Apple Is Building A Mobile Payments Platform To Rival PayPal

[trcwhale]

Apple Is Building A Mobile Payments Platform To Rival PayPal

http://seekingalpha.com/article/2057763-apple-is-building-a-mobile-payments-platform-to-rival-paypal?isDirectRoadblock=false&source=email_rt_article_readmore&uprof=17


Some of the properties listed about discussed patents are already build in into Bitcoin.

How can this play for Bitcoin? Again this is just another silo sort of thing just to make credit cards more easier to use. Make shopping better for some iDevice owners.

What are your thoughts?

[nopedope89]

I don't know how it will effect BTC but I am sure Apple is now going to make a deal with Paypal as Samsung has already begun their collaboration - http://www.businesswire.com/news/home/20140224006788/en/PayPal-Samsung-Consumers-Shop-Pay-Fingerprint-Authentication#.UxG28EJ_uJc

 I think this is also interesting   - http://www.forbes.com/sites/anthonykosner/2014/02/25/samsung-and-paypal-move-against-apple-with-galaxy-s5-finger-swipe-payments/

[Kiki112]

they will never reach the glory of PayPal, PayPal is already the main processing unit on all major websites and Apples platform will probably have the same destiny as google checkout..

for example, eBay will always be used only with PayPal

PayPal monopol yeaaah

[E.exchanger]

Its won't affect btc in any term cuz it will be all about paying with your credit cards and there are many platforms to do that nowdays btc users will still prefer using btc I can bet on that.Plus who know if its true or not  there are many news regarding apple on the net everyday.

[EvilPanda]

They will both fail to BTC, first of all with Apple you will never have any privacy, they will monitor what you buy, and make you accept their stupid agreements.
https://www.youtube.com/watch?v=wozm6IIIDVU

[miketonic]

It seems very likely that Apple sees potential in BTC, but wants to take full advantage of that idea by creating own currency.

[Timerondsc]

It will not effect BTC but Apple will monitor what you buy, and make you accept their agreements.

[botija]

I won't use it.