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Apple was sued on Monday, July 18, in a proposed class action by payment card issuers accusing the iPhone maker of abusing its market power in mobile devices to thwart competition for its Apple Pay mobile wallet, Reuters reported. According to a complaint filed in San Francisco federal court, Apple “coerces” customers who use smartphones, smart watches and tablets into
Apple announced that the number of merchants that support Apple Pay is expanding. Apple says that seventy-four of the top 100 US merchants now accept Apple Pay. Target, Taco Bell, Hy-Vee supermarkets in the Midwest, Speedway convenience stores and Jack in the Box are the latest merchants to support Apple Pay, the most popular mobile contactless payment system in the
7-Eleven announced in a press release that Apple Pay and Google Pay will be accepted in most of its U.S. stores throughout September. This follows 7-Eleven's previous acceptance of Samsung Pay. “Frictionless experiences are in the future, and digital payments are key to such experiences. Consumers prefer shopping at retailers that offer digital payment capabilities,” said Gurmeet Singh CDO and
Credit cards, debit cards, rewards program cards, ID's... The list of small plastic rectangles we're saddled with is just one of the costs of doing business in the 21st century. Technology has been relatively slow in terms of providing solutions to the glut of cards we have to carry around every day. The rise of mobile apps has given us some
NFC, short for Near Field Communication, is a technological set of standards that has been around for several years. Many Android phones have come equipped with NFC chips for several years. Some retailers along with fast food outlets such as McDonald’s support NFC transactions on every credit card reader. My first NFC-enabled phone was a Galaxy S3, but I never