Anonymous sources from Google reported that the search giant plans to upgrade its own wallet service for mobile devices (dubbed Google Wallet) by buying Softcard (former Isis), a mobile payments company. Softcard is a joint venture (JV) started by three mobile network carriers, AT&T, Verizon Wireless and T-Mobile U.S.A. five years ago. However, the company recently reported huge loses, … [Read more...]
The Battle of Mobile Payments will be Decided by Consumers
Two pharmacy chains decided to disable their Apple Pay option in their stores. This was the first sign of an upcoming battle that is coming in the world of mobile payments. The battle line between QR code-based apps and options such as Google Wallet or Apple pay has been drawn. One one team we have huge retailers like Walmart and CVS who have agreed to implement Merchant Consumer Exchange's (MCX) … [Read more...]
The Apple Pay Feature is Generating Positive Feedback & Attracting Companies
The new iPhone 6, iPhone 6 Plus and iWatch models were unveiled this month, after a long wait. Despite some critics, it seems that the technology on the new smart-phones are more cutting edge. For example, the iPhones now have new features including new payment services. Statistics also show that the iPhone 6 Plus is "more popular" than its smaller counterpart. According to the survey, out of the … [Read more...]
