It's a shame that some retailers such as CVS and Rite-Aid aren't so keen on adopting Apple Pay, but do they really deserve to have a class action lawsuit aimed at them? Apparently, if you work at the firm of Schubert, Jonckheer & Kolbe, that answer may be yes. The firm is currently looking into the matter to see if they have enough of a foundation for a case, and they're polling customers to see how they feel about the chains' decision to hold off on Apple Pay for now.
The outlook isn't looking so hot for CurrentC, the rival mobile payment system that major retailers like Walmart, Rite-Aid, and CVS have rallied around instead of Apple Pay. Earlier today (and only a few hours after playing up CurrentC's security features in a blog post), CurrentC owner Merchant Customer Exchange (MCX) informed its early users via e-mail that some of their e-mail addresses had been obtained by "unauthorized third parties."
As you might recall from today's Morning Report, word got around this weekend that both Rite-Aid and CVS had dropped Apple Pay only a few days after they started supporting the service in favor of the merchant-friendly but cumbersome CurrentC service. This afternoon, Apple released a statement in response to the news expressing optimism despite the loss of two powerful retailers.
Apple might be focusing its efforts with Apple Pay on the United States at the moment, but reports demonstrate that you can use the service overseas if you have a U.S.-based credit card attached to your Apple Pay account. This isn't just true for Americans; it also allows some iPhone 6 and iPhone 6 Plus owners from other countries to join in on the fun in the right circumstances.
In just a few short hours, iPhone 6 owners will be able to download iOS 8.1 and start using Apple Pay at retail stores — but before you head out to the store, there are a few limitations you should be aware of, as outlined in our Monday Morning Report. We've also got some bummer news about upgrading RAM in the new Mac mini (spoiler: you can't), and a unique solution for making eye contact while chatting on an iPad. Click ahead to read more!
Apple's next media event is right around the corner, and iPhone 6 owners have more to be excited about than the possibility of new iPads or Macs, thanks to the arrival of Apple Pay as part of a free software update. Our Monday Morning Report looks at when we might expect the service to kick off (along with a potential alternative coming next year), as well as the iPhone 6's arrival on Boost Mobile later this week.
Reports that PayPal was trying to cozy up with Apple for its mobile payment system are almost as old as the rumors about Apple Pay itself. We last reported on the rumors way back in January, and now a new report claims all that work came to naught. In fact, the veteran Internet payment company apparently signed a deal with Samsung to power its own fingerprint payment system for its devices.
After the reveals about the iPhone 6's hardware specs, Tim Cook once again took the stage to talk about what we're going to see in iOS 8. A little surprisingly, Cook jumped right in with long-rumored mobile payment system, officially called Apple Pay, beginning with a ad about the current "hassles" of paying for items with a credit card.
Tuesday will finally conclude months of rumors, speculation, and leaks about Apple's next smartphone, but not before the iPhone 6 could get shown off on video — apparently fully assembled and functional. Our Monday edition of the Morning Report also takes a look at a potential security measure in Apple's mobile payment plans, as well as teases forthcoming updates to Adobe's video applications. Click to read more!
After so long stuck in the mire, Apple's mobile payment system appears to be taking its final form quickly. Just yesterday we heard how the Cupertino giant had managed to snag lower credit card processing fees for the service from the likes of MasterCard and Visa, and now word's coming in from Re/code that retailers Walgreens and CVS plan to accept purchases made with the system once it's released.