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Technology Stocks : Apple Inc.
AAPL 274.62+0.3%1:13 PM EST

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To: clean86 who wrote (173711)9/7/2014 9:49:55 PM
From: pyslent  Read Replies (1) of 213177
 
"I also like Stores where I don't have to sign for a purchase that's under $25."

Yes, those store spoil me. I'd rather never have to sign.

"The idea of waving my iPhone to make a payment is intriguing to me."

Did you read the link I posted? Getting people to pay with their phones is one of the challenges facing Apple-- it may not offer enough actual value to most consumers (you and I may be exceptions).

The delta of improvement between pulling out your phone and pulling out your credit card may not be big enough to make a difference. It certainly hasn’t moved the needle for Android, even in countries like Japan that have invested significantly in NFC infrastructure. And, if customers won’t bother, neither will merchants
stratechery.com

Thompson thinks as I do, when I posted a few days ago that using a watch to authenticate payments makes more sense than fumbling around for a phone at the point of sale. Fumbling for a phone is not much better than fumbling around for a credit card or cash. Payments could be the killer app for the iWatch, even if paying directly with an iPhone is also an option.

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