undefined | Better HN

0 pointspanabee11y ago0 comments

Apple Pay is focused on easing consumer pain and friction, leading to more competition among service providers and retailers since trying new services will become easier for users.

0 comments

XorNot11y ago

Ok now I'm not sure which aspect you're talking about.

Because in the physical world the friction is not "oh I need a card" it's physically getting the customer in the door. Otherwise, what's involved is needing merchants to have NFC readers. This might be an exciting new thing in the US, but certainly in my neck of the woods NFC has near universal penetration.

In the virtual world...this problem has been solved over and over and over. I'd argue it would be very surprising to see Apple displace Paypal. Everyone has Paypal - very few people (relatively) will have ApplePay.

aianus11y ago

> Everyone has Paypal - very few people (relatively) will have ApplePay.

Today Paypal has something like 150 million users worldwide while there are 72 million iPhone users in the United States alone. Presumably all of these people will eventually upgrade to an iPhone supporting ApplePay.

XorNot11y ago

That is a big assumption. Phones have been getting a longer and longer tail.

Moreover, there's almost certainly >50% overlap between iPhone user/Paypal user/other service user.

j / k navigate · click thread line to collapse

0 comments

XorNot11y ago

Ok now I'm not sure which aspect you're talking about.

aianus11y ago

> Everyone has Paypal - very few people (relatively) will have ApplePay.

XorNot11y ago

That is a big assumption. Phones have been getting a longer and longer tail.

Moreover, there's almost certainly >50% overlap between iPhone user/Paypal user/other service user.

j / k navigate · click thread line to collapse