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A group of banks has lost its fight with Apple over the iPhone-maker’s payments platform.
A group of banks that have sought the right to act as a cartel in negotiations with Apple over the iPhone maker’s Apple Pay platform have narrowed the scope of their application to the Australian Competition and Consumer Commission (ACCC).
ANZ bank will automatically update customers’ digital wallets with replacement card details if they report a card lost or stolen.
ANZ has released a card payment terminal that runs on Google’s Android mobile platform.
The Australian Competition and Consumer Commission will not authorise a group of banks to band together for negotiations with Apple over the iPhone maker’s Apple Pay platform, states a draft decision issued today by the ACCC. A final decision is not expected until March next year.
Google is expected to reveal details about Android Pay at its annual I/O conference this week, even as Samsung readies its own separate mobile payment service.
The Apple Watch supports Apple Pay, but it's unlikely that the smartwatch, coming April 24, will significantly boost the number of mobile payments made by U.S. customers.
Apple's Tim Cook has kicked back against critics with new iPhones, the Apple Watch and future big business, Apple Pay, but there are some questions for Apple fans:
Apple's iBeacons system will enable purchases, contextual marketing, automated check-ins and much more. And it's closer than you think.
The chief of the Google Wallet operation has resigned to pursue new opportunities, another sign of continuing troubles in convincing U.S. smartphone users to adopt mobile wallets using NFC technology.
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