iWallet

Apple’s Mobile Payments Rumoured to Include Loyalty/Rewards Program

More details are emerging about what could be included in Apple’s rumoured mobile payments plans. Bank Innovation cites multiple unnamed sources noting Apple has plans to launch a pilot program to engage merchants, possibly setting up plans for an Apple-led loyalty/rewards program: Apple will be launching a pilot program to develop partnerships with merchants, including...

Apple’s Mobile Payment Platform Unlikely to Generate Revenue

Computer Services experts at investment firm J.P. Morgan as well as analyst Rod Hall and his team have concluded that Apple might debut its so-called ‘iWallet’ service as merely a credit card proxy system that would allow people to carry virtual versions of select credit cards on their mobile devices (via AppleInsider). Hall adds that Apple would only...

Apple Reportedly Gearing Up ‘iWallet’ Plans, Could Possibly Launch This Fall

‘EasyPay’ concept by Ricardo Del Toro Can we expect some sort of mobile payments to launch this fall from Apple? Payment-industry executives tell The Information this could be possible, as this said wallet would let people pay for items with their iPhone: Conversations between Apple and payments-industry companies have heated up in recent months, with several...

Canadians Ready for Mobile Wallet, but Technology Not

Canadians are ready for a wallet-free life, said PayPal last year, a statement corroborated by David Robinson, senior vice-president of financial services for Rogers. But there is one problem: we won’t leave our wallets at home in the near future, because there are still multiple hurdles the industry needs to overcome to create THE digital...

PayPal is Ready to Help Apple Launch its Mobile Payments System

During the quarterly earnings call, Tim Cook didn't say it openly, but suggested Apple is interested in stepping into the mobile payments industry. Now PayPal wants to play an important role in Apple's mobile payments era, sources speaking with Re/code have heard. Three payments industry executives tell Re/code that eBay-owned PayPal has been pitching Apple...

Apple Patent Details Secure iWallet Payment Methods

We have seen several iWallet patents so far, but most of them have detailed use case scenarios rather than a digital system ready to be launched using the existing mobile hardware. Apple's patent for a "Method to send payment data through various air interfaces without compromising user data" sheds light on how the company could...

Patent Reveals Apple’s Secure ‘iWallet’ Transaction System

A new in-depth ‘iWallet' patent published by the US Patent & Trademark Office today, reveals Apple's latest invention related to systems and methods for carrying out secure transactions. According to PatentlyApple, Apple’s technology relates to systems and methods for performing secure transactions using optical codes and optical code readers. Apple details how its patent-pending technology can allow...