Good article covering the implementation of Apple Pay with the iPhone 6. Australia is even better placed than the USA because of the huge uptake in EMV and Contactless Payment terminals.
Master Card and Visa both implemented tokenisation to secure the Mobile Payment transaction from Apple Pay, so a token for the card is stored and transmitted not the card number.
I started off my week with a trail run and then a quick stop off at a downtown locally owned coffee joint. The coffee shop is filled with laptop toting Silicon Valley types, local Lululemon wearing trail bunnies and a myriad of salon and spa employees on their way to bill $150 for a 1-hour deep tissue massage. I stood in line and waited to pay for my overpriced cup of coffee. I’m an old school guy and paid in cash while most people paid using their debit/credit card. It seems strange to me to pay for something so cheap with plastic…but, hey, I AM old school right? However, of the 10+ payment transactions I saw, no one paid with his or her phone using the NFC feature of the payment reader. Now don’t panic…you are not the only one who has not seen the NFC technology in action. Very…
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UK card retailer, Paperchase have introduced mobile Point of Sale (POS) on the shop floor of its flagship 17,000 sq ft Glasgow store. Visitors will be greeted by sales assistants fitted with the Omnico mobile POS solution, providing Paperchase …
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