Categories
Apple Pay Finance iOS News retail

JPMorgan Chase purchases CurrentC, looks to develop technology for further use

If you were curious as to what happened to CurrentC, the intended mobile payment service that was intended to compete with Apple Pay a few years ago, there’s an answer: JPMorgan bought it out. Oddly enough, Chase Bank played both sides and was one of a few major banks to partner with Apple when Apple […]

Categories
Apple Pay News Samsung

Apple surpasses PayPal, now accepted at 36% of U.S. merchants according to recent study

PayPal has apparently fallen as the leader among U.S. merchants and Apple Pay has taken its place. Per NFC World, Apple today sits at 36 percent versus 16 percent a year ago. PayPal, by contrast, is being offered by 34 percent of merchants. Both Apple and PayPal are trailed by MasterCard PayPass (25 percent), Android […]

Categories
Finance iOS News retail Software

Chase announces Chase Pay payment system, will be modeled off MCX’s CurrentC method

There’s always money to be made in the payment service industry. A new report has announced that Chase Chase CEO of Consumer and Community Banking, Gordon Smith, who announced “Chase Pay” at the Money20/20 payments conference in Las Vegas. The Chase Pay service will work via QR code instead of over NFC, allowing customers to […]