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The US Consumer Financial Protection Bureau will now regulate Apple Pay, Venmo and others
It provides greater supervision options for the CFPB.
Sarah Fielding11.21.2024Apple Pay Later is dead, long live Affirm loans
Apple Pay Later is kaput. The company confirmed to TechCrunch on Monday that it’s killing the service only two years after first announcing it at WWDC 2022.
Will Shanklin06.17.2024How to use Apple Pay on your iPhone for contactless payments
Apple Pay can make it more convenient to buy things while protecting your credit card info. The payment service supports tap-to-pay in physical retail stores, online apps and websites, and person-to-person payments with Apple Cash. Here’s how to use Apple Pay.
Will Shanklin02.10.2024How to set up Apple Pay on your iPhone (plus all other Apple devices)
Apple Pay is a highly useful digital payment platform, once you learn how to set it up. Follow this guide and start making payments.
Lawrence Bonk02.06.2024Apple offers to open up NFC payments to rival companies in EU antitrust case
The European Commission is welcoming comments on Apple's proposal.
Sarah Fielding01.19.2024Apple Pay, Apple Card and Wallet were down for some users this morning
Apple's financial services, including Apple Pay, Apple Cash, Apple Card and Wallet, have been experiencing service disruptions.
Devindra Hardawar12.20.2023Apple may lift NFC restrictions in Europe to escape antitrust fines
The company was charged with antitrust payment restrictions in 2022.
Sarah Fielding12.12.2023PayPal and Venmo's debit and credit cards come to Apple Wallet
You can add and use them just like any other card stored in your phone.
Sarah Fielding10.04.2023NYC subway security flaw makes it possible to track riders’ journeys
The contactless payment system for New York City’s subways has a security hole. Anyone with access to someone’s credit card number can see when and where they entered the city’s underground transit during the last seven days. The problem lies in a “feature” on the website for OMNY, the tap-to-pay system for the Metropolitan Transportation Authority (MTA), which allows you to view your recent ride history using only credit card info. Further, subway entries purchased using Apple Pay — which gives merchants a virtual number instead of your real one — still somehow link to your physical credit card number.
Will Shanklin08.30.2023Apple Pay Later is finally available in the US, but only with an invite
Apple Pay Later has arrived in the US for some users, letting you split purchases into multiple payments.
Jon Fingas03.28.2023FTC orders Mastercard to open debit transactions to competing payment networks
The FTC has ordered Mastercard to start providing competing payment networks with the information they need to process debit card payments.
Igor Bonifacic12.24.2022Apple Pay illegally profited by walling off contactless payments, lawsuit alleges
Credit unions and banks are accusing Apple of anti-competitive behavior.
Amrita Khalid07.18.2022iOS 16 brings big updates to the lock screen
Ahead of its official release sometime later this fall, today at WWDC 2022 Apple announced a number of exciting new features heading to iOS 16 including big revamps to the lock screen and notifications.
Sam Rutherford06.06.2022EU charges Apple over NFC payment restrictions on iOS devices
Apple has been accused of limiting developer access to NFC technology on iPhone and iPad, which is against EU antitrust rules.
Matt Brian05.02.2022Some Russian bank cards no longer work with Apple Pay and Google Pay
Following Western sanctions on Russia’s financial institutions, customers of several of the country’s largest banks can no longer use their debit and credit cards in conjunction with Apple Pay and Google Pay.
Igor Bonifacic02.26.2022Apple's 'Tap to Pay' lets iPhones accept contactless payments
Apple is introducing a Tap to Pay feature that lets shops take contactless payments through an iPhone — no extra devices required.
Jon Fingas02.08.2022Regulator orders Apple, Google to hand over app store payment system data
A federal consumer bureau has ordered Amazon, Apple, Facebook, Google and others to hand over payment system data to investigate their practices.
Jon Fingas10.21.2021AMC theaters will start accepting Bitcoin this year
AMC has announced that it will accept Bitcoin payments for tickets and snacks at US theaters by the end of 2021.
Jon Fingas08.10.2021Verizon partners with Mastercard to work on 5G contactless payment tech
Mastercard and Verizon say they plan to work together on “transformational” financial technologies.
Igor Bonifacic07.13.2021Apple is reportedly working on a pay later feature for Apple Pay
According to Bloomberg, the company is working with Goldman Sachs on a service called “Apple Pay Later” that will allow those with its devices to settle purchases over time.
Igor Bonifacic07.13.2021