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We’re still here: PayPal reasserts itself with new NFC payment terminal and splashy acquisition

Apple Pay may have dominated the payments headlines in recent months, but PayPal is once again making its presence felt. And unsurprisingly, the bulk of the company’s latest moves appear aimed at regaining whatever turf it ceded, at least in public perception, to Tim Cook and company. Y Yesterday news leaked that the soon-to-be-independent PayPal [...]

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Apple Pay needs a legit challenger, but Google and Square’s Plaso collaboration has some work to do

Anything you can do I can do better. Or, the same. Or, similar. Or, not quite as good but shhh, nobody will notice. Google and Square’s newly revealed brick-and-mortar payment collaboration, which is aimed at regaining the turf ceded to Apple Pay over the first few months of the platform’s rollout, falls somewhere on the [...]

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Why WalMart’s decision to disable NFC to fight Apple Pay will backfire

Much was made over the weekend about measures taken by several large retailers, including CVS, Rite Aid, 7-Eleven and the grandaddy of them all, WalMart, to avoid supporting Apple Pay. The retailers, which have their own mobile payment solution in the works, elected to disable NFC support on the payment terminals in their stores, rendering [...]

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Apple leaves PayPal out in the cold with an omission from its list of preferred Apple Pay payment platforms

Nobody likes to be left out when the cool kids send out invitations to the hottest party. That’s exactly where PayPal finds itself today as details emerge of Apple’s list of preferred payments platforms for merchants looking to support its recently announced Pay (or Apple Pay) product. According to Apple’s Developer guidelines for Apple Pay, [...]

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The hidden brilliance behind the timing of Apple’s adoption of NFC

There’s a brilliance to the timing of Apple’s adoption of near field communication (NFC) technology. For years, it was assumed that the company would never incorporate the short-range radio protocol into its devices, as they had seemingly opted-instead for Bluetooth LE – even as many Android manufacturers added it to their newest devices, with little impact [...]

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How Safe Can Apple Pay Really Be?

Apple just promised to revolutionize how we spend money. More specifically, the company announced Apple Pay, a new mobile payments platform that lets you buy things with your iPhone (or smartwatch ). Sounds cool! But given recent high-profile security lapses , it’s fair to wonder: Is it safe? Read more… Continue Reading from the Source

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Here’s why ApplePay will shake up consumer payments, even if it gets lost amid the iDevice frenzy

Mobile payments may have gone from a nice-to-have to a must-have today, thanks to Apple’s announcement of its ApplePay platform. Replacing physical wallets and payment cards has been attempted by countless companies over the last decade, but never with much success. The big problem has been the inability to drive the widespread adoption among both [...]

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