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mk  ·  3809 days ago  ·  link  ·    ·  parent  ·  post: Pubski: September 10, 2014

I agree that convenience is the angle. I heard that the presentation showed video of people fumbling for their credit cards. :)

I don't mind convenience. However, I do mind moving my transactions into Apple's garden. No doubt they have added yet another fee between me and the merchant, and no doubt they are looking to sell my spending behavior. I'll fumble for my credit card to avoid that.

Convenience would be an open protocol playing field that any processor could compete upon.