Apple Pay launched at the beginning of last week, and dominated my Twitter feed most of the weeks, followed by news of the European Central Bank’s stress test of European banks.
Payments with Apple Pay Today
This sampling of posts provides Apple Pay numbers, reviews, critiques, and applause. I saw a lot of good consumer reviews on how easy Apple Pay is to use. The bottom line: consumers and banks seem to like it. Large retailers do not. Small retailers may be too distracted to care.
Payments Post Apple Pay
As important as it is, Apple Pay is not the future of payments. The U.S. has a lot of work to do to provide secure and ubiquitous mobile payments, and these posts give a sense of where we are and what’s to come.
Apple Pay partners with issuers and networks, including EMVCo standards for NFC, tokenization. No surprise when retailers say no thanks.