Apple on Thursday said that its mobile payment system – Apple Pay – will go online starting the 20th of October, 2014, when the company rolls-out iOS 8.1, a new major update to the mobile OS from Apple. While the Apple Pay could eventually be a revolution, the vast majority …
Read More »Apple iPhone 6’s NFC chip is restricted to Apple Pay terminals
Although Apple’s latest smartphones support near-field communication (NFC) technology, this technology will only be compatible with Apple Pay terminals and will not work with anything else. The reasons why Apple decided to restrict usage of NFC are unclear, but it looks like the new iPhones will not work with other …
Read More »Apple announces Apple Pay, aims to transform mobile payments
Apple on Tuesday introduced its Apple Pay system designed to significantly change the way people make purchases. Apple promises that its system will make payments easier, more secure and more private thanks to the fact that details about actual credit or debit cards will be hidden from personnel who processes …
Read More »Apple’s iWatch to feature NFC mobile payment system
Apple’s upcoming smartwatch devices will include the company’s payment system that will allow their owners to pay for goods in certain stores. The technology will significantly expand usage of the iWatch and will greatly improve buying experience. The Wall Street Journal reports that the addition of NFC tap-to-pay technology will reflects …
Read More »Apple teams up with Visa, MasterCard, AmEx for iPhone wallet
Along with its next-generation iPhone smartphone and the iOS 8 operating system Apple plans to introduce its own mobile payment system in September, which will let consumers to securely pay for items in stores with the touch of a finger. Bloomberg reports that Apple’s payment system, which will rely on …
Read More »Ten million credit card holders hacked – were you hit?
The universe is all about action and reaction. You can tell how bad something was by the things that follow. Seeing Visa shares drop in value by almost 1% in a day and Mastercard by almost 2%, tells you almost everything you need to know. KitGuru fills in the scary …
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