Tags Posts tagged with "Apple Pay"

Apple Pay

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Recently it was declared by the representatives of the Industrial and Commercial Bank of China Ltd on the social media posts, that Apple Pay mobile payment system from Apple Inc. shall be available for the Bank’s customers from 18th of Feb. Earlier, Ms Apple Ins had also announced that the system will be made available in China in early 2016. This makes China the fifth nation in the world to have this. The ICBC ban is China’s biggest lender by assets, and this system is expected to enhance the development of a new revenue system.

apple pay

Spokeswoman of Apple has refused to comment on the post of the launch, the company’s China website list 19 lenders as official partners. Greater China is the second largest market for Apple. In other markets, including the home market, the beginning of Apple Pay has not been quite auspicious. In China Apple Pay will have strong competition from the existing dominant players. As here the shoppers are thoroughly used to pay for their products or services through handsets.

China being the largest market in the world for smartphones with almost 358 million customers, which is more than the entire population of U.S.A. There are two biggest firms in China, Tencent Holdings and Ant Financial services group are the internet companies in this market.

Earlier the State radio of China had reported on website that two other banks China Construction Bank Corp and China Guangfa Bank Co.Ltd would also launch, Apple pay on February 18, however the spokesmen from both the banks have not confirmed this so far.

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Mobile payment is the current technological advancement that is highly trending in the technological market. This online wallet system allows you to pay for apps in the fastest and easiest way. This is one of the convenient way pf payment in your phone since it actually works very well with you credit cards .Samsung Pay and Apple pay are quite different on terms of their features and usage .Samsung pay a product from the Samsung company is mainly meant for Samsung devices i.e. galaxy note 6 etc. while Apple pay from the Apple company is meant for Apple products such as iPhone .Here are the top difference between Samsung Pay and Apple Pay.

apple pay

difference between Samsung pay and Apple pay

Samsung pay is supported universally with almost 80 % of the world’s location and points of sale. This makes it very easy for mobile payments all over the world .On the other hand Apple pay only works where NFC is accepted like in the ATMs and Gas pumps.

Apple pay is not supported by any app .All you need to do is to double click on the Home button so as to access your wallet. This increases the security system and prevent hackers from accessing your account details by use of malwares. On the other hand the Samsung pay uses the over-the-air software that allows it be compatible with most devices.

You have to note that not all devices from this companies are compatible with the online wallet system. Apple pay is only compatible with this devices: IPhone 6s,iphone 6s plus, iPhone 6, IPhone 6 plus, Apple watch, iPad pro, iPad Air 2,iPad mini 4 and iPad mini 3.Samsung pay is compatible with the following devices at the moment: smart TV ,Galaxy S6,Galaxy note 5,Galaxy S6 edge plus, Galaxy S6 edge Sprint ,AT & T ,T-Mobile and US Cellular.

What makes Samsung pay more unique in compatibility is that it is also compatible with almost all of its device as you have the over-the-air software its very simple to update and enable the Samsung pay in your Samsung device.

Apple pay and Samsung do not store or send your personal information in the credit cards so as to prevent anyone to access your cash. Also both of them protect your account when you lose your phone hence no one can access your system of online wallet. Apple pay provides a more secure payment where you have to use your fingerprints to pay hence no one can make any purchases on your behalf .This is contrary to the Samsung pay which uses the Knox security software and ARM Trust Zone .

Apple pay has got a limited use where its conveniently meant to pay for online apps in the stores .It has got a limited number of stores in the world to pay from .On the other side, Samsung pay allows you to even withdraw some cash in ATMs with a maximum limit of $200, it also allows you to pay for various apps in the Play Store .you can also pay for your favorite movies, games and music in the Xbox

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The online wallet system is the current latest technological advancement that is really trending in the technological market .Android pay is an online system that allows you to upload your cash into the mobile phone on the Android device. Android pay Is compatible with Android devices while on the other hand Apple pay is compatible with Apple devices. Despite the fact that all of this are mobile payments options they have got a great difference in terms of the features .Here are the top difference between Apple pay and Android pay.

Android Pay logo

Difference between Android Pay and Apple Pay

Android pay requires you to have a pattern password or even PIN so as to carry out transactions with it this ensures maximum security to your cash .On the other hand the other Apple pay uses the fingerprint which is a biometric security system to safe guard your cash. This is one of the top security system to secure your cash online .This is one of the major difference between this 2 mobile payment form.

Android pay supports numerous cards from various banks in the world making it used universally .It also supports the gifts and loyalty cards that allows you to earn the loyalty gifts and rewards whenever you are using your Android as a means of payment. On the other hand Apple pay does not support loyalty and gift cards hence you cannot earn any rewards whenever you are using it.
You have to note that not all devices from this companies are compatible with the online wallet system. Apple pay is only compatible with this devices: IPhone 6s, iPhone 6s plus, iPhone 6, IPhone 6 plus, Apple watch, iPad pro, iPad Air 2, iPad mini 4 and iPad mini 3.On the other side the Android pay is compatible with all Android devices with Android 4.4 version and above .This makes it not compatible with all the devices for Android.

apple pay

Android pay allows you to keep track of your purchases thus ensuring maximum security of your cash .Apple pay is one of the safety ways but does not have a feature that allows you to keep track of your purchases. It also has got its other secure ways of keeping track of your purchases especially from the online stores.

Apple pay has got a limited use where it’s conveniently meant to pay for online apps in the stores .It has got a limited number of stores in the world to pay from. Android pay is highly accessible to various stores universally .This makes it very convenient to be used in any part of the world.

Apple pay allows you to set up your business and connecting with it so as to allow your customers to pay for their bought commodities with it .You will earn loyalty points when you do this. On the other side Apple pay also allows you to set up your business by connecting to it but there is no loyalty points you will earn from it.

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After a lot news about Apple WWDC 2015, today the scheduled program ended in California. There were load of developer who were lined up to see what Apple would reveal to aid them in further their development journey. With more than 30 billion dollars in annual payout. Developers do thoroughly enjoy Apple attention. Last year Apple got the engine reviving after a slight slump with WWDC. Hence load of excitement was already there for obvious reasons. Have a brief look at things that were revealed at Apple WWDC 2015

Apple Logo

iOS 9

After few complaints over iOS version on older version of the Apple device like iPhone 4S or original iPad Mini, the version will come with improved stability, which with a focus on iOS 9. While on new devices like iPhone 6s, the iOS 9 will offer Force touch support.

The Spotlight Search will be getting changed with Proactive. More and more features will be added with the new User Interface. Also, the Map application with transit direction by which one can browse with point of interest and check enlarged reality view.

Apple Watch

The App developer of Apple Watch will get new SDK, which will give access to Watch Sensor with digital crown. With this Apple Watch one can use the device as a standalone device, but lack of GPS might affect the device, lets hope for the good

Apple Pay

Apple Pay is a reward program of WWDC. With this program users might get various high points on using the system. This new app Apple Pay might face a huge competition in coming months.

Music Streaming

Apple introduced Beat Music at a price tag of $9.99 a month ago. While, iTunes might revamp and offer more content, free streaming and stations!

OS X 10.11

The wait ends! If you were the one waiting to upgrade your laptop or desktop, then this segment might make you feel delighted. The version might share its similarity with previous version of iOS with respect to few features like music control, Bluetooth toggles, Wi-Fi and Do Not Disturb mode. Also the pre-installed app might get update!