Apple will equip the iPhone 6, expected to be announced on Sept. 9, with a near field communications (NFC) chip to enable mobile payments, reports Wired, citing sources familiar with the device.
Check out the hottest mobile IT news for Aug. 28, including the key to educating new hires on company BYOD policy, the latest in the Samsung and Apple court drama, a tagalong announcement with the iPhone 6, how RFID products are changing an industry and the retail ecosystem and electronic shelf labels.
Check out the hottest mobile IT stories for Aug. 26, including the expected increase in tablet game revenue, what Apple's entrance into mobile payments means for the market, VMware's newest venture, the bipartisan push to ban in-flight calls and what mobile commerce has done for French e-commerce sales.
Check out the hottest mobile IT stories for Aug. 21, including the potential spin off for PayPal, Pivotal's ascension to the cloud, a proposed Android security framework, how music streaming is boosting revenues and what milestone the worldwide radio access network is reaching.
Wells Fargo has taken three mobile banking-related startups under its wing as part of its first official accelerator program.
Check out the hottest mobile IT news for August 19, including the inclusion of smart armbands in the workforce, the huge expected bump in mobile commerce, the top three telematics companies, what mobile device JetBlue just furnished its in-flight crew with and the growth of the mobile app market.
Now that Amazon has decided to compete with Square and PayPal in the mobile payments market, does that mean mobile payments, after sputtering for years, is set to take off? Yes, says Alberto Jimenez, director of mobile payments at IBM.
Consumer fears over security and privacy continue to haunt mobile commerce, with a new study finding that nearly half of all consumers would never use mobile payment and banking apps.
Last year, Forrester predicted the U.S. mobile payment market will reach $90 billion by 2017. Given the popularity of mobile transaction apps like Square, PayPal and the recently launched Amazon Local Wallet, you'd think consumers would eat up the mobile wallet idea. But, no, it hasn't turned out that way at all.
Amazon launched a new mobile payment service Wednesday aimed at luring business away from established competitors like Square and PayPal. Amazon Local Register allows local businesses to accept debit and credit card payments via smartphones and tablets for a flat-rate percentage on all transactions.