PYMNTS-MonitorEdge-May-2024

NFC

Web3 Fans Say Apple NFC Chip Access Will Jumpstart Crypto Payments Era
Web3 Fans Say Apple NFC Chip Access Will Jumpstart Crypto Payments Era
August 21, 2024  |  Cryptocurrency

Every innovation needs a supporting infrastructure network to scale. And, with the news that Apple will allow third-party developers to access its near-field communication (NFC)...

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Apple’s NFC Move Ushers in New Era of POS Competition
Apple’s NFC Move Ushers in New Era of POS Competition
August 15, 2024  |  Apple

Apple’s move to open up near-field communications (NFC) technology — specifically so that third-party developers can integrate NFC transactions — may turbocharge digital wallets’ momentum....

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Apple Gives Third Parties Access to Tap-and-Go Payments Tech
Apple Gives Third Parties Access to Tap-and-Go Payments Tech
August 14, 2024  |  Apple

Apple says it is giving developers access to its near-field communication (NFC) technology. “Starting with iOS 18.1, developers will be able to offer NFC contactless...

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PayPal Explores Offline Payments as DMA Looms
PayPal Explores Offline Payments as DMA Looms
February 08, 2024  |  Payment Methods

Is PayPal getting ready to offer “offline” payments? The company seems to be indicating a move in that direction as new European Union regulations go into effect for its...

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Crypto Payment Firm ivendPay Unveils NFC-Enabled System
Crypto Payment Firm ivendPay Unveils NFC-Enabled System
November 27, 2023  |  Cryptocurrency

Cryptocurrency payment technology company ivendPay has unveiled a crypto payment system enabled by near-field communication (NFC). By integrating NFC technology with cryptocurrency payments, ivendPay has made...

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European Commission Asking Retailers and Rivals About Apple Pay
European Commission Asking Retailers and Rivals About Apple Pay
May 10, 2023  |  Apple Pay

The European Commission (EC) is reportedly seeking information about Apple Pay from retailers and Apple’s rivals. The requests by the antitrust regulators of the EU...

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Polish Consumers Embrace Contactless as POS Payments Jump 162% YoY
Polish Consumers Embrace Contactless as POS Payments Jump 162% YoY
February 16, 2023  |  Mobile Payments

Mobile payments in Poland have made significant ground in recent years. Leading the charge is BLIK, the bank-backed payment system which has been fueling digital...

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Norway’s Vipps Seeks EU Antitrust Help Against Apple
Norway’s Vipps Seeks EU Antitrust Help Against Apple
February 15, 2023  |  Mobile Payments

Norwegian FinTech Vipps is seeking the European Union’s help in an antitrust battle against Apple. CEO Rune Garborg told Reuters in an interview published Wednesday...

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EU Targets Apple Pay’s Exclusive Access to iPhone NFC Chip
EU Targets Apple Pay’s Exclusive Access to iPhone NFC Chip
November 16, 2022  |  Apple Pay

Since the launch of the iPhone 6, all subsequent models of Apple’s smartphone have enabled contactless payments with the Apple Pay mobile wallet using near...

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