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News tagged ‘Apple Pay’
CNN Named Tim Cook as 'CEO of the Year'
It is no secret that this year has become incredibly successful for Apple. The company released two larger-screened iPhones that are currently immensely popular among the customers all over the world, moreover, the tech giant updated its tablet lineup with two models, namely, iPad Air 2 and iPad mini 3. Apart from that, in October, the guys from Cupertino launched their NFC-based payments service called Apple Pay in the USA. Finally, early next year, the long-anticipated Apple’s smartwatch will hit the store shelves. Unsurprisingly, Apple's stock value set a new record and made Tim Cook one of the most successful and influential people of this planet. That is why CNN has named him as “CEO of the Year”.
Leave a commentTop 10 Stories of the Week
It is Sunday today, so I believe you want to take a look at the most popular posts of the past seven days. Let’s not waste time and discuss all the interesting topics.
Apple Pay Accounts for 1% of Mobile Payments Market
Two months after the launch in the United States of America, Apple Pay currently occupies about 1% of mobile payments market. This is the information, which can be found in the latest ITG Investment Research Report on Mobile Payments (via MarketWatch). It should be noted that Apple's system still falls behind Google Wallet and its share of 4%. However, the adoption of Apple Pay rises incredibly quickly, so the time when it will beat all the rivals' systems is quite near, I suppose.
Apple Looks for Apple Pay Developers to Expand Service to Europe, Middle East, India and Africa
According to the latest job posting, which can be found on Apple’s official website, the guys from Cupertino are currently looking for specialists, capable of expanding the functionality of Apple Pay to several new regions, namely, Europe, the Middle East, India and Africa. The new team will reportedly work in London.
Samsung Plans to Launch Apple Pay Competitor in 2015?
According to the latest reports from reliable sources, Samsung is currently in talks with LoopPay, a company, which has recently developed a new payments method to launch Apple Pay competitor in 2015. This method uses a technology different from NFC utilized in Google Wallet or Apple Pay and that is an advantage, I guess, as not all the smartphones on the market can boast of the support of NFC.
Chinese Users Can Now Use UnionPay Cards to Pay for Apps on the App Store
Apple's customers in China can now use their local UnionPay credit or debit cards to pay for apps in the App Store. While UnionPay is one of the largest banking cards provider in China, the guys from Cupertino managed to add the support of its cards only now.
Customers Show Strong Interest in Apple Pay - Retailers
According to the latest reports from U.S. retailers, the customers show strong interest in the recently-launched payments service created by the guys from Cupertino. This doesn’t mean that the number of users of the new system is currently immense; still, it is noticeably larger than the amount of people who adopted similar services from Google or other companies in the first weeks after their launch.
iOS 8 Adoption Rate Is Now Close to 60% - Apple
According to what can be found on the App Store support page for developers, the latest version of Apple's mobile operating system is currently installed on 56% of compatible devices. Over the past month, the adoption rate has increased 8% and that is an impressive result, I must say. In case you don't know, Apple made the eighth version of iOS available for users worldwide seven and a half weeks ago.
Walmart Refuses to Support Apple Pay, Working on Its Own Payments Service
Walmart, one of the largest U.S. retailers, has refused to support Apple Pay. According to what the reliable sources from Re/code claim, the reason for the refusal is high credit card transaction fee. This reason for refusal is closely connected with another one. You see, Walmart belongs to a consortium of the most influential retailers called Merchant Customer Exchange (MCX); its members plan to create their own mobile payments system called CurrentC. This system is expected to boast of lower transaction fees; its launch may take place as soon as early 2015.
Apple Releases iOS 8.1.1 Beta to Developers for Testing
Apart from seeding the new beta of OS X Yosemite 10.10.1, the guys from Cupertino on Monday released iOS 8.1.1 to developers for testing. The update comes two weeks after the official release of iOS 8.1, which contained the support of the recently-launched mobile payments service called Apple Pay as well as some bug fixes and stability improvements.
Apple's Vice President Greg Joswiak Apologizes for iOS 8.0.1 Bug
Greg Joswiak, Apple's VP of iPhone marketing, earlier today had an interview with Re/code reporters Ina Fried and Walt Mossberg. During this interview, Apple representative apologized for the iOS 8.0.1 bug that made it impossible for many iPhone 6 and iPhone 6 Plus users to access Touch ID and cellular service on their smartphones. Joswiak claimed that a problem with iOS 8.0.1 was caused by the software distribution and not by the flaw in the operating system as it was believed earlier. Anyway, it was a terrible mistake, so I guess the guys from Cupertino should find out whose fault was that.
iAds Are Now Available in 70 New Countries
Apple on Tuesday announced that it has extended iAds support to additional 70 countries, making the advertising network available in 95 countries. The announcement was placed on Apple's official webpage for developers.
As to the countries where the new system has been launched this week, they include those of Europe, Americas, the Middle East, Africa, Asia and Australia.
Apple Pay Now Boasts of More Than 1 Million Users in the USA
According to what Tim Cook said during the WSJ.D conference in Laguna Beach, California, more than one million users activated their credit or debit cards in the first 72 hours of Apple Pay availability in the USA. Cook also said that he used the recently-launched mobile payments system himself and that he was surprised to find out how easy it was to set everything up and to utilize the service in the store. Apple CEO claimed that the new system is "easy, secure, and private". And looks like he is right.
Top 10 Stories of the Week
The week has come to an end, so looks like I have to tell you about the most interesting posts of the last seven days. Let’s not waste time and talk about these articles right now.
Apple to Launch Apple Pay in China Soon - Rumors
As you probably know, the guys from Cupertino have recently launched their own mobile payments service called Apple Pay. Although the system is currently available only in the USA, in the near future it is expected to debut in a wide number of other countries.
