Apple Pay copies PayPal
Apple (NASDAQ: AMZN) is intending to boost Apple Pay’s popularity by taking a page out of PayPal’s playbook. , September 13, 2016, Apple updated its operating systems so enable Apple Pay users can pay on websites online.
Around 200,000 websites now support Apple Pay, Computerworld reported. To work with the service consumers must find the Apple Pay button online.
Mac desktop and laptop users must authenticate all purchases; with a finger print scan while on an iPhone, or even a double talk about a Mac Watch. Which means Mac users with the Android phone will likely be out of luck.
Users will also gain to accomplish their shopping in Apple’s Safari browser. Computerworld reported how the next Mac Os; Sierra, enables customers to pay with Apple Pay with no finger print scan – after they login via an iCloud account. Since Sierra isn’t yet available, it looks as if Mac users may need to buy an iPhone to visit shopping online.
Or they could don’t use anything but PayPal; which does not need a fingerprint, or their charge card. One has to wonder why anybody would bother with Apple’s payment solution.
Another major drawback is that many major websites; including the biggest name in US online retail Amazon (NASDAQ: AMZN), still don’t take Apple Pay. Also refusing to consider Apple Pay could be the second largest online general merchandise retailer in america: Walmart.com. Since both Walmart and Amazon are pushing their own payment solutions it’s unlikely that either of these will get for the Apple Pay bandwagon anytime soon.
Venmo Meet Siri
It looks as if Apple Pay is not an serious threat to PayPal Holdings (NASDAQ: PYPL). Instead PayPal is actually expanding to Apple; its’ Venmo money-transfer app is currently integrated with iOS 10.
That means Venmo users can send money using Siri and iMessage, Venmo’s blog claimed. A Venmo user can even say hey Siri send Joe $30 and will also happen.
It seems to be if PayPal rather than Apple would be the way forward for online and social media marketing payment. Apple Pay seems doomed to remain a distinct segment product. You have to wonder if because of this PayPal might soon support Apple Pay.
Apple Pay Arriving at Japan, Russia and New Zealand
It looks as if there might be a greater niche for Apple Pay away from US compared to its home country. A theory Tim Cook appears to go along with; Fortune reported that Apple has plans to roll Apple Fork out in Japan, Russia and New Zealand this fall.