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Apple opts for NXP NFC chips for next iPhone
Tech giant Apple is working with global semiconductor manufacturer NXP to add secure short-range wireless technology into the next iPhone, enabling new pay-by-touch capabilities. The next release of the iPhone is due to take place on 9 September. NXP will provide the secure NFC chips that will allow an iPhone to connect with payment terminals [...]
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Apple’s digital wallet patent references ‘virtualised currencies’
With tech giant Apple positioning itself to enter the mobile payment space, interest has been piqued by a recent digital wallet patent application that has just been made public. The patent application reveals the back-end architecture for a versatile mobile ‘omni-wallet’, which also references ‘virtualised currencies’. The back-end patent application outlines a digital wallet system [...]
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Visa Checkout e-commerce solution at nearly 4m US online retailers
Visa has announced that its Visa Checkout e-commerce service is now available at nearly 4 million US online retailers. The Visa Checkout service incorporates a ‘Checkout’ button into retailer websites, both online and mobile. Large retailers such as Neiman Marcus, Pizza Hut, Staples and United Airlines have announced they would be using the service. Now, [...]
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Ingenico and First Data launch mPOS in India
Ingenico Roam, part of Ingenico Mobile Solutions, has partnered with global payment processor First Data to launch an mPOS solution into the Indian market. Leveraging ROAM’s mobile solution and Ingenico’s global EMV expertise, First Data India has launched its own fully-branded chip and PIN mPOS solution. This new mPOS offering enables merchants in India to [...]
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Square overhauls Cash app for text-based P2P payments
mPOS player Square has overhauled its Cash P2P payments app to enable users to send and receive funds via text. The latest version of Square Cash gives users the ability to send or request money from everyone in their address book using just their phone number, even if the recipient doesn’t have the app. Customers [...]
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