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A comment on Follow the money: Apple vs. the FBI. Parent comment

Re:Follow the money: Apple vs. the FBI by The_Magistrate on Monday March 28, 2016 @10:36AM (#11374477)
Currently, yes. The article is positing that once Apple has the infrastructure in place for end-to-end transactions, removing the VISA/MC puzzle piece will be easy. Ultimately, you'd put money into an Apple account and spent it on your iPhone.
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Re:Follow the money: Apple vs. the FBI by TheLogothete on Monday March 28, 2016 @10:38AM (#11374485)
I don't think you are very familiar with how the payments industry works. Credit cards offer much more than a means to pay. Apple will need to double their headcount to compete with Visa. Or do you think that this is a feasible scenario?
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Re:Follow the money: Apple vs. the FBI by martin_drapeau on Monday March 28, 2016 @10:43AM (#11374518)
I don't think so. The payment industry is over complicated and in my mind a real commodity. Apple is in a good position to simplify that.
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