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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 […]
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Companies

Apple Would Have to Share Payment Tech Under Rules Mulled by EU

“The European Union is considering new rules that would likely require Apple Inc. to give competitors access to payments technology inside its iPhones. The new laws would prevent mobile device manufacturers from limiting access to near-field communication technology embedded in smartphones and other devices such as smartwatches, according to documents obtained by Bloomberg. NFC technology […]
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Companies

Apple’s Subscription Services Bundle Is Already in Hot Water

“Just hours after the reveal of Apple’s new services bundles , the tech giant has already taken criticism for evidently favoring its own apps over those with which it directly competes in its App Store.    Apple’s long-rumored push into services bundles comes as little surprise for a number of reasons. One is that some of […]
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Companies

Apple Reverses Move for WordPress to Add In-App Payments

“Apple Inc. on Saturday reversed course on a decision to force popular blogging platform WordPress to add in-app purchases to its app, a move that could help lessen tensions between Apple and developers amid a public battle with Epic Games. On Friday, WordPress said that Apple had informed it that it had 30 days to […]
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Companies

Apple Pay is now available via new banks in Italy, Portugal, and more

“It’s sometimes very easy to forget that Apple Pay isn’t available at every bank around the world, especially if you happen to live in a country where it’s ubiquitous. But Apple Pay continues to expand its reach around the globe with the Netherlands, Italy, Portugal, and Switzerland now all getting new Apple Pay support at […]
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Companies

What Does Apple Pay Cost Swiss Banks?

“Apple proved a tough negotiator in payment talks with Swiss banks. Newly-uncovered details of the fees levied for using U.S. technology giant’s digital payment services raise questions over its financial merits for traditional banking.”
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Companies

Apple Buys Startup to Turn iPhones Into Payment Terminals

“Apple Inc. has acquired Mobeewave Inc., a startup with technology that could transform iPhones into mobile payment terminals, according to people familiar with the matter. Mobeewave’s technology lets shoppers tap their credit card or smartphone on another phone to process a payment. The system works with an app and doesn’t require hardware beyond a Near […]