mobile payments

Apple Pay Boosts Hong Kong’s Mobile Payments Market

The state of mobile payment services in Hong Kong has seen a rapid transformation since Apple Pay entered the market in July last year, with total mobile transactions surpassing HK$17.9 billion in stores and HK$11.6 billion online in the city during the first quarter of this year, the South China Morning Post is reporting.  Caroline Ada,...

Charities Forced to Adjust as Canadians Turn Away from Cash

According to a new report from MoneySense, charities in Canada are being forced to adjust as Canadians start turning away from cash, in favour of other card-based payment methods. This will fundamentally chance how charities like the Salvation Army collects donations each December before Christmas. Will the presence of the Salvation Army kettles and the sound...

50% of Canadians Ready to Ditch Cash for Mobile Payments: Survey

Only half of Canadians are ready to drop cash altogether and switch to digital payments, while letting cheques go is something that two-thirds are willing to do, according to the Payments Pulse Survey conducted by Payments Canada and Leger Marketing. That compares to the anxiety Canadians have shown for the arrival of mobile wallets: Half...

‘Glance Pay’ Mobile Payment App for Restaurants Launches in Toronto

Vancouver-based mobile payment app Glance Pay, that allows customers to pay their restaurant bill by taking a picture of it with their smartphone, has just gone live in Toronto. According to MarketWired (via Yahoo! Finance), Toronto's health conscious resto empire Fresh, has partnered with FinTech to bring the Glance Pay mobile payment experience to the Toronto dining scene for the first...

Apple Pay Finally Goes Live in New Zealand

Nearly two years after its debut, Apple has finally launched Apple Pay in New Zealand, a country that is miles ahead of many others in digital payments and financial services, according to the NZ Herald. In December last year, Apple Pay went live in Australia for American Express, with support for Visa and MasterCard added this...

Apple Pay Faces Competition from Its Own Partners

Apple’s mobile payments solution Apple Pay, which is turning two this month, is facing stiff competition in an already crowded field, which is why it needs to find new ways to stand out, Bloomberg is reporting. Although Apple is still the market leader of in-store mobile payments, the company’s own partners like Kohl’s and Wal-Mart have now rolled out...

Apple Will Reportedly Announce Apple Pay for Websites at WWDC

Building on recent rumours claiming Apple Pay would see website integration this year, a report from Digital Trends on Friday suggests that Apple is planning to officially announce the new payment feature at WWDC next week. The report is light on details, but the publication’s sources said Apple is ready to announce Apple Pay website...

CurrentC to Deactivate All Beta Test Accounts This Month

Last month, Merchant Customer Exchange (MCX) announced that it would postpone a nationwide rollout of CurrentC, while also laying off half of its team and today, it has sent out an email titled “An Important Message from CurrentC” to all of its app's early testers, saying that starting June 28, the company would end its beta test, Consumerist...

Apple Pay’s Convenience and Simplicity Comes at a Cost

A few weeks ago, Apple announced a partnership with seven of Canada’s major banks to expand its Apple Pay system to all credit and debit cards issued by those banks. The convenience of mobile payment services will not be limited to the iPhone for much longer, as Samsung Pay is set to launch in Canada...

Why Apple Wants to Introduce Person-to-Person Payments

Apple has been rumoured to be in talks with a number of U.S. banks about introducing its own feature to Apple Pay that will allow users to send money directly to friends in a way similar to PayPal. However, person-to-person payment services aren’t cheap to operate, and Apple may lose money on many transactions, according to...