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mobile payments

(via NFC World)

iPhone 7 and 7+

ACCESS RIGHTS: Restricting iPhone NFC functionality ‘hits mobile wallet app investment’

The group of Australian banks taking on Apple over access to the NFC technology within iPhone handsets says the restriction is not only preventing the introduction of mobile wallet services across multiple platforms but also proving detrimental to continued investment into mobile payment apps.

In a 27-page submission to the Australian Competition and Consumer Commission (ACCC) this week, the four banks insist Apple’s restriction is fragmenting the customer experience and, without access, there “simply will not be the same incentives and ability to innovative” on either… Continue reading

(via TechCrunch)

cYn8okcNG665Iv0HkJ8ph-TlcbQXRYcninzdbuHmfKU European mobile payments player, iZettle, is expanding into what amounts to small business loans — announcing a capital advance product, called iZettle Advance, which will be available to select iZettle customers who need funds to grow their own businesses. So it’s basically moving onto even more of the territory where traditional banks fear to tread. Read More

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(via TechCrunch)

venmoBraintree-owned Venmo is expanding its one-touch mobile payments platform Venmo Touch today, with a private beta release of Venmo Touch for Android arriving now, alongside the launch of an iOS 7-compatible version of Venmo Touch and the Braintree iOS SDK. This marks the first time the service has been made available on non-iOS devices, since its launch earlier this year.

Complete story at source: TechCrunch
http://techcrunch…

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