Tag: Apple

The Australian Competition and Consumer Commission has denied authorisation for banks to collectively bargain with Apple and boycott Apple Pay. Read more: www.finextra.com

Circumventing established parts of the financial system’s “plumbing” such as Visa and MasterCard is hard. Read more: www.cityam.com

Dong Ximiao was buying a meal at KFC and pulled out his phone to pay, like everyone does in China, when the cashier asked: “Alipay or WeChat Pay?”. Read more: www.bloomberg.com

Apple Pay is now live in Ireland, almost three years after the service first debuted in the United States. Read more: www.mobilepaymentstoday.com

Apple Pay is now dominating its home country, the US, but the same can’t be said of China where it is up against a different set of challenges. Read more: techcrunch.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

PayPal announced that its app for devices running iOS 10 now lets users tell the virtual assistant, Siri, to send or ask other people for money. Read more: www.fintechranking.com

OCBC has become the first bank in Asia Pacific to let customers send cash through Siri. Users can send money with a voice command via Siri, then use the OCBC Pay Anyone mobile e-payment service. Read more: www.bankingtech.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