Apple has landed a big new partner for Apple Pay in the U.S. after Costco began accepting the mobile payment service across 750 stores. The retailer plans to include support at its gas stations, but that isn’t yet complete. The rollout — first reported by MacRumors — follows limited trials at selected Costco outlets, including […]
View More Costco now supports Apple Pay across all of its US storesCategory: mobile payments
Apple Pay is finally coming to CVS and 7-Eleven, and will soon expand to Germany
Longtime Apple Pay holdout CVS will finally be adding support for Apple’s mobile payments platform this fall, along with 7-Eleven, Apple CEO Tim Cook said this afternoon on the company’s earnings call. The news is particularly notable because CVS was one of the first major retailers to snub Apple Pay, choosing instead to launch its […]
View More Apple Pay is finally coming to CVS and 7-Eleven, and will soon expand to GermanyApple Pay to account for 1 in 2 contactless mobile wallet users by 2020
The number of mobile payments users who tap to pay using a contactless payment solution provided by their mobile device’s maker will grow to 450 million people worldwide by 2020, according to a new forecast from Juniper Research. This includes mobile payment solutions like Apple Pay, Samsung Pay, Google Pay, and others. By this time, […]
View More Apple Pay to account for 1 in 2 contactless mobile wallet users by 2020SoftBank’s move into new services continues with plan for a payment service in Japan
SoftBank is best known in Japan as a mobile operator but the company, which is behind the near-$100 billion Vision Fund, is increasingly getting into other types of consumer services in its homeland. The Japanese firm last month launched a parking app, it is in the midst of rolling out a taxi-hailing service in conjunction […]
View More SoftBank’s move into new services continues with plan for a payment service in JapanResearcher discovers Venmo exposes ‘an alarming amount’ of personal data in public API
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Next time you make a payment on Venmo, beware: almost anyone can track it.
The popular mobile payments app is sharing users’ personal data — including real names, comments sent with the payment, transaction dates, and recipients of the transaction — with the public by default. This information is being exposed through company’s public API, and it can be hidden by adjusting your privacy settings from “Public” to “Private.”
Security researcher Hang Do Thi Duc recently discovered this “alarming amount” of information being leaked by examining the public API. The reason its happening, the researcher suggests, is because the Venmo app’s default settings are set to “Public” for all users. Read more…
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View More Researcher discovers Venmo exposes ‘an alarming amount’ of personal data in public APIVenmo is discontinuing web support for payments and more
PayPal-owned, peer-to-peer payments app Venmo is ending web support for its service, the company announced in an email to users. The changes, which are beginning to roll out now, will see the Venmo.com website phasing out support for making payments and charging users. In time, users will see even less functionality on the website, the […]
View More Venmo is discontinuing web support for payments and moreZelle forecast to overtake Venmo this year
Despite some concerns over its adoption by scammers, new payment service Zelle is shaping up to overtake rival Venmo this year, according to a new forecast from eMarketer. The firm expects Zelle to grow more than 73 percent in 2018, to reach 27.4 million users in the U.S., ahead of Venmo’s 22.9 million. Square Cash […]
View More Zelle forecast to overtake Venmo this yearPayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine Labs
Fresh from agreeing its largest acquisition to date with a deal to buy European payment firm iZettle for $2.2 billion, PayPal is on the investment hunt once again after it backed India’s Pine Labs with a $125 million round. The financing jointly comes from PayPal and Temasek, the sovereign investment fund from the Singaporean government […]
View More PayPal and Singapore’s Temasek invest $125M in Indian payment startup Pine LabsStarbucks’s mobile payment service is slightly outpacing Apple’s
People really love getting their coffee more quickly. Starbucks, which has operated its own mobile payments service since 2011, is the market leader in terms of mobile payments users, beating out Apple Pay, Google Pay, and Samsung Pay, according to a new reporter from eMarketer out this morning. However, Starbucks’ lead over Apple Pay is […]
View More Starbucks’s mobile payment service is slightly outpacing Apple’sGoogle Pay’s app adds boarding passes, tickets, p2p payments and more
Google Pay got a big upgrade at Google I/O this week. At a breakout session, Google announced a series of changes to its payments platform, recently rebranded from Android Pay, including support for peer-to-peer payments in the main Google Pay app; online payments support in all browsers; the ability to see all payments in a […]
View More Google Pay’s app adds boarding passes, tickets, p2p payments and moreMobileCoin, a cryptocurrency from the creator of Signal, just raised $30M for mobile payments
A new privacy-centric cryptocurrency project with some big names on board just raised a round worth noting. On Tuesday, the team at MobileCoin announced that Binance Labs, the major blockchain incubator associated with the Binance exchange, led a $30 million round denominated in bitcoin and ether for the new cryptocurrency. MobileCoin will enjoy “priority consideration” […]
View More MobileCoin, a cryptocurrency from the creator of Signal, just raised $30M for mobile paymentsSay goodbye to Android Pay and hello to Google Pay
As we reported last month, Google is uniting all of its different payment tools under the Google Pay brand. On Android, however, the Android Pay app stuck with its existing brand. That’s changing today, though, with the launch of Google Pay for Android. With this, Google is rolling out an update to Android Pay and introducing some new functionality that the company hopes will make… Read More