Apple Pay

Apple Proposes Opening Apple Pay Tech to EU Rivals: Report

Apple has proposed allowing competitors access to its Near-Field Communication (NFC) technology, used in mobile wallets like Apple Pay, according to three sources familiar with the matter, reports Reuters. This move could potentially settle ongoing European Union antitrust charges and avoid a significant fine. Last year, the EU's competition watchdog accused Apple of restricting competitors'...

BMO Debuts Virtual Corporate Mastercards with Apple Wallet Support

Bank of Montreal (BMO) has teamed up with technology partner Extend to introduce a new feature for its Corporate Card clients, offering them the ability to create and send virtual cards for more efficient and secure payment management. The initiative aims to simplify the payment process for businesses, providing them with greater control over expenses....

Apple Unveils ‘Apple Pay Later’ for Interest-Free Instalments in the U.S.

Apple announced the launch of 'Apple Pay Later' in the United States, a new feature that enables customers to split purchases into four interest-free payments over six weeks without any additional fees. The feature was first announced at WWDC in 2022. The iPhone maker says this solution aims to support users' financial well-being and can...