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Topic: Apple Pay

Apple is being forced to make a raft of changes in Europe this year which includes sideloading of apps and other new features for users. News 

Europe’s iPhone Users Can Expect 5 Major Changes

Nitin Misra, , ,

Apple continues to make major changes in its business and most of them are forced on the company due to new rules imposed by the European Union. We’ve already seen iPhones finally adopt a USB-C port for charging, which made it to all countries. But the new EU rules will bring many changes through the Digital Markets Act (DMA), putting more pressure on the company to adapt its strategy for consumers and developers. Several reports suggested the extent of new policies that Apple will introduce to the EU market starting…

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Australia's government has decided to bring Apple Pay, Google Pay and other digital payment services under the same regulatory umbrella as credit cards and other payments. News 

Regulation Revolution: Apple Pay and Other Payment Apps Get a Makeover!

Adriana Marais,

SYDNEY: The Australian government said on Monday it will bring Apple Pay, Google Pay and other digital payment services under the same regulation as credit cards and other payments as part of legislation to be introduced to parliament this week. Digital wallets from the likes of Apple, Google and WeChat developer Tencent have exploded in popularity, but are not covered by Australia’s payments law. The legislation, first announced last month, expands legislation that gives the Reserve Bank of Australia powers to regulate payments to cover new and emerging technology. “We…

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The MTA's OMNY website shows a seven-day ride history with only a credit card number. News 

Tracking NYC Subway Riders’ Journeys Made Possible by Security Flaw

Adarsh V.K,

New York City’s subway contactless payment system has a security vulnerability that exposes users’ credit card information. This flaw allows anyone with access to a person’s credit card number to track their recent subway entries within the past week. The issue stems from a “feature” on OMNY’s website, the Metropolitan Transportation Authority’s tap-to-pay system, which enables users to view their ride history solely by using their credit card details. Surprisingly, even subway entries made through Apple Pay, which provides a virtual number instead of the actual one, still manage to…

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Currently, the market is dominated by Walmart's PhonePe, Google's GPay, and Paytm. Now, Apple is developing a localised version of Apple Pay that will work with the Unified Payments Interface (UPI). News 

Apple Negotiating With UPI Apps To Introduce Apple Pay In India

Adriana Marais,

Apple enthusiasts in India can rejoice as the tech giant from Cupertino is said to be considering the launch of its payment service, Apple Pay, in the country. According to reports, Apple is expected to engage in talks with Indian authorities and officials, including the National Payments Corporation of India (NPCI). Currently, the market is dominated by Walmart’s PhonePe, Google’s GPay and Paytm. Now Apple is developing a localized version of Apple Pay that works with the Unified Payments Interface (UPI). This allows iPhone users in India to conveniently scan…

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Apple Pay would be entering into a hyper-competitive segment with players like PhonePe, GooglePay, WhatsAppPay, and Paytm, among others. (REUTERS) News 

Apple Pay Coming to India in the Near Future?

Adriana Marais,

For quite some time, Apple has been eagerly anticipating the release of its payment service, Apple Pay, in India. According to GSMArena, Apple plans to hold talks with local regulatory bodies, specifically the NPCI, a special division of the Reserve Bank of India. Apple Pay would enter a hyper competitive segment with other players like PhonePe, Google Pay, WhatsApp Pay and Paytm. According to reports, Tim Cook met with Indian authorities to negotiate a localized version of Apple Pay — allowing customers to scan QR codes and initiate UPI transactions…

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