Thursday, May 23, 2024

    Microsoft rumoured to be trialling m-pay solution, Idaho already up for it

    Microsoft looks likely to be entering the m-payments race, with various sources reporting that the company has applied for money transmission licences in all 50 US states and that it has demoed a tap to pay solution at the WinHEC conference for Windows developers in China.

    The company refuses to make any comment, but it is believed that the service will use NFC and Host Card emulation. So far it has received approval from the State of Idaho.

    The move would take Microsoft into the realms of m-payment in a similar vein to Apple Pay. But Apple Pay penetration remains low at around 2% in the US, where it is in use.

    Related Articles

    Subscribe to our newsletter

    To be updated with all the latest news, offers and special announcements.

    24 Seven 600x500
    Evina 900x750
    SeriouslyFresh 600x500