What Does Future Hold for Apple Pay?
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....
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Bitcoin payments service provider Bitpay has added support for Apple Pay. Holders of a Bitpay prepaid Mastercard in the U.S. can now add it to their Apple Pay app to make payments for goods and services. Bitpay says that Google Pay and Samsung Pay will also be added in the near future. Bitpay Cardholders Can Now Use Apple Pay Bitpay announced Friday its support for Apple Pay. U.S.-based Bitpay debit card users can now add their Bitpay card as a funding source inside their Apple Pay app. This will allow them to make online and in-store purchases with cryptocurrencies wherever Apple Pay is....
Apple is taking an unusual stance on privacy. The company has no plans to collaborate with law enforcement on decrypting their own devices, though. Instead, the technology giant will focus on differential privacy, to compete with Google and Facebook. Apple has been making media headlines regarding privacy in the past few months. Ever since the San Bernardino case, the company has been adamantly clear on its position. CEO Tim Cook stated how Apple will not weaken device encryption because law enforcement agencies feel they need to. After all, the company is primarily in the business of....
In a series of announcements at its developers conference, Apple has revealed a number of expansions for the Apple Pay Digital Payment service. The biggest news is that Apple will expand the service and launch a UK market in the following month, making it the first expansion outside of the US. Apple Pay will partner with eight of the largest banks in the UK to support more than 70% of all credit and debit cards within the country. Apple Pay will also be usable in more than 250,000 locations in the UK which include more retail stores than were available at launch in the US. Additionally,....
A new bitcoin app for iOS devices was launched over the weekend and its developer claims it is currently the only bitcoin app available for Apple devices that can carry out transactions. Named Bity, the app lets users send bitcoin only after agreeing that they will not hold Apple responsible for any problems they may experience during the transaction. Unlike Google, Apple vets all submissions to iTunes and it does not accept apps with bitcoin wallet functionality. Developers have been working to get around the ban, usually by offering browser-based bitcoin functionality through Safari. One....
At today’s funeral proceedings, we are here to mourn the passing of a not-so-new technological program. In history’s wake, here lies the centralized carcass of Apple Pay, the establishment’s last gasp attempt to head off “The Future of Money”, Bitcoin, as the next-generation of payment technology. Would anyone like to say a few words on the behalf of the deceased? Anyone? Anyone? Bueller? Some would say that Apple Pay and Bitcoin are not competitors, but I’d bet to differ. Bitcoin’s primary application in the mainstream is as a currency and form of payment, which Apple Pay is, just without....