- From: Manu Sporny <msporny@digitalbazaar.com>
- Date: Wed, 17 Sep 2014 21:38:49 -0400
- To: public-webpayments@w3.org
On 09/10/2014 12:03 PM, Melvin Carvalho wrote: > Apple just introduced Apple Pay in their live event at > http://live.arstechnica.com/apples-september-9-2014-event/ > > Coinapult's response :) > > http://imgur.com/2QJwyMY Although tongue-in-cheek, I thought that this was one of the most insightful responses. Yes, Apple is huge and Apple Pay is going to be big, but remember that Apple's market is still quite small compared to the size of the Web. Also note that Apple is a luxury goods maker. The likelihood that Apple's technology will reach those that need it the most, like the worlds underbanked and unbanked, is highly unlikely. Also keep in mind that it's a closed ecosystem by design. It's a great business model for Apple, it works well for them. We should learn all we can from Apple Pay, but not lose sight of the fact that we're not trying to build a closed, siloed ecosystem with the Web Payments work. -- manu -- Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny) Founder/CEO - Digital Bazaar, Inc. blog: The Marathonic Dawn of Web Payments http://manu.sporny.org/2014/dawn-of-web-payments/
Received on Thursday, 18 September 2014 01:39:18 UTC