Weve drops wallet plans?

News in brief

News in brief

UK carrier owned mobile commerce venture Weve has cancelled its planned mobile wallet service in the wake of the Apple Pay launch, The Telegraph reports. “A source at one mobile operator said Apple’s move meant it would have to write off gaining a share of payments from iPhone users, who represent about a third of the UK smartphone market,” the article says. Weve’s US equivalent, carrier joint venture Softcard, is continuing with its plans, however, and hopes to be available on NFC-enabled iPhones in 2015.

Filed by Email Sarah Clark nfcworld.com Published 16 September 2014, 12:45 • Last updated 16 September 2014, 12:45