A seven city tour to celebrate the launch of Samsung Pay in the United States will get underway. Samsung will give consumers in Austin, Dallas, Atlanta, New York, Chicago, San Francisco and Los Angeles a special opportunity to unlock special offers and prizes through Samsung Pay.
Samsung Electronics America has unleashed Samsung Pay in the United States today. Samsung Pay launched initially in Korea on August 20th. Plans for bringing the service to the China, Spain and the U.K. are also underway.
Fitch Ratings has published the latest issue of its Capital Structure and Covenant Analysis for the 50 Largest U.S. Leveraged Issuers and thr average enterprise value/EBITDA market multiple for the Fitch 50 increased from 11x to 14.7x, far exceeding the average market valuation multiple across all sectors, which decreased from 10.2x to 9.9x.
MasterCard is giving fans using Apple Pay to pay at the 2015 MLB All-Star Game presented by T-Mobile in Cincinnati, along with a Priceless experience. Those attending the 2015 MLB All-Star Week festivities will not only be able to use Apple Pay on-site for food and merchandise purchases, but when they do they could also receive a Priceless Surprise.
Apple Pay, lack of ATM support and the inability to enable payments in the banks’ existing mobile application is a big mixed bag for banks says new research.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Brooks Smith, President and CEO of InComm.
Sionic Mobile has ankled Spencer White as Chief Operating Officer and EVP Business Development. With more than 25 years experience, White co-founded Softcard (the AT&T, Verizon and T-Mobile mobile wallet joint venture – formerly Isis) whose technology was recently purchased by Google.
Google has acquired technology and intellectual property from Softcard to integrate into Google Wallet. The deal means the end of the Softcard, a joint venture of AT&T Mobility, T-Mobile USA and Verizon Wireless.
Atlanta-based MobileRecharge.com has launched MobileRecharge, an app for iOS and Android devices. The app is free to download on App Store and Google Play.
While CVS, Rite Aid and Walmart trashed Apple Pay this week, McDonald’s U.S. customers have another way to pay for their orders, thanks to a collaboration with Softcard. Customers will now be able to tap and pay both in-restaurant and in the drive-thru lane at all U.S. McDonald’s locations, marking the largest deployment of NFC-based mobile commerce in drive-thru.
More than 26,000 SUBWAY locations across the U.S. now offer contactless/NFC-based mobile payments. The program was facilitated by a partnership with Softcard.
PA-based USA Technologies unveiled a mobile payments, offers and loyalty program with Softcard designed for the multi-billion dollar commercial laundry market. Under the program, consumers using Setomatic Systems’ new SpyderWash Elite laundry machines enabled with NFC and SmartTap®mobile commerce technology will receive a 25% discount on purchases made with the Softcard app.