News

Hey Payments Fanatic! Apple has announced plans to open up its iPhone tap-to-pay NFC (Near Field Communication) capabilities to third-party developers, signaling a significant shift in the company's approach to mobile payments. This move comes amid increasing regulatory scrutiny, particularly in Europe, where Apple has faced pressure to

Hey Payments Fanatic! Big changes are coming for Patreon creators on iOS as the platform will discontinue certain billing models by 2025 to comply with Apple's subscription requirements. Patreon announced it must switch to Apple’s in-app purchase system for all iOS transactions or risk removal from the

Hey Payments Fanatic! Amazon's e-commerce growth has slowed, pushing the company to explore partnerships with social media platforms, where shopping is on the rise. Amazon has now teamed up with TikTok, allowing users to purchase items from Amazon ads without leaving the app, and has a similar arrangement

Hey Payments Fanatic! PayPal announced that its guest-checkout solution, Fastlane, is now available to all U.S. merchants after a test phase. Initially, businesses must use PayPal’s payment services like Braintree or Complete Payments to access Fastlane. Launched in January, Fastlane stores customer data such as names, emails, phone

Hey Payments Fanatic! J.P. Morgan Payments is expanding its relationship with PopID to deploy in-store biometric payments to pilot merchants across the United States. Shoppers can complete transactions using pay-by-face biometrics, without pulling out their phones or credit cards. Biometric payments enable shoppers to pay by smile to complete

Hey Payments Fanatic! Apple has demanded that WeChat parent Tencent and Douyin parent ByteDance stop allowing in-app creators to direct users to external payment systems. According to Bloomberg, Apple has threatened to reject updates for WeChat and Douyin if these loopholes remain. An Apple spokesperson stated that their guidelines require