Apple Pay copies PayPal
Apple (NASDAQ: AMZN) is trying to raise Apple Pay’s popularity through a site away from PayPal’s playbook. , September 13, 2016, Apple updated its os so enable Apple Pay users will probably pay online.
Around 200,000 websites now support Apple Pay, Computerworld reported. To use the service consumers should obtain the Apple Pay button online.
Mac desktop and laptop users will have to authenticate all purchases; with a finger marks scan with an iPhone, or possibly a double touch on a Mac Watch. This means Mac users with an Android phone will probably be doomed.
Users may also have to perform their shopping in Apple’s Safari browser. Computerworld reported the next Mac Os; Sierra, will allow people to pay with Apple Pay with out a finger print scan – once they login with an iCloud account. Since Sierra isn’t yet available, it appears like Mac users may need to buy an apple iphone to visit internet shopping.
Or they can just use PayPal; which doesn’t require a fingerprint, or their charge card. One must wonder why anybody would work with Apple’s payment solution.
Another major drawback is that many major websites; such as the biggest name in US online retail Amazon (NASDAQ: AMZN), still don’t take Apple Pay. Also refusing to look at Apple Pay could be the second largest online general merchandise retailer in the us: Walmart.com. Since both Walmart and Amazon are pushing their unique payment solutions it’s unlikely that either of which is certain to get around the Apple Pay bandwagon anytime soon.
Venmo Meet Siri
It looks as if Apple Pay is very little serious threat to PayPal Holdings (NASDAQ: PYPL). Instead PayPal is actually expanding to Apple; its’ Venmo money-transfer app is now integrated with iOS 10.
That means Venmo users can send money using Siri and iMessage, Venmo’s blog claimed. A Venmo user can also say hey Siri send Joe $30 and this will happen.
It looks as if PayPal instead of Apple may be the way forward for online and social websites payment. Apple Pay seems doomed to stay a niche product. You have to wonder if which means that PayPal might soon support Apple Pay.
Apple Pay Going to Japan, Russia and New Zealand
It looks as if there might be a bigger market for Apple Pay outside the US compared to its home country. A theory Tim Cook seems to agree with; Fortune reported that Apple has intends to roll Apple Spend in Japan, Russia and New Zealand this fall.
