reuters) – Australia’s antitrust regulator said on Tuesday it is likely to deny four local banks permission to collectively bargain with Apple Inc in relation to its mobile digital payments system. But the preliminary decision was “finely balanced” and could be reversed if the banks make a convincing case before a final opinion is […]
As I am sure many of you will remember, the thing I was most wrong about – ever – on the Tomorrow’s Transactions blog was that I was convinced that Apple would not bother with an NFC interface for the iPhone. Luckily, my blog is not a blockchain, so I could go back and delete […]
CHICAGO (Reuters) – Wal-Mart Stores Inc said on Wednesday it has completed the rollout of its Wal-Mart Pay mobile payment service across the United States and that 88 percent of transactions on the payment app are from repeat users. Overall transactions on the app, which the world’s largest retailer launched in December, jumped 45 percent […]
There’s been a lot of comment recently about the success of contactless payments in the UK. I’m a big fan of contactless payments, especially when they’re secured and tracked using Apple Pay. Contactless takes some of the friction out of paying and delivers a simpler consumer experience. However despite the growth in contactless, the reality […]
A funny thing happened on the way to the Tomorrow’s Transactions Forum. I arrived in good time (it’s always best to add on a few minutes to give yourself time to buy a ticket) for the 7.39 Flying Glacier to Waterloo via Misery and Degradation. Hurrah!When I got into the ticket hall I discovered that […]
When mobile payments first appeared, companies majored on the increased transaction speed. This, in our opinion, was ludicrous. Instead of a transaction time of 12 seconds, during which you can sort your bag out and ask the cashier whether he is having a nice day, transaction times could now be dramatically reduced. To about 10, […]
Recent Comments