May 8
New tap-to-pay feature on iPhone draws interest from local users.
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New tap-to-pay feature on iPhone draws interest from local users.
After Stripe and Square, Venmo and PayPal are set to support Apple’s Tap to Pay on iPhones
After Stripe and Square, Venmo and PayPal are set to support Apple’s Tap to Pay on iPhones
PayPal announced Thursday that it will soon support Apple’s Tap to Pay on iPhones. The company said in its Q3 2022 earnings report that both PayPal and Venmo will soon support this tech as a part of its offering. Merchants will be able to accept contactless card payments as well as payments via Apple Pay and other digital wallets (Google Pay). Apple first announced Tap to Pay on iPhone in…
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Apple testing 'Tap to Pay' at Apple Park; works very well
Apple testing ‘Tap to Pay’ at Apple Park; works very well
Apple in February announced plans to introduce Tap to Pay on iPhone and the company has been testing it at Apple Park’s Visitor Center. Tap to Pay on iPhone enables businesses to seamlessly and securely accept Apple Pay, contactless credit and debit cards, and other digital wallets through a simple tap to their iPhone. The new capability empowers millions of merchants across the US, from small…
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Robert presents an interesting news story about the cost of buying an electric car and tests out a newly installed BP Chargemaster tap-to-pay (contactless) 1...
The cell phone is the new wallet
According to a new survey by credit card giant MasterCardWorldwide, 62 percent of respondents who use a mobile phone were open to the notion of using it to make purchases.
But an equal number of respondents also said they’d need verification that their personal information was safe before they’d make such a transaction.
In addition to willingness to use a mobile wallet and reservations about security and privacy, the study also found that:
· Of respondents ages 18 to 34 years old, 63 percent said they’d feel at ease using a mobile phone to make purchases.
· A substantial 37 percent of older respondents agreed.
· Of males respondents, 51 percent said they’d feel at ease using a mobile phone to make purchases.
· Forty percent of women agreed.
· Of male respondents, 49 percent said they’d be impressed by someone who paid a bill with a mobile app instead of a credit card.
· Forty-five percent of women agreed.
Not coincidentally, MasterCard recently announced its participation with Google Wallet, a tap-to-pay service that lets consumers tap their phone to pay.
The service is expected to be introduced this summer, after a pilot program in New York and San Francisco.