Apple Working with American Express on iPhone 6 Mobile Payments
1–10 of 78 posts
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#2How many average joe's carry an American Express? They need Visa/Mastercard and some well-known retailers to make this work from the get-go.
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#3How many average joe's carry an American Express? They need Visa/Mastercard and some well-known retailers to make this work from the get-go.
An Amex card is no harder to get than a MC/Visa. Costco has done quite well in the relevant middle-class-american-suburb market with an Amex-only policy. This isn't the barrier.
The retail penetration, however, is the barrier. If you can't use these things mostly everywhere, this service is going to be no more successful than Google Wallet.
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#4How many average joe's carry an American Express? They need Visa/Mastercard and some well-known retailers to make this work from the get-go.
FTA: "The news site The Information previously reported that Visa had also agreed to work with Apple."
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#5How many average joe's carry an American Express? They need Visa/Mastercard and some well-known retailers to make this work from the get-go.
From the article:
The news site The Information previously reported that Visa had also agreed to work with Apple.
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#6Apple working with 'INSERT ANY CC PROVIDER' on iPhone 6 Mobile Payments...
More interesting is the question which technology will be used. NFC has to play a role here, because the technology is in the market and scalable. My weirder and more riskier bet is that NFC on the Apple wearable will refit all older iPhones with mobile payments. Until now noone has put NFC on a wearable, even though it makes most sense to have it on a wrist.
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#7Apple working with 'INSERT ANY CC PROVIDER' on iPhone 6 Mobile Payments... More interesting is the question which technology will be used. NFC has to play a role here, because the technology is in the market and scalable. My weirder and more riskier bet is that NFC on the Apple wearable will refit all older iPhones with mobile payments. Until now noone has put NFC on a wearable, even though it makes most sense to hav…
John Gruber hinted at the same last week:
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#8How many average joe's carry an American Express? They need Visa/Mastercard and some well-known retailers to make this work from the get-go.
An Amex card is no harder to get than a MC/Visa. Costco has done quite well in the relevant middle-class-american-suburb market with an Amex-only policy. This isn't the barrier. The retail penetration, however, is the barrier. If you can't use these things mostly everywhere, this service is going to be no more successful than Google Wallet.
The whole advantage of Apple getting into payments is the fact that they have millions of credit cards for their customers. The advantage is muted if they require those customers to get new cards. It is quite safe to assume they are working to partner with all of the major credit card companies and AMEX happens to be one of them.
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#9How many average joe's carry an American Express? They need Visa/Mastercard and some well-known retailers to make this work from the get-go.
An Amex card is no harder to get than a MC/Visa. Costco has done quite well in the relevant middle-class-american-suburb market with an Amex-only policy. This isn't the barrier. The retail penetration, however, is the barrier. If you can't use these things mostly everywhere, this service is going to be no more successful than Google Wallet.
A lot of places in Sweden don't take Amex, but do Visa/Mastercard
Re: Apple Working with American Express on iPhone 6 Mobile Payments
#10Apple working with 'INSERT ANY CC PROVIDER' on iPhone 6 Mobile Payments... More interesting is the question which technology will be used. NFC has to play a role here, because the technology is in the market and scalable. My weirder and more riskier bet is that NFC on the Apple wearable will refit all older iPhones with mobile payments. Until now noone has put NFC on a wearable, even though it makes most sense to hav…
They just installed NFC-ready consoles at my local Whole Foods. It could easily be coincidence, of course.