Apple is planning to bring its payment service, Apple Pay in India. During his recent visit to India, Eddie Cue, SVP for internet services and software admitted that seeing more and more international payment mechanisms entering India has encouraged Apple as well. Earlier in September, iGyaan had reported that Apple has begun testing Apple Pay in India and launch the payment service by the end of 2017.
It is great that all of these payment mechanisms is coming out in India because it empowers people to be able to pay. What Apple pay does is make that process easy, integrated and safe. We absolutely want to bring Apple pay to market here
Apple Pay securely stores credit [...]
On September 12, Apple launched the iPhone 8, 8 Plus, the eagerly awaited iPhone X along with Apple Watch Series 3 and Apple TV 4K. Apple also announced that the global rollout of iOS 11, which was announced at the WWDC 2017, will start seeding to compatible iPhones and iPads on September 19. One of the most popular features available on iOS devices is Apple Pay, which is not yet available in India. However, sources close to iGyaan tell us that Apple has begun testing Apple Pay in India and will be introduced in the country by the end of 2017. Sources tell us that Apple is in talks with several merchants like Starbucks and Croma stores, and banks like HDFC Bank, Standard Chartered, [...]
Because many retailers still don’t offer NFC support for payments, life is still not as easy as it could be if among other things smartphones could also be used to do ATM transactions as well. This is precisely what Bank of America and Wells Fargo are working on offering at their ATMs in the US.
“We’ve been working on the technology that allows us to hook to digital wallets, leveraging NFC on mobile phones to replace the card at the transaction at the ATM. Right now the wallet that we support is Android Pay,” says Jonathan Velline, Wells Fargo’s Head of ATMs.
Similarly, Bank of America is also working of employing NFC at its ATMs. It should be made [...]
Apple is in talks with a number of top U.S banks to create its own person-to-person mobile payment service, which could see an early 2016 launch. Banks like Chase, Capital One, Wells Fargo, and U.S. Bancorp have discussed the prospects with Apple.
Apple Pay currently deals with sending money to businesses, but that could change by next. Currently, apps like PayPal’s Venmo and Google Wallet allow for person-to-person transactions, while some banks have their own apps that allow you to make payments directly. To get this plan off the ground, Apple will have to navigate its way through individual bank platforms and find a way to incorporate the banks within the Apple Pay [...]
The internet has been abuzz with rumours suggesting that Instagram was experimenting with 3D advertisement techniques in order to exploit Apple’s 3D Touch and the Apple Pay technology on the new iPhone 6s and 6s Plus.
According to rumours, Instagram was believed to be working on this new project in order to increase its financial gains. They wanted to do this by allowing users to make purchases directly from Instagram using Apple Pay and Force Touch.The iPhone’s new Force Touch technology would now offer Instagram users more than just two options -to buy or browse- when [...]
Mobile payment seems to be the next big thing getting users excited in the tech world. It refers to transactions, under specific financial regulations to ensure safety, using a mobile device. The latest company to be in news related to this tech development is Samsung, creating headlines with Samsung Pay.
The newest service of the company has been launched in its home country of South Korea less than a month ago, and the company claims it has already witnessed transactions amounting to $30 million. This amount is spread across 1.5 million transactions. They were made by people who were active throughout the course of [...]
Apart from its burgers and fries, McDonald’s is also known for being quite tech savvy. They have free Wi-Fi, complimentary iPads and were even one of Apple Pay’s first few partners. Now, recent information also suggests that the McDonald’s is preparing employees to be ready for the new Android Pay system.
The exact date of release, that has been indicated by a leaked memo is said to be on the 26th of August 2015. The Android Pay was announced at Google’s I/O developer conference in May and is said to launch in the United States first.
The WWDC 2015 kicked off in style. Along with introducing iOS 9 and OS X El Capitan, another set of important announcements made by the tech giant were about Apple Pay, the company’s NFC and Touch ID-based mobile payment solution.
Jennifer Bailey, Vice President of the Online Store of Apple, came up on stage to talk about the service. She announced that it will finally be made available in the UK, from July 2015. People will now be able to make quick transactions at Boots UK, BP, Costa Coffee, Dune, JD Sports, KFC UK & Ireland, Liberty, LIDL, Marks & Spencer (M&S), McDonald’s UK, Nando’s, New Look, [...]
Along with unveiling the brand new version of Android OS, Android M, at the annual developers conference I/0 2015, Google cleared its vision to help customers buy regular products with utmost ease. The tech powerhouse showed the Android community its recent development on mobile payments that made Android lovers applaud Google. The ace up its sleeves was Android Pay, through which Google was aiming at Apple’s contactless payment service, Apple Pay. However Android Pay came late into the mobile payment battle, it has certain distinctive features that would strengthen its position in this domain. Let’s check out how it works and how it can contribute to [...]
Smartphones have become an even essential part of our lives. With the addition of payment systems, smartphones will soon take over the role of your wallet. While Samsung and Apple have already introduced their payment systems, other manufacturers are joining in. Microsoft, the makers of Windows Phone devices, have also announced that they will be unveiling their payment system soon.
Microsoft had showcased a tap to pay feature on its devices at a conference for Windows hardware makers in China. It was said then that this feature would not require support from the network operators. Just like Samsung and Apple Pay, this [...]
Samsung has announced its own version of Apple Pay, titled Samsung Pay at MWC 2015. With S-Pay customers can make secure mobile transactions. Samsung has collaborated with Visa and Mastercard and is planning to further expand the eco-system with the likes of American Express, Bank of America, Citi, JP Morgan and US Bank.
Samsung offers this capability by deploying a technology called Magnetic Secure Transmission (MST). Consumers can use Samsung Pay in merchant locations regardless of whether the terminals support NFC or traditional magstripe, which is the vast majority of existing terminals.The system essentially [...]
Just when we thought that we knew everything important about Apple’s much-awaited Watch, there was another significant disclosure by the company. The CEO of the organization, Tim Cook, took to the stage to enlighten the audience about the magnitude of the Apple Watch and informed that it has the power to replace your car keys.
Cook further stated in an interview given to The Telegraph that the Watch is designed in a way to replace car keys, so as to get rid of the clumsy, large fobs used for vehicles. Commenting on the battery of the wrist gadget, Tim elaborated its battery will go on for a full day and the charging [...]
