Apple has recently launched its Tap to Pay on iPhone feature in Apple Stores across the US.
The new iPhone-to-iPhone Tap to Pay feature was first unveiled in February and lets iPhones that were compatible take payments through Apple Pay, contactless credit and debit card, or other digital wallets.
The feature has been tested at the Apple Park Visitor Center earlier in May. And now, Apple has started rolling out its new Tap to Pay on iPhone feature to Apple Store retail locations across...
Modern technologies are developing so rapidly that sometimes it even gets scary. A few decades ago, no one could even think that they would pay in stores, gas stations, medical centers, etc. using a tiny piece of plastic. But nowadays contactless cards and even digital wallets in smartphones are widely spread.
In a few words, contactless or “tap and pay” payments allow carrying out transactions without swiping or inserting a card into a checkout terminal. It is much faster and easier for...
Thanks to a new agreement between Chase Pay and Samsung, Chase customers can link their Samsung Galaxy smartphones to their credit cards and checking accounts, enabling them to pay for purchases via mobile app at millions of stores across the country.
Samsung Pay is the most widely accepted mobile payment product in the United States, and joining forces with Chase Pay means even more convenient and rewarding payments for Chase customers. By linking Chase Pay and Samsung Pay, Chase...
JPMorgan Chase and Merchant Customer Exchange (MCX) have inked a deal that will allow Chase Pay, the mobile and digital wallet that Chase customers can use for easier access to their finances, to expand to new merchants over the coming year.
Chase Pay, which launched in November 2016 after a series of delays, initially included Best Buy as their biggest name partner. But acquiring MCX’s payments technology will allow them to add MCX merchants such as Walmart, Shell, Phillips 66 and...
Mobile checkouts are becoming more popular, and PayPal is coming out on top when it comes to mobile wallet checkout options. PayPal showed a conversion rate of 87% on a recent study of online buyers’ behavior. The next-highest conversion rate scored 36% lower than PayPal’s average rate.
PayPal’s One Touch service added 59 new markets in the last month, making it now available to people in 203 markets total. It launched one year ago and has become one of the fastest adopted products in...
More and more card-linked transactions are happening, according to the CardLinx Association’s annual card-linking industry survey. The report from February 2016 shows that card-linked transactions have grown by more than 50% in the last year.
Card-linked transactions are those in which customers link their credit cards or debit cards to digital coupons, loyalty programs, or mobile wallets. Benefits and discounts are automatically applied when consumers complete their transactions, without...
A plethora of new mobile finance apps are making it easier for folks to manage their money with the swipe of a screen. Banking apps from Chase, Citi, Well Fargo, and Bank of America have all been recently updated to make it easier for customers to keep track of what they are spending, and where.
Research has found that people are taking advantage of these apps to take control of their spending, get rewarded for purchases, and make life simpler. Though some people have concerns about...
As 2016 gets started, one thing is certain: this is shaping up to be the year of the smart payment technology security boom. Technological advancements that have brought smart wallets and mobile payments to the mainstream now must be matched with advancements in security that will keep folks from becoming victims of identity theft and credit card fraud.
Leaders in the smart payments space include NXT-ID, Apple, Google, Wal-Mart, and PayPal. SoundView Technology Group recently released a...