The Geek Forum

Main Forums => Hardware, Software, and Other Imperialist Crap => Topic started by: BizB on October 27, 2014, 08:21:45 AM

Title: Mobile Wallet Wars
Post by: BizB on October 27, 2014, 08:21:45 AM
Everyone thought the Apple Pay functionality would finally bring the mobile wallet war to a standstill. With a powerhouse like Apple setting the standard, it should be a no brainer for everyone else to follow suit, right?

Wrong.

http://www.businessinsider.com/cvs-stores-reportedly-shut-down-apple-pay-support-2014-10
http://www.businessinsider.com/walmart-war-against-apple-pay-the-iphone-payments-system-2014-10

Now, the battle's front lines have shifted from...
Credit card companies to carriers
carriers to phone manufacturers
phone manufacturers to operating systems
operating systems to retailers

It's time for an open source solution that can't be blocked.
Title: Re: Mobile Wallet Wars
Post by: Novice on October 27, 2014, 09:54:44 AM
Sounds like they just don't want to give up the consumer data. Based on that premise, I wonder how many consumers actually concerned with privacy will use the alternate tools. Seems like a reason to stick with cash or simply avoid those retailers.

BTW, there are solutions for online transactions (Abine's MaskMe, for example) but AFAIK these can't take advantage of "near field".


EDIT: Geek has some details on how CurrentC works..
http://www.geek.com/mobile/retailers-stop-apple-pay-and-google-wallet-working-want-currentc-to-be-the-future-1607802/

Basically, these retailers are simply going to keep NFC disabled completely and go back to QR codes. 2007, anyone? I also like the last sentence of this article:
"It’s not a matter of if people will use this service, it’s a matter of when and how often."

Never and never.
Title: Re: Mobile Wallet Wars
Post by: Novice on October 30, 2014, 06:44:22 AM
 :roll:

http://www.techspot.com/news/58626-currentc-apple-pay-google-wallet-alternative-has-already.html
Title: Re: Mobile Wallet Wars
Post by: zorgon on October 30, 2014, 02:51:40 PM
El oh El