NCR Exec: Merchant Response to Bitcoin Eclipsed Apple Pay
Bitcoin has been the most well-received alternative payment method that NCR Silver has added to its point-of-sale (POS) platform, according to product manager Reggie Kimble. Speaking to CoinDesk about his company's new partnership with bitcoin merchant processor BitPay, Kimble suggested that the addition of bitcoin payments has so far garnered more attention than integrations for options such as Apple Pay and PayPal. Kimble said: "When you look at our past alternative payment methods, I would say this has probably been the most well-received in terms of people commenting and people....
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The Blockchain.info app on the iOS App Store has been removed by Apple today, in a shocking move the company says has been caused by "an unresolved issue". Blockchain.info's application was the last remaining bitcoin wallet on the app store, with others being taken down in a similar fashion by Apple. Even Coinbase's app found itself removed a mere three weeks after it was released. A lengthy response to Apple's moved was published on Blockchain.info's blog Wednesday evening. These actions by Apple once again demonstrate the anti-competitive and capricious nature of the App Store policies....
Apple recently announced that it is going to extend its Apple Pay service to United Kingdom. Apple Pay is a mobile wallet and payment system launched late last year. In spite of the usual Apple's way of presenting things along with relevant technical components, enabling contactless and in app payments failed to meet the expectations after many retail chains and companies refused to adopt it. During the launch of Apple Pay, the company announced that it is going to collaborate with all major banks, credit card companies and retail chains to ensure countrywide usage of Apple Pay in the....
As the technology wars heat up in the merchant payment industry, the establishment's foray known as Apple Pay has run into some major identity theft and fraud issues. NFS (Near Field Communications) may be clever. Biometric fingerprint scans into iPhones can make a user feel safe and secure, or just forward the user's information to unknown third parties. At the core of the problem is the weakest link in the Apple Pay chain. The debit card itself. Fraud and Identity Theft quickly join Apple Pay. Apple gets a nice .15% fee for every Apple Pay based on Apple's salesmanship on the idea that....
Square CEO Jack Dorsey has issued new statements suggesting that the mobile payments giant may seek to add bitcoin to its Register product. Dorsey's comments came in an interview with the CBC, in which he was asked for his response to the introduction of Apple Pay to the mobile payments market. Noting that Square offers a terminal product that can accept a variety of payment methods, including Apple Pay, Dorsey told the media outlet: "We're building a register so that sellers can accept a credit card, so they can accept cash, so they can accept a cheque, so they can accept bitcoin and so....
American multinational banking and financial services holding company JP Morgan Chase & Co. has announced the launch of its own version of a mobile payment system, Chase Pay, which will allow users to pay major retailers and merchants in the U.S, including the country’s largest retailers Walmart and Best Buy. As a rival platform, the bank’s mobile payment network is set to challenge Apple Pay in various strategies. For example, since its launch a year ago, Apple Pay failed to convince major retailers including Walmart and Best Buy to accept payments through its technology. In fact,....