Apple Pay can be hacked

It is possible for hackers to steal the Apple Pay “payment token” using public Wi-Fi or a fake Wi-Fi hotspot that asks users to create a profile. In other they can crack Apple Pay by using a time tested hacking tactic called Wardriving.

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Chase Proves Banking is Back!!

Chase Pay will be integrated with both PayPal’s digital wallet and the Braintree merchant platform, TechCrunch reported. That means Chase Pay users might be able to use the app to pay at merchants will Braintree accounts.

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“Venmo” for Apple Pay is Coming

Apple is trying to clone Venmo for two big reasons. The first is that users of Apple Pay’s biggest competitor; Alphabet’s (NASDAQ: GOOG) Android Pay, can access PayPal accounts through that app. That means it might soon be possible use Venmo to send money via Android Pay.

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PayPal’s Extraordinary Growth Continues

PayPal sees a bright future for P2P and is betting big on the technology. The company acquired the Canadian cloud-based payment processor TIO Networks for $233 million in February, a press release indicates.

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The Strange Relationship between Apple Pay and Western Union

The growth is driven by millennials who are more likely to use digital payment solutions such as Venmo and less likely to have traditional bank accounts or credit cards. These people can get through their days with electronic solutions and cash but still need to receive funds from home and send the occasional money order.

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Samsung Pay in India, Apple Pay in Ireland, Apple Pay might be coming to Belgium and Italy

Apple Pay launched in Ireland on March 7, Apple Insider reported. This means it is now available on the entire island. IPhone users can already use the app in Northern Ireland, which is part of the UK.

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Whole Foods, Walgreens subsidiary biggest beneficiaries from Apple Pay

The numbers show us that Apple Pay is far from the mainstream. Unless some sort of radical paradigm shift occurs; it will be well over a decade before average Americans even consider this solution.

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Android Pay Now Supports PayPal, Discover and Visa Checkout

Among other things that means Android Pay is now accepted at all Walgreens (NASDAQ: WBA) drugstores, Payments.com reported. It also means but Android Pay can now be integrated with Walgreens Balance Reward card program much like Apple Pay is. Unfortunately Walgreens was the only store mentioned in news stories about the new registers.

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Microsoft Reveals its Answer to Apple Pay

So far you can only access Visa (NYSE: V) and MasterCard (MA) through Microsoft Wallet. American Express and Discover are not mentioned at its website. Just eight banks are mentioned but only two major US banks accept it; Bank of America and US Bank. One major Canadian Bank TD Bank is also mentioned at the website. Chase is listed there as coming soon

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Chase Pay is Available

There are also plans to roll out Chase Pay at Walmart, Phillips 66 gas stations, Conoco filling stations, Shoprite and The Fresh Grocer supermarkets and Shell convenience stores within the next year or so. Chase and Walmart made a big deal of the availability through Walmart Pay a while back so that is probably a done deal.

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