Payments News

On The Web

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Companies

WSJ News Exclusive | Apple Pay Fees Vex Credit-Card Issuers

“Banks rushed to work with the Apple Pay mobile wallet when it debuted in 2014. They have some regrets. When Apple Pay launched, the tech giant got big banks including JPMorgan Chase & Co., Capital One Financial Corp. and Bank of America Corp. to agree to pay fees that would allow their cardholders to pay […]
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Companies

EXCLUSIVE Apple Hit With Antitrust Case in India Over In-app Payments Issues

“Apple Inc (AAPL.O) is facing an antitrust challenge in India for allegedly abusing its dominant position in the apps market by forcing developers to use its proprietary in-app purchase system, according to a source and documents seen by Reuters. The allegations are similar to a case Apple faces in the European Union , where regulators […]
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Companies

Apple to Allow Media Apps to Link to Own Websites for Payment Options

“Apple Inc. said it would allow media apps to create in-app links to sign-up pages on those companies’ websites, allowing the likes of Spotify Technology SA and Netflix Inc. to bypass the iPhone maker’s cut of subscriptions. Spotify and other technology companies for years have said Apple’s restrictions were unfair and anticompetitive. The Cupertino, Calif., […]
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Companies

Apple Cash Gets Instant Transfer With Mastercard Debit Cards and More

“Apple today announced a minor update to Apple Cash, the company’s digital wallet that works with Apple Pay and iMessage. As of today, Instant Transfer on Apple Cash is compatible with Mastercard debit cards, but there are some other changes as well. In an email sent to Apple Card users on Thursday, Apple says users […]
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Companies

You’ll Soon Be Able to Use Your IPhone As ID at the Airport

“Apple has announced a forthcoming update to its Wallet app that will allow you to use your iPhone as digital identification in select US airports. The company showed how you’ll be able to scan your driver’s license or state ID in participating US states, which will then be encrypted and stored in the iPhone’s secure […]

On The Wires

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Companies

Apple, US Developers Agree to App Store Updates

“The agreement clarifies that developers can share purchase options with users outside of their iOS app; expands the price points developers can offer for subscriptions, in-app purchases, and paid apps; and establishes a new fund to assist qualifying US developers. The updates constitute the latest chapter of Apple’s longstanding efforts to evolve the App Store […]