Tag: Apple Pay

A consortium of Australia’s biggest banks has abandoned its attempt to negotiate as a bloc with Apple over the cost of using its mobile payment system. Read more: www.bloomberg.com

36% of the merchants surveyed had already installed Apple Pay in their store, and a further 22% said that they would be accepting Apple Pay within 12 months. Read more: www.paymenteye.com

Apple has stepped up its battle with Australia’s banking industry over the future of mobile payments. Read more: www.bloomberg.com

Online stores and other merchants, which accept payments via Yandex.Checkout, Russia’s leading payment service provider, can now offer Apple Pay. Read more: www.finextra.com

The cuts will save businesses up to $350 so they can process more than $12,000 in payments through the mobile payment technology. Read more: venturebeat.com

During the Code Commerce event, Square Cash CEO Jack Dorsey announced that it's integrating it's virtual debit card feature with Apple Pay. Read more: www.engadget.com

In Australian, bargaining cartels can form with permission from authorities, so the banks are seeking to finally create competitors to Apple Pay on the iPhone. Read more: www.reuters.com

Apple announced that its payments service Apple Pay will now support the ability to make donations to non-profits. Read more: www.fintechranking.com

It’s not hard to find a wide range of merchants and businesses jumping at the opportunity to offer their customers a branded way to pay. Read more: www.pymnts.com

Apple’s Q3 2016 results may be overshadowed by its third straight quarter of declining revenue but Apple Pay registered strong growth over the period. Read more: www.fintechroundup.com