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Apple Working on Mobile Person-to-Person Payment Service
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Maybe they can put in a nag windows that pops up every 10 minutes until they pay up...
This will change everything! Never have to use cash again, and have confirmation of payment. Both will make my life easier, in addition to an easy, cheap, and fast way to pay non-local contractors (if allowed). I have two banks that I use that have free ACH transfers, but they are relatively clumsy and can take two days.
Yep. Thanks to extreme resistance from retailers (most of them would still be cash only if they could get away with it!) I can easily see Samsung having the majority of the mobile payment market in the US. Samsung needs to dramatically increase the number of banks it supports, however.
The liability shift for EMV happened a month ago. And while bank transfers in the US are slower than elsewhere, most places can definitely transfer a lot more quickly than PayPal.
I would say so..especially with Square's money policy...yes...it's trouble to them. I'm glad too.
What?
You don't find it odd that this story is 3 days old... Hummmm.... since this is vapor ware too, do you think it could be that Samsung caught wind of what Apple was doing? Or maybe, it's just a logical step based on customer requests?
I would think it has to be a debit card or there would be a fee. Otherwise it would be a loophole for cash advances.
Wrong. I only associate with smart people so they have iPhones. All family members have iPhones as well.
I already have PayPal and Chase Quickpay. Why would I want yet another such service? Quickpay lets me send money to anybody with an email address, is free, and works through my automatic bill pay service with the bank for recurring payments if needed.
What, like with some manner of certificate that can be freely transferred between people or other entities, in exchange for goods and services? And that's not tied to any particular company or hardware? If only there was a way to accomplish that without introducing a middleman and proprietary hardware and software. Like with a printed bill that would fit in one's wallet and is accepted anywhere?
You can send folks money with Google Wallet App. That is the main reason it still exists and is separate from Android Pay. (Well that and the Wallet Card)
Good point, but (I didn't explain this well) Square's business model is largely built on merchant services and providing the software and hardware to accept payments. Apple doesn't compete with that model. In fact Square's new NFC + Chip hardware works with Apple Pay.
Well hopefully this feature will be rolled out to everyone not just in the countries where Apple Pay has been launched.
This seems a bit silly. If Apple entered the market today, it would be entering a fairly saturated market already. Doing it a year from now will be far worse.
And how Apple didn't just copy NFC, they made it secure! With Touch ID and the secure enclave, impossible for Google to deliver because they don't control the hardware.
oh ok,,,, just by the fact one company Google has a wallet system, and someone follows that we say its "copied" how does that work ?
Thank goodness i don't come with my own mobile payment, otherwise i'll be labeled as a copycat. for life... good heavens .. what ever will i do.. almost like no other company can get a their own payment system and there only has to be one only.
If Apple wants to do one, good on 'em, but i won't be using it
Thank goodness i don't come with my own mobile payment, otherwise i'll be labeled as a copycat. for life... good heavens .. what ever will i do.. almost like no other company can get a their own payment system and there only has to be one only.
If Apple wants to do one, good on 'em, but i won't be using it
Don't know about Europe but Chase Quickpay works with any email address that us tied to a bank, no matter what bank that is. I use it all of the time, most recently for guitar lessons.
In the UK at least, bank transfers are instantaneous between banks, and if I withdraw money from PayPal it appears in my account quicker than I can refresh the bank balance page.