Apple adds 17 more banks and credit unions to list of supported Apple Pay institutions

Posted by:
Date: Tuesday, March 3rd, 2015, 08:53
Category: Finance, News, retail, Software

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Apple recently announced that more than a dozen new banks and credit unions have added support for Apple Pay, adding to the 98+ banks and institutions that have come on board with the payment plan.

The new banks and institutions are as follows:

Affinity Plus Federal Credit Union

American Airlines Credit Union

Bank of Hawaii

Baxter Credit Union
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Rumor: Apple to overhaul Genius Bar operating procedures as early as March 9th

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Date: Wednesday, February 25th, 2015, 12:11
Category: retail, Rumor

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Your Genius Bar experience could be changing as soon as next month.

According to the rumor mill, Apple Retail is reportedly in the process of overhauling its Genius Bar experience. In a bid to better serve customers, starting from the week of March 9, a new initiative dubbed “Concierge” will be rolled out to replace walk-in appointments. The program involves Apple Store employees using an algorithm-driven iPad app to provide priority-assessed wait times for a customer’s query.

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Samsung acquires LoopPay, looks to become an Apple Pay competitor

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Date: Thursday, February 19th, 2015, 05:53
Category: Finance, News, retail

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It never hurts to be part of the payment infrastructure.

Only two months after rumors surfaced that Samsung was considering becoming an Apple Pay competitor, the South Korean conglomerate has reportedly acquired mobile payments startup LoopPay to bolster its efforts.

Samsung began talks with LoopPay in December to integrate the latter’s magnetic payment technology into next-generation Galaxy devices. That partnership has apparently turned into an acquisition, as noted by Re/code and the Wall Street Journal.

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Lumoid to allow customers to rent Apple Watch before buying it

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Date: Thursday, February 5th, 2015, 11:56
Category: News, retail, Wearables

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If you’re on the fence and hesitant about buying an Apple Watch, you might be able to rent one first.

A gadget rental outfit called Lumoid plans to rent Apple Watches as part of its wearable rental program for consumers, said, Aarthi Ramamurthy, the company’s founder and CEO.

Lumoid will roll out a waiting list on its website later this week for consumers looking to get their hands on the device when it begins shipping in April.

Although details about the Apple Watch are still emerging, pricing rumors have the watch retailing for between US$349 for the Sport model and US$5,000 for the gold edition.

“Before breaking the bank on the smartwatch, consumers should be able to try it out,” Ramamurthy said.

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Rumor: Apple to adopt jewelry store protocols, increase security for gold Apple Watch sales

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Date: Monday, February 2nd, 2015, 08:27
Category: Hardware, retail, Rumor, Wearables

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With the Apple Watch shipping in April, Apple may be changing some of its retail methods to match the product.

According to sources, Apple is planning several new features for its retail stores to support the Gold Watch Edition of the device. As reported several months ago, Apple is planning on allowing customers to actually try on the watches and test out different band styles inside of stores. With the high-expected price tag of the gold watch models, Apple will also step up its security features for stores.

Over on 9to5Mac, there’s the following:

Apple will outfit its official retail stores with safes to house the more expensive, gold “Edition” variants of the upcoming Apple Watch. The safes will likely be used to carry both to-be-sold inventory as well as to store demo units from the show floor overnight. The custom-designed safes will be outfitted with Apple Watch MagSafe chargers in order to keep the demo units charged up and ready to go for the next day of business. Apple has already begun installing the safes in some stores ahead of the Apple Watch’s expected release in April…

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In spite of lower year-over-year iPad sales, Tim Cook says not to worry

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Date: Thursday, January 29th, 2015, 08:37
Category: Finance, Hardware, iPad, iPhone, News, retail

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iPad sales may be on the decline, albeit Apple CEO Tim Cook says not to worry.

Per 9to5Mac and Macworld, Apple’s recent financial report noted “all-time record revenue from iPhone and Mac sales as well as record performance of the App Store,” while remaining silent on iPad sales. With year-on-year sales down 18%, and a reduction in average selling price meaning revenue was down 22%.

Tim Cook acknowledges that the switch to larger-screened iPhones mean the iPad is being squeezed from both sides.

“There’s probably some level of cannibalization that’s going on, with the Mac on one side and the phone on the other,” said Cook.

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Apple Pay to arrive at 200,000 vending machines, kiosks, other sites

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Date: Wednesday, January 28th, 2015, 11:03
Category: iOS, News, retail

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You’ll soon be able to pay for your vending machine items with Apple Pay.

Per 9to5Mac, USA Technologies today announced it’s bringing support to around 200,000 of these self-serve payment terminals that its customers use for everything from coffee brewers to vending machines, kiosks, laundry equipment and pay parking terminals.

The company offers a suite of services for companies looking to deploy self-serve, cashless terminals. A few examples it lists as current markets include vending machines, pay laundry machines, kiosks, amusement parks and arcades, car washes, and transit services.

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Apple ships one billionth iOS device

Posted by:
Date: Wednesday, January 28th, 2015, 10:30
Category: iOS, iPad, iPhone, iPod Touch, News, retail

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You can’t sneeze at a billion of anything.

It’s just a really huge number.

Per AppleInsider, during its quarterly conference call on Tuesday, Apple CEO Tim Cook announced the company had sold its one billionth iOS device in the December quarter, a device that will be kept at Cupertino for posterity.

Apple’s one billionth iOS device shipment, a number calculated from total iPhone, iPad and iPod touch sales, is emblematic of the mobile operating system’s global appeal and marks a momentous achievement for the consumer electronics space.

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Western Union adds Apple Pay support for services

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Date: Tuesday, January 27th, 2015, 11:29
Category: Finance, iOS, News, retail

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Western Union’s always been useful and Apple Pay support can only make it better.

Per 9to5Mac and BusinessWire, Western Union announced today that it’s now accepting Apple Pay, Apple’s new iPhone-based NFC payment service, across all of its flagship locations in the US.

That means you can now use the contactless payment service to send money and pay bills through Western Union stores as well as kiosks in around 7,600 Walgreens and Duane Reade stores.

Launched at Western Union’s flagship 1440 Broadway in New York City—with more participating Western Union Agent locations to follow—customers will be able to use their iPhone 6 to fund a Western Union Money Transfer transaction or bill payment.

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Bank of America cites 1.1 million cards using Apple pay, Savers and FoodMaxx add support

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Date: Friday, January 16th, 2015, 12:19
Category: iOS, News, retail, Software

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Apple Pay is gaining some momentum.

Per 9to5Mac, Bank of America, which partnered with Apple to rollout Apple Pay at launch last October, has announced new customer data on adoption of the iPhone-based mobile payment service. The bank’s most recent quarterly earnings reveal that nearly 800,000 of its customers have begun using Apple Pay with a total of about 1.1 million debit and credit cards activated.

In addition to the latest customer data from Bank of America, support for paying with Apple Pay is popping up at Shoppers in Northern California and Nevada, which now offers the option to check out with Apple Pay at Lucky, Save Mart and FoodMaxx stores, Save Mart Supermarkets announced on Thursday.

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