Apple iPhone 6: Mobile Payments Pioneer? - InformationWeek

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Apple iPhone 6: Mobile Payments Pioneer?
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shakeeb
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shakeeb,
User Rank: Ninja
8/31/2014 | 3:33:47 PM
Re: Apple's already destroyed market share
@tzubair- Do you mean to say that Google will lose a lot of customers / users if they screen the apps.
shakeeb
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shakeeb,
User Rank: Ninja
8/31/2014 | 3:32:40 PM
Re: Apple's already destroyed market share
@Rocwurst01 – yes Apple has lost a considerable amount of market share with android coming to the picture, but we see Apple trying hard to correct this. 
shakeeb
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shakeeb,
User Rank: Ninja
8/31/2014 | 3:30:06 PM
Re: Apple's already destroyed market share
@ stotheco – This is one major problem for most of the users, if you're looking for an app you need to install and read reviews of at least a handful of apps before you could find the one that meets your requirement.  
shakeeb
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shakeeb,
User Rank: Ninja
8/31/2014 | 3:27:43 PM
Re: Fanbois
@ stotheco – I am sure other manufacturers and Google would look at all possible options to come up with a better payment mechanism. 
WaqasAltaf
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WaqasAltaf,
User Rank: Ninja
8/31/2014 | 3:20:13 PM
Re: Rapid deplyment of NFC by Apple
Shakeeb, today Google Glass may seem a wasted investment but it may become a game-changer some day. It is just that today people see it as a luxury item; tomorrrow it may become the trend and the way of communicating and interacting with the technology. 
jgherbert
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jgherbert,
User Rank: Ninja
8/31/2014 | 3:18:21 PM
Re: Wait, What?
@shakeeb> "yes majority use android devices and I am wondering how Apple is planning to fix this"

 

I don't imagine they would plan to do anything. The situation right now is that NFC is supported by Android on a number of platforms, and also Windows Phone, yet it hasn't taken off. If few people are moving to Android/Windows to get NFC, I also don't see much change in the other direction - it's not (yet) a "must-have" feature. However, if it becomes ubiquitous by way of Apple supporting it as well, then it may become a more common option for mobile payments.
jgherbert
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jgherbert,
User Rank: Ninja
8/31/2014 | 3:15:54 PM
Re: Fanbois
@shakeeb:"most of us have confidence in making a payment with PayPal as we know we are protected"

Speak for yourself! :-) I've had a number of issues with PayPal in the past, and some of the stories I've read about how they've treated some people's money (including basically holding it hostage through ridiculous procedures to get it back) don't engender trust on my part.
WaqasAltaf
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WaqasAltaf,
User Rank: Ninja
8/31/2014 | 3:07:09 PM
Re: Fanbois
Shakeeb, I don't see that happening. Apple has chosen a course i.e. to target high spending customers and they don't see a need to reduce prices esp. of new products in order to grab a larger market share.
WaqasAltaf
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WaqasAltaf,
User Rank: Ninja
8/31/2014 | 3:03:38 PM
Re: Apple's already destroyed market share
Shakeeb, I think industry will find a solution for standardization of payment methods. Else the users and sellers both will have to face management issues. Transaction management issues for sellers can be significant as they will have to different processes for both Apple customers and Android customers for instance.
shakeeb
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50%
shakeeb,
User Rank: Ninja
8/31/2014 | 2:43:12 PM
Re: Pioneer???
@ToniS383 – Apple's mobile payment would be accepted by majority thereby creating it one of the most acceptable payments across globe. Eventually the other small mobile payment apps and services would shut down. 
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