The Walmart-led group prepping a rival mobile-payments system finally speaks out after coming under fire for merchant actions. Plus: It warns of a hack.
Apple Pay or merchants' CurrentC? Consumers will have to decide which mobile payments system works better for them.
Apple has already confirmed that it won't charge merchants or consumers for card transactions, yet it's unclear how much in fees the company can generate from banks.
The company known for its mobile phone credit card scanner reveals another source of revenue as it continues to stave off reported money troubles.
Apple says a total of 750 banks and credit unions are now working with the iPhone-centric payment service.
CEO Tim Cook highlights the strength of iPhone and China, why he still has high hopes for the iPad and when Apple Watch will ship.
The closure comes amid rocky efforts by tech companies to expand into the financial industry.
That's a plus, given the retail giant's profit margins are higher when products are sold through third parties, say analysts cited in The Wall Street Journal.
A series of job postings hint at Amazon's desire to expand its same-day delivery service, including for products sold by third-party merchants.
China's e-commerce giant says that since January 2013 it has banned 90 million counterfeit items that had been on its listings.