Banks exploring their own solutions to compete with Apple Pay
It looks like major banks are working on their own mobile payment app that would rival Apple Pay and other solutions on the market today, like Google Wallet and Softcard/ISIS. A MasterCard executive stated that banks are beginning to explore technology that would allow it to offer their own solution.
MasterCard SVP for mobile and emerging payments James Anderson said:
Banks would leverage software, rather than hardware, to increase adoption, according to PC World:
What do you think of a solution made by banks? Would you give it a shot?
Source: PC World
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