[2014-09-10]Bitcoin Community Reacts to Apple’s Mobile Payments Play

[btcm4n14c]

Apple has unveiled Apple Pay, a new mobile payments tool that could significantly impact the way consumers transact both in-person and digitally.

The new service was outlined as part of a broader demonstration of the iPhone 6 and iPhone 6 Plus, both of which were introduced at Apple’s event in Cupertino, California, on 9th September.

http://www.coindesk.com/bitcoin-apple-mobile-payments/

[bitbouillion]

Will Apple Pay reduce transaction cost for merchants?

[CoinMode]

Apple has unveiled Apple Pay, a new mobile payments tool that could significantly impact the way consumers transact both in-person and digitally.

The new service was outlined as part of a broader demonstration of the iPhone 6 and iPhone 6 Plus, both of which were introduced at Apple’s event in Cupertino, California, on 9th September.

http://www.coindesk.com/bitcoin-apple-mobile-payments/

Ever since the days of the iMac I've spread the exact same message; Fuck apple. They don't even deserve to be capitalized.

[Chef Ramsay]

I've had warranty issues w/ these fuckers before and they were less than helpful so I basically told them I'm going back to the PC instead. But, I guess this is great for those that can't snap out of the Apple spell.

[H.W.Z]

Apple Pay is still built on top of the same old credit card payment networks and banking system. Bitcoin is therefore well-positioned to enhance Apple Pay over the long run through its integration behind the scenes, providing merchants lower costs and instant access to their funds.

Even Apple finds the big opportunity on payment transaction processing network. It built on top of old infrastructure and make it easy accept. It will bridge the gap to higher advantage payment infrastructure BTC.

[cryptofan5]

I have to say that apple will surely find its share of the market and it will be a competition to bitcoin. However, I can also see an opportunity here: now someone has to create a service to fund apple pay with btc and vice versa.