With all the available options why would you want to use a service that requires you to figure out if the other person uses an iPhone?
Who said it would be iPhone-only?
Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
11–20 of 203 posts
Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#12Seriously though, Apple has a terrible time creating online services (http://www.zdnet.com/article/apple-and-the-cloud-a-magnifice...) and there is no way another entry in the "Proprietary, heavily policed, middle-man-encumbered social payment tool" is going to go anywhere.
Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#13Last bit of the title is "...Payment Service Like Venmo" Seems to be the latest push by Apple to integrate Apple Pay into some sort of payments ecosystem by force. Should be interesting to see if there is any compelling reason to use Apple's solution over Venmo which has a huge incumbency advantage at this point.
> huge incumbency I've never heard of Venmo, nor have any of my tech friends.
Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#14Last bit of the title is "...Payment Service Like Venmo" Seems to be the latest push by Apple to integrate Apple Pay into some sort of payments ecosystem by force. Should be interesting to see if there is any compelling reason to use Apple's solution over Venmo which has a huge incumbency advantage at this point.
insert chuckle here
Perhaps because Apple has incredible resources compared to Venmo, no one over 30 uses Venmo, and because Apple can easily integrate with the ACH system to enable these transfers.
If Apple were so inclined, they go so far as to have a banking subsidiary that was a stakeholder in the ACH system, thereby allowing them to shape the protocol currently being worked on to allow real time ACH transfers.
Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#15Earlier quoted context omitted.
Who said it would be iPhone-only?
Everything Apple has ever done historically (with mobile) has been iOS-only, what possible reason would there be to suspect this would be any different?
Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#16Earlier quoted context omitted.
Who said it would be iPhone-only?
Everything Apple has ever done historically (with mobile) has been iOS-only, what possible reason would there be to suspect this would be any different?
Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#17Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#18Earlier quoted context omitted.
Who said it would be iPhone-only?
Everything Apple has ever done historically (with mobile) has been iOS-only, what possible reason would there be to suspect this would be any different?
Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#19Re: Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service
#20With all the available options why would you want to use a service that requires you to figure out if the other person uses an iPhone?
Knowing Apple's UX, it'll be rather easy-to-use if it's available – so I'm not sure that the overhead of 'figuring out if the other person uses an iPhone' would be any higher than figuring out if they use Venmo or PayPal or Square or whatever the other options are.