Register

I agree with the Privacy Policy

Yahoo! Finance & News

Apple could offer loyalty rewards for mobile payments

September 15, 2014

“It’s a technique worth trying,” says Jennifer Kent, a senior analyst at market researcher Parks Associates. “Mobile payments have had a difficult time getting traction with consumers.”

A possible Apple rewards program could offer discounts with participating retailers or points to make free purchases from Apple’s popular iTunes stores. Apple said it isn't collecting transactional data from Apple Pay, so rewards might work through partnerships with retailers or credit card issuers. Apple has 800 million iTunes customer accounts with a credit card on file, the company said in April.

From the article, "Apple could offer loyalty rewards for mobile payments" by Aaron Pressman.

Previously In The News

Alarm.com IPO shows possibilities for profit in smart home services

While 1 in 5 broadband-connected U.S. households pay for some kind of professionally-monitored home security systems, fewer than 1 in 12 have installed so-called smart home gear, according to a sur...

Will the smartwatch be the key that unlocks connected health?

The market for wearable technology devices is still in its infancy but consumers are already favoring health and fitness applications. New Parks Associates research published Tuesday shows that...

‹
1
2
...
24
25
26
27
28
29
30
31
32
33