JPMorgan Chase announces Apple Pay competitor

Banking giant JPMorgan Chase announced plans to enter the mobile payments market at the Money20/20 conference in Las Vegas on Monday.

Gordon Smith, head of consumer and community banking at Chase, revealed plans to partner with MCX, a firm that is preparing an alternative to contactless payment systems. Walmart is itself utilizing MCX as the mammoth retailer leads the charge against contactless payment, and is partnering with Best Buy, Kohl’s, and Sonoco for the purpose. MCX uses QR codes in its system, which is scheduled to launch next year.

QR codes are not very popular with tech firms, and both Google and Apple chose contactless payment for their own services. Samsung Pay uses MST (magnetic secure transmission) for payments, which allows retailers to use their normal cash reader to support the service.

Chase Pay will only work inside stores that are partnering with MCX, and some retailers might not support the mobile payments service, forcing users to download MCX’s CurrentC app. To make it even more frustrating, only Chase credit/debit cards will be supported on the digital wallet.

Chase claims it will offer merchants lower transaction fees if they support Chase Pay, which could be enticing for some retailers. The Chase Pay app will be available on iOS and Android at launch, but Smith did not specify a date.

The digital wallet is focused on Chase customers who regularly use their credit/debit card. It is less of a competitor to Apple Pay or Android Pay, since it is not looking for bank support or going out of its way to gain retailer support for the service. Chase hopes that MCX will do most of the heavy lifting on the support side.

Chase might be on the wrong side of the battle for mobile payment services however, with consumers already taking an interest in contactless technology. Meanwhile, QR codes have not been popular since BlackBerry Messenger decided to scrap them, and in early tests appear to be less accurate and less secure than contactless payment.


New patent suggests multiuser support could one day come to Siri

A new patent suggests that a major improvement may be in the works for Apple's digital assistant. Nothing has been confirmed, but Apple may soon work on implementing multiuser support for Siri.

Free yourself! How to unlock a phone from the icy hands of your wireless carrier

Do you want to know how to unlock a phone through your carrier or a third-party service like DoctorSIM? Regardless of which way you want to go, we've compiled a list of requirements and methods for doing so.

Crypto-intrigued? Here's how to buy Bitcoin for the first time

Is it time to purchase your first Bitcoin investment? If you're ready to get involved in the cryptocurrency, we'll walk you through how to pick an exchange, how to choose the right wallet, and how to buy Bitcoin the safe way!

How to find a lost phone, whether it's Android, iPhone, or any other kind

Need to know how to find a lost phone? Here, we’ll help you locate your lost or stolen phone using both native and third-party apps and services, whether it’s a smartphone or an older variety.

Here's how to use iTunes to make a customized ringtone for any iPhone

No one likes to pay for ringtones -- or anything else, for that matter. So hang on to your precious money and check out our comprehensive guide on how to make ringtones for an iPhone using iTunes.

Huawei could announce a trio of new smartwatches at IFA in late August

The Huawei Watch 3 may be a ways off from release, but that doesn't mean Huawei isn't working on what it could look like. A new patent from Huawei hints at a smartwatch with space to store a pair of true wireless earbuds.

Apple aficionados, these cute pillows are made just for you

Created as "a cuddly tribute to the tech that changed our lives," these cute pillows will be hard to resist for diehard Apple fans. Each one features an iconic Apple product, including the first iMac and the game-changing iPod.

iPad battery explosion prompts Apple Store evacuation in Amsterdam

An iPad battery exploded in an Apple Store over the weekend, causing breathing issues for staff members, and requiring the fire brigade and an ambulance to attend. The incident took place in Amsterdam.

Airport’s low-tech solution to digital chaos involves the humble whiteboard

A U.K. airport has suffered a major computer error, caused by data connection problems, which has stopped flight boards from showing crucial passenger information. The solution is wonderfully low-tech.

Part smartwatch, all fitness tracker, the Charge 3 is a blast from Fitbit’s past

Fitbit announced its next wearable: The Fitbit Charge 3. The new fitness tracker features a touchscreen OLED display, smartwatch capabilities, enhanced fitness features and more. Here's everything you need to know about it.

Apple registers six models of Apple Watch Series 4 in European Union

Ready for an all new Apple Watch for 2018? It looks like Apple may be planning a complete redesign with improved health features. Here are all the details about the upcoming Apple Watch Series 4.

From DIY to AAA, here’s how to take a passport photo in 6 different ways

If you're applying for a passport or renewing one, you need to submit a photo in your official application. There are strict guidelines, but fortunately, it's something you can do at home. Here's how to take a passport photo.

Huawei P20 photos show bezel-less display with teardrop notch, triple camera module

Huawei is no stranger when it comes to big phones. And this year it plans to go even bigger with the Huawei Mate 20 and Mate 20 Pro. Here's what we think we know about the new range.

(Update: deal expired) The Essential Phone is on sale for a bargain price of $224

The Essential Phone (PH-1) was one of the best-reviewed phones of 2017, and it comes from Andy Rubin, the co-creator of Android itself. It has a striking design with a bezel-less display and the price is now down to $500.