New Mobile Payment System Coming From Retailers
A new mobile phone payment system - to compete with Google Wallet and ISIS - is being built by a group of retailers that inclues Target and Wal-Mart. The group also includes drugstores, vending companies and fast-food restaurants. It's not clear if the system would use NFC, and if so, whether carriers and/or Google would permit the system to run on their NFC phones. The secure chips on most NFC phones can support multiple payment systems, but only if the primary issuing company permits it.
Google Launching Android Pay Today
Google said it is making Android Pay, its reborn mobile payment service, available to Android handsets beginning today. The app will be pushed to small batches of users over the next week, according to Google.
Microsoft May Give Windows 10 Mobile Payments
Microsoft is weighing what to do with the mobile wallet app that's part of the Windows 10 Mobile platform. The operating system already has a basic wallet app (since Windows Phone 8) for storing credit card and loyalty card data, but it stops short of making mobile payments.
MTA Approves $573M for Contactless Fare System
New York City's Metropolitan Transit Authority plans to do away with the aging MetroCard fare system in favor of one that supports contactless payments, reports the New York Times. The agency has approved a $573 million contract to update the system's turnstiles with new wireless readers that can accept smartphones and certain types of credit/debit cards.
CVS, Rite Aid Shut Out Apple Pay
CVS and Rite Aid have disabled the NFC-based payment systems within their stores, effectively preventing consumers from using Apple Pay to make tap-and-go payments. Spokesperson Ashley Flower said Rite Air "does not currently accept Apple Pay" and that Rite Aid is "still in the process of evaluating out mobile payment options." CVS did not provide a comment, but Apple Pay worked in CVS stores when the service launched on October 20 and and ceased to work over the weekend.
The Mobile Payment Wars
I'd prefer this
My cellphone carrier should be providing me with cellphone service, not making it easier to use my credit card.
if that's the case, the Post Office should be sending your messages. we wont have s...