Several major national and international banks are planning to launch their own mobile payments apps next year.
Phones from Xiaomi still haven't arrived in the U.S., but the company's booming sales in China have been enough to make it the third largest smartphone vendor in the world.
The company behind CurrentC, an in-store mobile payment system backed by some of the biggest retailers in the U.S., attempted on Wednesday to play down a growing controversy over whether its backers could accept Apple Pay.
Facing claims that the company lifts too much from Apple, Chinese smartphone maker Xiaomi defended its design philosophy and said the whole industry is constantly innovating on the ideas of the competition.
Apple's new contactless payment system on the iPhone 6 saw 1 million activations in its first three days of use, pointing to an initially enthusiastic response from Apple users.
Apple CEO Tim Cook says bringing the recently launched Apple Pay system to China is his top priority for doing business the country.
Days after the launch of Apple Pay, Rite Aid has stopped accepting the payment system at 4,600 stores across the United States.
The launch this week of Apple Pay is giving many people their first taste of NFC payment technology, which allows them to buy things in a store by bringing an iPhone 6 close to a compatible terminal.
Some Bank of America customers have been double-charged for purchases made with Apple Pay, the payment system Apple launched on Monday.
Just after Apple's iCloud service faced a hacking attack from China, Apple CEO Tim Cook met with a Chinese official on Wednesday to discuss protecting users' privacy.
The first products from Apple's mobile enterprise partnership with IBM will roll out next month, according to Apple CEO Tim Cook, who said the partnership "could change the way people work."
Apple fans in Beijing lined up on Friday to get their hands on the company's newest iPhones, after waiting a month for the product to officially arrive in mainland China.
After trying to charge upward of US$2,000 for an iPhone 6, grey market dealers in China are slashing prices as Apple prepares to begin sales of the product in the country.
The outspoken CEO of Foxconn Technology Group, the maker of Apple's iPhone 6 Plus, is scoffing at the idea that the iPhone Plus has a problem with bending if left in a user's pocket too long, and said rivals were behind the controversy.
Hot off the heels of the largest iPhone launch comes another Apple event following the issuing of cryptic invitations.
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First impression on unpacking the Q702 test unit was the solid feel and clean, minimalist styling.