Apple iPhone 6: Mobile Payments Pioneer? - InformationWeek

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Apple iPhone 6: Mobile Payments Pioneer?
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melgross
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melgross,
User Rank: Ninja
9/1/2014 | 11:23:41 AM
Re: Umm
If this works the way Apple has been running iTunes, then you won't have to put any money into it. Allpay, and other systems like it, are temporary, short term solutions. Once a reall mobile payment system is in place, and succeeds, they will disappear from the general market. This could be the one, being backed by all three major credit card companies.
melgross
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melgross,
User Rank: Ninja
9/1/2014 | 11:19:50 AM
Re: Umm
Perhaps if you put some thought into this rather that trying to be a platform for your anti Apple bias, you would understand it. Apple has the most experience with micro payments, something that been plaguing the payments industry. They have over 800 million credit cards used with iTunes, which includes the AppStore and their retail ARM. Amazon has less than 200 million, and no credit card company has as many.All three major credit card companies have signed on. PayPal has attempted to have Apple use them. Apple users buy more products through their phones and tablets than anyone using rival systems. Apple will sell over 200 million phones during 2015, and substantially more than that during 2016. Unlike with Android, all of those will have this system available. Retailers have been reluctant to spend thousands for NFC terminals, but are expected to do so once Apple has a system in place. If it's possible, for the first time, one may be able to use their phone for payment for transportation systems using NFC. There are a lot of reasons why this could be successful. And you would see that if you opened your eyes to reality, rather than just kept them squeezed shut, hoping Apple will fail, and your favorite company will succeed.
Li Tan
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Li Tan,
User Rank: Ninja
9/1/2014 | 10:37:51 AM
Re: Umm
Mobile payment is not someting new. I have installed Alipay App on my mobile phone for quite long time and it's very convenient. But I share the same concern with you as well. That's why I will never put big amount of money in my Alipay account.
BillB031
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BillB031,
User Rank: Moderator
9/1/2014 | 8:01:16 AM
Re: question
@mak63.... Probably not many, being this is nothing new, and android phones have had NFC for quite some time.  (Google wallet works great)... Adoption has been slow, since it is poorly understood by the general public.

Maybe Apple can mass market it successfully.  Google hasn't marketed it period.
RobertA768
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RobertA768,
User Rank: Apprentice
9/1/2014 | 3:01:57 AM
Umm
I don't really understand how this is revolutionary marketing for the iPhone 6, I never had a hard time using PayPal on my phone up until now, just makes me think Apple users are the most brain dead consumers out there that will buy anything just because it has an apple on it. I can see this being a bad thing, your phone gets stolen, hacked and then all your money is gone, I like the old methods because they haven't failed me yet, with how easily mobile technology can be manipulated, I would stay away from this one, look at the BitCoin thefts, same thing, except with your real money.
mak63
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mak63,
User Rank: Ninja
8/31/2014 | 11:56:30 PM
question
There's no denying that NFC and mobile payments are certainly a great feature. I was wondering, how many will switch to an iPhone 6 just because of it?

Perhaps it's a good idea to make a poll for it.
jgherbert
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jgherbert,
User Rank: Ninja
8/31/2014 | 11:55:18 PM
Re: Wait, What?
@pcharles09> Well I'll say this - NFC in addition to the iPhone fingerprint sensor could be a powerful combination for secure payments...
shakeeb
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50%
shakeeb,
User Rank: Ninja
8/31/2014 | 11:27:38 PM
Re: Wait, What?
@pcharles09 – Do you think Apple would be successful this time? It's not an easy challenge to get users onboard. 
pcharles09
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50%
pcharles09,
User Rank: Ninja
8/31/2014 | 10:59:55 PM
Re: Wait, What?
@jgherbert,

If anyone's going to open the door for the big time action, it'll be Apple. No better way to make people think they need something they don't... let Apple introduce it as ground-breaking.
shakeeb
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50%
shakeeb,
User Rank: Ninja
8/31/2014 | 3:36:30 PM
Re: Fanbois
@jgherbert – Ohh I am sorry to hear you had bad experience with Paypal. Currently I do all my Ebay transactions with PayPal and everything works smooth for me (maybe I haven't seen the bad side of it yet) 
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