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John Rich

Not to be outdone by rival Stripe, Braintree announces Apple Pay support | VentureBeat | News Briefs | by Kia Kokalitcheva - 1 views

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    This made me realize two things: Apple just destroyed the carriers attempts to get a cut of the multibillion $ digital payment pie (in the original NFC vision the carriers were the gatekeepers of the encrypted transactional data and wanted their pound of flesh). Apple Pay sets new NFC security levels (tokenization and biometric I.D.) that all other OEM's and Android will have to scramble to equal.
John Rich

Visa: Apple Pay will pave the way for more mobile wallets that people can actually use - Tech News and Analysis - 0 views

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    Apple love from the banks and credit card companies since they weren't cut out of the system like the carriers and OEM's.
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