Payments News

On The Web

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Companies

Apple Set to Get EU Antitrust Complaint Over Spotify

“Apple Inc. faces a European Union antitrust complaint as soon as this week, escalating a probe into Spotify Technology SA ’s allegations that App Store rules are unfair, according to a person familiar with the case who asked not to be named because the process isn’t public. The move raises the risk that the EU […]
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Companies

Patent Shows How Apple Pay Could Automatically Select a Card Based on the User’s Location

“Apple Pay users could be able to make contactless payments and other transactions with merchants or transit providers without having to manually select the correct payment, rewards or transit card or other digital credential from within their mobile wallet. Technology that would enable Apple Pay to automatically choose the stored card or credential most appropriate […]
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Companies

Apple Pay draws antitrust attention

“Apple’s next antitrust battle is shaping up to be over Apple Pay, the company’s digital wallet, as the Covid-19 pandemic turbocharges use of contactless payments…Apple Pay allows users to store their payment card details on their iPhone or Apple Watch and to pay by tapping on a terminal. It is now used by 507m people, […]
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Companies

Apple extends concession on store fees for some apps

“Apple Inc said here on Monday apps that offer virtual sessions or classes do not need to use App Store’s in-app purchase method through June, extending an earlier deadline of December. Apple charges a commission of between 15%-30% for apps that use its in-app payment system.”
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Companies

Apple Lets Kids Use Their Apple Watch to Make Payments with Apple Pay

“Parents using Apple Cash Family can also choose to receive a notification each time their children use the service. Notifications include details of both how and when the funds were used. Apple Cash Family is one of a range of services offered by the new Family Setup feature launched by Apple for watchOS 7 . […]
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Companies

Apple to Launch First Online Store in India Next Week

“Apple Inc will launch its first online store in India on Sept. 23, the iPhone maker said on Friday, coinciding with the country’s holiday season that brings some of the biggest sales for retailers every year. Apple sells its products in India through third-party vendors and e-commerce operators such as Amazon.com Inc’s Indian unit and […]

On The Wires

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Companies

Apple announces App Store Small Business Program

“Apple today announced an industry-leading new developer program to accelerate innovation and help small businesses and independent developers propel their businesses forward with the next generation of groundbreaking apps on the App Store. The new App Store Small Business Program will benefit the vast majority of developers who sell digital goods and services on the […]