Obama signs executive order to get the government ready for mobile payments faster

Apple Pay is launching tomorrow (Monday), which many may claim is kickstarting a mobile payments revolution. Of course, the trouble with that idea is that the switch to point-of-sale (PoS) systems that can accept mobile payments is something that was coming anyway. On Friday, President Obama signed an executive order to help make that switch faster in the US government.


As we've explained before, two years ago, credit card companies committed to a switch to EMV systems by October 2015. EMV and NFC essentially go together in PoS systems, meaning all companies that switch their ...





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