Apple Pay launched at the beginning of last week, and dominated my Twitter feed most of the weeks, followed by news of the European Central Bank’s stress test of European banks.
Payments with Apple Pay Today
This sampling of posts provides Apple Pay numbers, reviews, critiques, and applause. I saw a lot of good consumer reviews on how easy Apple Pay is to use. The bottom line: consumers and banks seem to like it. Large retailers do not. Small retailers may be too distracted to care.
Apple Pay Launch Week By The Numbers: 46B, 58M and 1 | http://t.co/9RppKUhaC1 http://t.co/FzkAdo0Hh6
— Collin Canright (@collincanright) October 25, 2014
Our reviews team put Apple Pay to the test so u don’t have to http://t.co/vGnxqOUTaG by @waltmossberg @KatieBoehret @LaurenGoode @BonnieSCha
— Re/code (@Recode) October 24, 2014
Apple gets mainstream media #payments coverage award: The complete guide to Apple Pay http://t.co/YtgYMFCe1b via @qz
— Collin Canright (@collincanright) October 21, 2014
Banks are alerting their customers to Apple Pay through every channel possible: e-mail, mobile notifications, interstitials, print ads, etc.
— Mike Dudas (@mdudas) October 21, 2014
Merchants are losing to banks in a very big way right now in mobile payments. Banks hitched a ride on Apple Pay, merchants saddled with MCX.
— Mike Dudas (@mdudas) October 21, 2014
Mobile In-Store – Where did Apple Pay hit and miss? – Internet Retailer http://t.co/x1zYAdhx6O
— Collin Canright (@collincanright) October 24, 2014
Small merchants seem too distracted to focus on #ApplePay. http://t.co/TqlP2jVZ4T
— Karen Webster (@karenmpd) October 24, 2014
Payments Post Apple Pay
As important as it is, Apple Pay is not the future of payments. The U.S. has a lot of work to do to provide secure and ubiquitous mobile payments, and these posts give a sense of where we are and what’s to come.
Apple Pay partners with issuers and networks, including EMVCo standards for NFC, tokenization. No surprise when retailers say no thanks.
— James Wester (@jameswester) October 25, 2014
Fed Gives Sneak Preview of Payments Road Map http://t.co/vUMqNGiEeZ
— Collin Canright (@collincanright) October 24, 2014
ID3 – http://t.co/D2HfxZAGTC – 21 Top Bitcoin and Digital Currency Companies Endorse New Digital Fra… | @scoopit http://t.co/UkWLEFvgxp
— Peter Vander Auwera (@petervan) October 21, 2014