Microsoft Pay (previously Microsoft Wallet) was a mobile payment and digital wallet service by Microsoft that allowed users to make payments and store loyalty cards on certain mobile devices, as well on PCs using the Microsoft Edge browser. Microsoft Pay does not require Microsoft Pay-specific contactless payment terminals, and supported existing contactless terminals if used on mobile devices.[1] Similar to Android Pay, Microsoft Pay utilized host card emulation (HCE) for making in-store payments.[2]
The service's original name was also originally used for a feature included in Internet Explorer 4 and Internet Explorer 5 that allowed users to store credit card information to use with a limited number of supported sites.
Microsoft Wallet was launched on June 21, 2016, in the United States. It was initially released to participants of Microsoft's Windows Insider program and was later made available to the general public on August 16, 2016, with the release of the Windows 10 Mobile Anniversary Update. The service was launched exclusively to Windows 10 Mobile in conjunction with an update to Microsoft's Wallet app.
The launch of the Microsoft Wallet service established Microsoft's own in-house mobile payment platform, enabling it to bypass its prior dependencies on third parties for contactless payments on Windows-based smartphones. Microsoft's mobile operating system had previously supported contactless payments for NFC-equipped handsets as early as 2012 in Windows Phone 8 and the original Wallet app. However, in the prior operating system, Microsoft depended on third-party intervention to make the payments feasible. Mobile carriers had to support this by providing secure element SIM cards to customers. Additionally, in the United States, mobile carriers AT&T, T-Mobile, and Verizon required use of their joint-venture developed platform, Softcard, to process the payments. When Softcard was purchased (and subsequently shut down) by Google in early 2015, it left the Windows platform without a viable contactless payment system in the United States.
The new platform allows Microsoft to coordinate directly with financial institutions and credit card issuers to make contactless payments on Windows-based smartphones, beginning in the United States. On November 15, 2017, Microsoft rebranded Microsoft Wallet to Microsoft Pay and allowed payments to be processed through it on Edge.[3]
Microsoft retired the service on February 28, 2019, coinciding with the company's end of support for Windows 10 Mobile and subsequent exit from the mobile OS market at the end of the year.[4]
^"Wallet frequently asked questions". Microsoft. from the original on 13 September 2016. Retrieved 21 June 2016.
^Rubino, Daniel (June 11, 2016). "NFC Tap to Pay is Coming to Windows 10 Mobile with Microsoft Wallet 2.0". Windows Central. Mobile Nations. from the original on June 30, 2016. Retrieved June 28, 2016.
^"Microsoft is rebranding Microsoft Wallet as 'Microsoft Pay' in Windows 10". Windows Central. 2017-11-15. Retrieved 2021-02-11.
^Adams, Matthew (2019-01-22). "Microsoft discontinues Wallet app in February 2019". Windows Report. Retrieved 2022-06-21.
External linksedit
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May 04, 2024
microsoft, this, article, needs, additional, citations, verification, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, january, 2018, l. This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Microsoft Pay news newspapers books scholar JSTOR January 2018 Learn how and when to remove this message Microsoft Pay previously Microsoft Wallet was a mobile payment and digital wallet service by Microsoft that allowed users to make payments and store loyalty cards on certain mobile devices as well on PCs using the Microsoft Edge browser Microsoft Pay does not require Microsoft Pay specific contactless payment terminals and supported existing contactless terminals if used on mobile devices 1 Similar to Android Pay Microsoft Pay utilized host card emulation HCE for making in store payments 2 Microsoft PayDeveloper s MicrosoftInitial releaseJune 21 2016 7 years ago 2016 06 21 Operating systemWindows 10PlatformMicrosoft EdgeLicenseProprietaryWebsitehttps www microsoft com en us payments The service s original name was also originally used for a feature included in Internet Explorer 4 and Internet Explorer 5 that allowed users to store credit card information to use with a limited number of supported sites Contents 1 History 2 See also 3 References 4 External linksHistory editMicrosoft Wallet was launched on June 21 2016 in the United States It was initially released to participants of Microsoft s Windows Insider program and was later made available to the general public on August 16 2016 with the release of the Windows 10 Mobile Anniversary Update The service was launched exclusively to Windows 10 Mobile in conjunction with an update to Microsoft s Wallet app The launch of the Microsoft Wallet service established Microsoft s own in house mobile payment platform enabling it to bypass its prior dependencies on third parties for contactless payments on Windows based smartphones Microsoft s mobile operating system had previously supported contactless payments for NFC equipped handsets as early as 2012 in Windows Phone 8 and the original Wallet app However in the prior operating system Microsoft depended on third party intervention to make the payments feasible Mobile carriers had to support this by providing secure element SIM cards to customers Additionally in the United States mobile carriers AT amp T T Mobile and Verizon required use of their joint venture developed platform Softcard to process the payments When Softcard was purchased and subsequently shut down by Google in early 2015 it left the Windows platform without a viable contactless payment system in the United States The new platform allows Microsoft to coordinate directly with financial institutions and credit card issuers to make contactless payments on Windows based smartphones beginning in the United States On November 15 2017 Microsoft rebranded Microsoft Wallet to Microsoft Pay and allowed payments to be processed through it on Edge 3 Microsoft retired the service on February 28 2019 coinciding with the company s end of support for Windows 10 Mobile and subsequent exit from the mobile OS market at the end of the year 4 See also editLG Pay Apple Pay Google Pay Apple Wallet Samsung PayReferences edit Wallet frequently asked questions Microsoft Archived from the original on 13 September 2016 Retrieved 21 June 2016 Rubino Daniel June 11 2016 NFC Tap to Pay is Coming to Windows 10 Mobile with Microsoft Wallet 2 0 Windows Central Mobile Nations Archived from the original on June 30 2016 Retrieved June 28 2016 Microsoft is rebranding Microsoft Wallet as Microsoft Pay in Windows 10 Windows Central 2017 11 15 Retrieved 2021 02 11 Adams Matthew 2019 01 22 Microsoft discontinues Wallet app in February 2019 Windows Report Retrieved 2022 06 21 External links editOfficial website Retrieved from https en wikipedia org w index php title Microsoft Pay amp oldid 1161091937, wikipedia, wiki, book, books, library,
