Where do you shop that makes PayPal the "king of payment processing" for you? I do nearly all my shopping online and only once every 5-6 months out of hundreds of transactions do I encounter a vendor that requires utilizing PayPal.
What would define Apple Pay's success? For Apple it is a service through which its customers can successfully compete both E and physical transactions without having to provide specific credit card information. I don't expect people in Europe to start lining up at apple stores and switch over to Apple or start buying 800$ phones (instead of much cheaper phones) just because Apple Pay exists. What it allows apple to do is provide a safe and secure way to execute transactions - to its customers while adding value to its eco-system. It will also open up a new revenue stream for the company especially in the E-commerce side of things with the sort of success the iPad enjoys with online shopping. Other than that its just another form of NFC payment and it wouldn't cost the vendors a whole lot of money to be apple pay compatible if they already have existing NFC payment systems in place. Both Apple Pay and iBeacons will take time to catch on but even if a fourth of Apple's future customers embrace it, then I feel it will be a huge success. Currently Apple has the 6 and 6+, the Apple watch and the rumored iPad Air2. The customer base is substantial (especially if the Apple watch sells in numbers) for them to start generating business through apple pay.
Paypal is fundamentally different imho, with it one has to have a credit card or a bank account linked up to the paypal account. With Apple pay (from what I read) one just needs to snap a picture of the credit card and the information is stored on the device and not on some company's cloud where one needs to maintain an account. With apple pay i deal with my vendor and my credit card company or bank. With Paypal I am dealing with them, the vendor, the credit/debit card company for essentially the same service. Plus there is security in that my credit card information is secured through touch ID, encryption and not shared on some company's systems that can be hacked.
We already have NFC payment cards, that cost £0.00 with our bank or credit accounts. Using a bank card is also quicker than fiddling with a damn phone.
It also doesn't show everyone in the world you got a £600 phone. It'll take off a lot faster in the US where NFC and Chip 'n' Pin is still in it's early stages.
Very true. We would be bemoaning the death of Apple's class, ethics, and good taste. We'd be crying over a deal that would do nothing but bring Apple down. We would be sad that Satan's forces had scored a victory.
Thank god that didn't happen.
Death to Paypal
Well, iCloud wasn't "hacked" at all...so... best to have a clue what you're talking about before contributing.
Poking fun of the hacking of iCloud? Wow. It's a good thing PayPal was never hacked.
http://www.usatoday.com/story/tech/2014/02/10/paypal-ceo-credit-card-hacked/5367979/
http://thehackernews.com/2014/02/ebay-and-paypal-uk-website-hacked-by.html
http://news.softpedia.com/news/Over...unts-Sold-on-Underground-Website-331404.shtml
When you hack iCloud, you get naked pictures of celebrities. When you hack Paypal accounts, you get a direct line into their checking account with no legal recourse to getting your money back.
I think for most people having your paypal account hacked is more of a problem. Nobody wants to see 99.999% of the nude pictures that are floating around. There are lots of people who would love to drain your bank account.
Different people said different things then. It happens so often here that people generalise on this forum:
-"all the iPhone 6 haters will buy it anyway..."
-"The new iPad is ugly but all the people saying it will be in line..."
I think apple is bipolar. If they hate Samsung so much why do they still get parts from them. This is pretty childish.
Really? So much dramatics.![]()
You'd be all "Apple is great", "Apple is selling its Apple Pay" , "Apple are magical", if this was Apple instead of Samsung. Apple is showing its class right now...
Dramatics? If anything I don't go far enough!
I am still highly suspicious of these Tesla elecctric cars because of their founder's early work with PayPal. Time will tell, but right now I'm not won over for that fact alone.
THAT'S how much I hate PayPal. I hope Apple never touches them with a 300 foot pole.
I've used PayPal for years without any problems. They even help me get my money back from a vendor who took more money from my account than what they were supposed to take. Quick phone call to PayPal fixed it.
Then don't. You have your consumer choice.
Apple acting like a jilted three year old again, get over yourself Apple and play nice! Consumer first, not Apple first!
I hope PayPal goes out of business.