Apple iPhone 6: Mobile Payments Pioneer? - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
Mobile // Mobile Business
News
8/30/2014
08:06 AM

Apple iPhone 6: Mobile Payments Pioneer?

Apple's latest iPhone could help bring mobile payments to the mainstream.

Comment  | 
Print  | 
Comments
Oldest First  |  Newest First  |  Threaded View
Page 1 / 7   >   >>
anon5361141033
100%
0%
anon5361141033,
User Rank: Apprentice
8/30/2014 | 9:15:57 AM
misinformed!!
Blackberry and android have had nfc in their phones for the last three years and we have been making payments in Canada with nfc for the last year and a half. Eric needs to gather all the information before writing a one sided article like this.

Apple is behind and old news, blackberry and android is the future. 
mrsinisterlefty
100%
0%
mrsinisterlefty,
User Rank: Apprentice
8/30/2014 | 11:38:53 AM
Re: misinformed!!
Same old same old. Apple comes to the party late and the Tech press hails them as geniuses.
Bobbydig
0%
100%
Bobbydig,
User Rank: Apprentice
8/30/2014 | 1:53:11 PM
Re: misinformed!!
It's funny that Blackberry and Android introduces features that no one uses. Same had with USB, until Apple entered the game. It's not about being first, its coming to the market at the right time. Sorry folks, this is where Apple is a genius and where as the rest fail. 
StubbornOx
100%
0%
StubbornOx,
User Rank: Apprentice
8/30/2014 | 2:57:11 PM
Fanbois
American's sure are excited about the prospects of Apple and NFC.  The rest of the world yawns as it's been around for years on other phones.

Of course the same people excited about this probably think Apple invented the mouse and the tablet PC.

Enjoy your Galaxy S4 Fanboi's.
hiram01
100%
0%
hiram01,
User Rank: Apprentice
8/30/2014 | 4:56:14 PM
Re: misinformed!!
That's because the party is dull and boring until Apple arrives! If Apple doesn't come to your party, it's a flop.
PedroGonzales
50%
50%
PedroGonzales,
User Rank: Ninja
8/30/2014 | 10:02:44 PM
Re: Fanbois
there may be a usability issue with electronic payments in the U.S.  I read articles that in many developing countries they already have electronic payments available.  The problem will be that if apple electronic payments take off, it will fragment the market because it would leave android users outside its system.  Unless, other companies collaborate with apple.  I think it will be difficult to become dominant payment system   
jgherbert
50%
50%
jgherbert,
User Rank: Ninja
8/31/2014 | 12:16:01 AM
Wait, What?
I keep hearing that if there's NFC (and mobile payments) in the iPhone 6, this will signal the start of the mobile payment revolution. It's funny though, Android is by all accounts the biggest selling mobile OS and sells the most handset units, and so forth. Many Windows Phones also support NFC. Despite that, mobile payments haven't made it big yet. Is it really just because Apple hasn't caught up yet? I don't see quite how that works.
Rocwurst01
50%
50%
Rocwurst01,
User Rank: Apprentice
8/31/2014 | 3:37:13 AM
Re: Fanbois
And yet NFC and mobile payments have been a failure in the rest of the world with Google Wallet only managing to garner a dismal 50-100,000 users.  Even PayPal only has 123 million users, Amazon 243 million, eBay 112 million.

Apple's worldwide userbase of 800 million active credit card enabled iTunes/App Store users utterly dwarfs these other solutions in terms of take-up.
WaqasAltaf
0%
100%
WaqasAltaf,
User Rank: Ninja
8/31/2014 | 4:21:40 AM
Apple's already destroyed market share
Eric, due to already established market of online payments as a result of itunes, I agree that mobile payments will also gel in good with Apple's service. The matter of concern is that Samsung and other brands have already taken many Apple's loyal customer to their smartphones so even if iPhone 6 offers this there will not be a large user base to adopt this payment mode. And the price factor will deter more customers because one thing is inevitable; Apple cannot charge a low price.
WaqasAltaf
50%
50%
WaqasAltaf,
User Rank: Ninja
8/31/2014 | 4:24:04 AM
Re: Fanbois
Fanbois, you do make a point about regional share of Apple and not global one. That being said, may be Apple's iphone 6 can use this feature to get back its global glory. But I just can't buy it at the price at which Apple offers usually.
Page 1 / 7   >   >>
News
COVID-19: Using Data to Map Infections, Hospital Beds, and More
Jessica Davis, Senior Editor, Enterprise Apps,  3/25/2020
Commentary
Enterprise Guide to Robotic Process Automation
Cathleen Gagne, Managing Editor, InformationWeek,  3/23/2020
Slideshows
How Startup Innovation Can Help Enterprises Face COVID-19
Joao-Pierre S. Ruth, Senior Writer,  3/24/2020
White Papers
Register for InformationWeek Newsletters
Video
Current Issue
IT Careers: Tech Drives Constant Change
Advances in information technology and management concepts mean that IT professionals must update their skill sets, even their career goals on an almost yearly basis. In this IT Trend Report, experts share advice on how IT pros can keep up with this every-changing job market. Read it today!
Slideshows
Flash Poll