Thursday, 8 June 2017

How will iMessage payments stack up to Square Cash and Venmo?

Earlier this week Apple announced it will soon be rolling out peer-to-peer payments, effectively (bad pun alert) swiping at services from Square, PayPal-owned Venmo, and giant banks that already let you pay friends through mobile apps.

Apple is well-known for biding its time while it watches other companies enter a market, then coming in later with a product or service it thinks will somehow be better. The peer-to-peer payments service is no exception; the question is whether Apple’s will actually be better than the others.

The short answer is we really don’t know yet. I only saw glimpses of “Apple Pay Cash” at WWDC this week, and wasn’t able to pay a friend through iMessage myself. But I saw enough to make me think that Apple has a...

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from
https://www.theverge.com/2017/6/8/15744122/apple-pay-cash-imessage-p2p-peer-payments-venmo-square-cash

from
http://ifeeltechinc.blogspot.com/2017/06/how-will-imessage-payments-stack-up-to.html

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