Apple Pay was introduced last year by Apple as an alternative to paying with your credit card. The system works by adding your credit card information to its Wallet app. Then you can just use your phone at special terminals to pay for items. According to Apple the system uses …
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Samsung Acquires LoopPay?
For $250 million, Samsung has acquired LoopPay. This addition means that the Korean phone company has entered the mobile payment market. So what did LoopPay do? They’re the guys who invented the technology where you could use your phone case to pay at the credit card swipe. Now, Samsung’s master …
Read More »NASDAQ Using Bitcoin Tech?
The NASDAQ stock exchange has begun to experiment with something that may change the way of how stocks are traded. They have decided to use the blockchain. For those who are unfamiliar with this, blockchain is the same technology that powers the system Bitcoin operates on. Essentially, it’s a computer …
Read More »Bitcoins Taking Over New York
What are bitcoins? They’re a form of digital currency, to which the US Treasury categorized them as “decentralized.” This means that they can be accepted everywhere (in theory). Now, the state of New York has issued an LLC charter to the virtual currency exchange site itBit, making it fully regulated in …
Read More »You can now use PayPal for Apple Store purchases
It’s true that Apple and PayPal have worked together in the past, and for services like iTunes, PayPal has been a payment option for a long time. That being said, you couldn’t purchase an actual physical item from Apple’s online store via PayPal. That is, until now. Apple has teamed …
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