Apple Inc is already working towards the expansion of its mobile payments service to leverage on its rising number of iPhone and iPad users and iTunes customers, sources told The Wall Street Journal.
Tags: Mobile payments
PayPal beats Apple Pay as leading mobile payment service in Black Friday 2015; Apple Pay China debut a good sign?
PayPal came out as the leading mobile payment service during Black Friday 2015. Apple Pay will be available in China soon to reach more users.
Samsung Pay May Create Peer-to-Peer Payment via Phones
Samsung Pay is rumoured to make payments between phones a reality, according to reports from various finance technology companies. This will allow payments to be made to a phone as if it were a credit card terminal.
Why Android Pay Will Trump Apple Pay in the Future
Google released Android Pay last September. The payment service has been widely accepted and is going to beat Apple Pay in terms of usage.
Square Cash, the new app on Apple Watch, make fund transfer easy with a few taps
Taking mobile payments a step further, a new app on Apple Watch called 'Square Cash' enables transfer of funds among the users for free of cost. Without using your wallet, one can pay mobile payments using Square Cash on Apple Watch.
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The market in mobile payment or transaction apps using Bitcoin as a payment option is being fueled by a growing interest in average consumers who view payments via their smartphones as an easy way to settle their dues.
Brian Fung, in his report which appeared on The Switch at The Washington Post, said the world is moving away from true mobile payments as evidenced by the presence of plastic card offerings from various companies.
Index, a startup that provides software to enhance customer experience in physical stores, received USD7 million in Series A investment from investors including Innovation Endeavors, of which Google executive chairman Eric Schmidt is a co-founder.
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