Apple in Talks with US Banks to Develop Mobile Person-To-Person Payment Service

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by finnn on Wednesday November 11, 2015 @04:33PM (#10549455)

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?

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by BillinghamJ on Wednesday November 11, 2015 @04:36PM (#10549477)

Perhaps Apple Music (launched on Android today) is a sign of changing times?

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by MBCook on Wednesday November 11, 2015 @05:14PM (#10549735)

I doubt it. I think Apple Music is a trojan horse (much like the original iPod) to get people using their music service.

They MAY release the payment stuff for Android (so users can receive payments) but I doubt they want to be a general payment provider for Android users.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by ap3 on Thursday November 12, 2015 @12:29AM (#10551459)

What about android users that already have iTunes accounts via the Apple Music trojan horse ?

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by ians on Wednesday November 11, 2015 @04:36PM (#10549479)

Not mobile but iTunes made it to Windows and now Apple Music is available on Android. It wouldn't be a first.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by feld on Wednesday November 11, 2015 @06:44PM (#10550259)

Don't Apple Pay and Android Pay operate almost identically now? The original Google Wallet/Pay implementation which I used years ago via NFC was different. I don't believe the Android Pay name change is just branding.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by MBCook on Wednesday November 11, 2015 @07:56PM (#10550572)

I think Android Pay is like Apple Pay and Google Wallet is still available as a 'virtual' credit card that can be used with Android Pay.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by Alupis on Wednesday November 11, 2015 @04:35PM (#10549473)

And given the number of Android devices in the wild far, far surpasses the number of iOS devices... using this service seems like more of a hassle than not.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by matthewmacleod on Wednesday November 11, 2015 @04:41PM (#10549531)

And given the number of Android devices in the wild far, far surpasses the number of iOS devices

That's obviously true globally, but not for some of their more important markets. iOS and Android are roughly equivalent in the US for example, with the latter having maybe 10% more of the market – I think?

While there's no doubt that instant money transfers are particularly useful in less developed markets, it's not like it wouldn't still be a useful service in the US.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by Vraxx on Wednesday November 11, 2015 @05:41PM (#10549914)

One of the key differences here (for me at least) between an apple only app (assuming that is the case) and something like square cash is that if the person I want to send money to doesn't have an iPhone, I wouldn't be able to send them money, whereas if they don't have square cash I can tell them to download it and then send them money and with the current promotion, even get $5 for referring them.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by matthewmacleod on Wednesday November 11, 2015 @05:46PM (#10549948)

Absolutely true - but i imagine the conversation is:

"I want to send you money. Do you have an iPhone?" "Yes" "Okay, here's the money."

versus

"Do you have an iPhone?" "No" "Okay, download SquareVenmoPal and I'll send it to you".

There's a built-in audience for Apple Pay that might prove to be beneficial.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by Vraxx on Wednesday November 11, 2015 @06:06PM (#10550053)

Fair, my thought process always seems to conclude that having multiple apps is a downside, but that argument really doesn't hold up well once I consciously think about that fact.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by codyb on Wednesday November 11, 2015 @04:41PM (#10549528)

In NYC, iPhone users seem pretty heavily concentrated in Manhattan. This means certain groups of people are probably hanging out in nearly entirely iPhone user enclaves. [0]

[0] - http://www.businessinsider.com/android-is-for-poor-people-ma...

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by jolipparcreek on Wednesday November 11, 2015 @06:03PM (#10550035)

That article was very misleading[1] and I wonder why[2] people keep citing it…

[1] here's a deconstruction of the data in the article: http://forums.appleinsider.com/t/158143/twitter-heat-map-sho...

[2] here's one explanation why: http://readwrite.com/2013/01/29/why-do-americans-hate-androi...

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by codyb on Wednesday November 11, 2015 @06:19PM (#10550115)

Hadn't seen that, thanks for the correction. Makes a lot of sense.

[ Parent | on HN ]

Re:Apple in Talks with US Banks to Develop Mobile Person-To-... by LeoPanthera on Wednesday November 11, 2015 @04:36PM (#10549483)

Apple Music just launched on Android.

[ Parent | on HN ]