Apple Pay set to radically change commerce

“Last week, Apple announced two new iPhones that included Near Field Communication (NFC) for wireless payments for the first time,” Charles Nicholls writes for VentureBeat. “The company’s new Apple Pay service provides a full digital wallet for the iPhone 6 and 6 Plus, which enables consumers to pay by phone using NFC with simplicity. NFC Payments have been around a while, but Apple Pay has the potential to make widespread adoption of digital wallet payments a reality at last.”

“One thing that Apple is very good at is the ability to combine existing technologies in an innovative and compelling way that can transform a category. It looks set to do the same for mobile payments,” Nicholls writes. “In this case it is the intersection of four key Apple capabilities, combined with a very slick customer experience that makes this a game changer: Touch ID, Passbook, iTunes, and NFC.”

“Apple finally has a chance to succeed in making a phone a wallet. The user experience is very slick, as many have come to expect with Apple, and this will draw an influential and affluent new segment of consumers into NFC payments. Perhaps for the first time there, is a combination of factors that make this a likely winner,” Nicholls writes. “The iPhone 6 will be a success for the loyal and lucrative Apple fan base, and this looks like the beginning of a sea change in the way that we shop.”

Much more in the full article – recommendedhere.

MacDailyNews Take: Vive la Revolution!

Related articles:
Banks race to gain Apple Pay advantage – September 16, 2014
Apple Pay triggers pure panic at PayPal, begets ‘dumbest ad campaign ever’ – September 16, 2014
Frightened PayPal slams Apple Pay in full-page newspaper ads – September 15, 2014
Wells Fargo brings revolutionary Apple Pay to customers and merchants – September 15, 2014
Apple gets 15 cents of every $100 Apple Pay purchase – September 12, 2014
Capital One partners with Apple on Apple Pay – September 12, 2014
Apple Bank is only a matter of time – September 12, 2014
The hidden brilliance behind the timing of Apple’s adoption of NFC – September 12, 2014
MasterCard SVP: Apple Pay trumps traditional credit and debit cards in security – September 11, 2014
Authorize.Net announces support for Apple Pay – September 11, 2014
Apple Pay’s myriad advantages over the $300 million Google Wallet flop – September 11, 2014
Apple Pay may boost sales of larger iPhones, hurt Android phone sales – September 11, 2014
Why Apple Pay will hurt PayPal – September 10, 2014
Apple Pay will demolish the barrier between online and offline shopping – September 10, 2014
Disney CFO: Apple Pay is a huge advantage – September 10, 2014
Pacific Crest: Visa, MasterCard, American Express boosted by Apple Pay – September 10, 2014
Apple to rake in fees from banks with Apple Pay mobile payments platform – September 10, 2014
Visa teams with Apple on Apple Pay mobile payments platform – September 10, 2014
MasterCard partners with Apple to integrate revolutionary Apple Pay – September 10, 2014
TSYS supports Apple Pay – September 10, 2014
Apple announces Apple Pay mobile payments – September 9, 2014

6 Comments

    1. Me too. I went the whole 9 yards and ate the entire enchilada.

      Because it’s a major release, I wiped my iPhone 5s with Restore, loaded it factory fresh with iOS 8.

      I did the old, delete the app and reinstall from the phone’s App Store. Crashes when tapping on any headline to go to an article.

      I got it to run for a few minutes by
      deleting the app.
      hard resetting the phone, (sleep / home reboot)
      installed a fresh copy of the app first thing.

      Boom, crash the lightning flashed. By the end of the day it was crashing 100% again.

      The only way I can see an article is if, when the Notification Banner shows up with a new post, I tap the banner to go directly to the article.

      The headline tap in the app to go to the article is the crash point.

      I wandered about this site, but didn’t notice any dedicated place to submit a bug report.

      Any tips?

  1. Dont tell Lord bloody Sugar he still is under the delusion that Samsung is knocking Apple out of the Smartphone market. How the hell did this clown ever make his millions, more luck than judgement that’s for sure oh and selling up before his lunch was eaten and putting his cash in property.

Reader Feedback

This site uses Akismet to reduce spam. Learn how your comment data is processed.