Maybe you should read your own posts again.
I tried my best to argue your points in a civilized way, but your posts frequently display a kind of aggression I don't care for at all. Let's just agree to disagree and leave it at that.
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Apple Pay Apple Pay in Germany
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Maybe you should read your own posts again.
I tried my best to argue your points in a civilized way, but your posts frequently display a kind of aggression I don't care for at all. Let's just agree to disagree and leave it at that.
Hmmm. But UK for example would have been a great test balloon for APC in Europe. Open financial services. Much potential partners on the market. High iOS market share. Apple Pay for years.
If Apple really would have waited for Germany so start APC in such a market? Hmmm.
Perhaps the adoption rate is too small to be profitable? For a service like APC platform independence might be very important.
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The market share is a fact. Or do you disagree on that one?
As I said, don’t interpret things that are not written down.
True but Apple is not the test balloon type, are they? They want huge PR impact. If they were to partner with a bank, this can be done in secret. Imagine a Tuesday "And Apple Pay Cash will be available today to all countries in Europe that already have Apple Pay."
I can imagine this. But I would expect such an announcement on a keynote. As it would be a major launch for an Apple service since years
Well, Apple's ways are incromprehensible
I don't, but whether the market share is high enough to make up for the costs is unknown to us. Also, there's much more that takes part in Apple's decision to roll it out places other than the US. There's regulation, they might strive to achieve a solution for whole EU market, and in the end it might just not be a high enough priority for them right now since as everyone else Apple only has limited resources.
In the end, we just don't know and I think it's fair for anyone including you to share their thoughts on a rumors website. The only thing I don't like is your aggressive tone.
I don't think that iOS market share is important for APC. Why should it?
You'll need just some groups of iOS users that use if frequently to generate some revenue – most of my friends and colleagues are on iOS. I would use it a lot.
And there's no cost involved for Apple if APC is activated and not used.
It might be an issue for a banking partner and could make finding a partner more difficult – otherwise I don't see a reason why the country wide iOS market share should be an issue for Apple.
The US and Germany/Europe are completely different when it comes to sending money p2p - from user to user.
First of all, you have to know that a "simple" money transfer (Überweisung) is not a thing as it is here and it is complicated in the US. It has been impossible to send money from some banks to other banks, especially when smaller banks and credit unions are involved. My father in law wasn't able to send me money to my Bank of America account because his local bank couldn't do that. That's why paper checks are still a thing there. Sometimes bank transfers cost a lot of money - even from the same bank! A relative from Nevada transferred money to my BoA account in another state: same bank but different state. That cost me (!) on the receiving end $9!
Those were just two examples why services like paypal and venmo are extremely popular in the US. Apple Pay Cash uses that niche.
In Germany/EU SEPA transactions are free and on the same day - now even with Instant Payment options available. From that perspective alone, Apple Pay Cash is "nothing new" to us.
It could still be introduced in the future just to provide a Apple-typical "seamless integration" for people in the Apple ecosystem.
First of all, you have to know that a "simple" money transfer (Überweisung) is not a thing as it is here and it is complicated in the US. It has been impossible to send money from some banks to other banks, especially when smaller banks and credit unions are involved. My father in law wasn't able to send me money to my Bank of America account because his local bank couldn't do that. That's why paper checks are still a thing there. Sometimes bank transfers cost a lot of money - even from the same bank! A relative from Nevada transferred money to my BoA account in another state: same bank but different state. That cost me (!) on the receiving end $9!
Those were just two examples why services like paypal and venmo are extremely popular in the US. Apple Pay Cash uses that niche.
In Germany/EU SEPA transactions are free and on the same day - now even with Instant Payment options available. From that perspective alone, Apple Pay Cash is "nothing new" to us.
It could still be introduced in the future just to provide a Apple-typical "seamless integration" for people in the Apple ecosystem.
Hmm. Don't think it is a regulation problem. If even some wild west services like PayPal were able to get a real European banking license, it should be possible, that something like APC start with a partner like wirecard that does the complete process if needed including ID verification that is necessary for such a service. APC needs to be verified in the US also.
and now to my personal opinion: I would not know why and for what I should use APC at all. No use case for me. But that is really just my personal situation that does not count in the overall view. and that's why I did not mention it yet.
good old "Überweisung" does it for me. for no costs. without prepaid charge like APC.
btw: a service that most Americans do not know at all. They often have to send "checks" or use services like Western Union.
if it was you that is being put words into your mouth, over and over again from the same people, you would not be very calm either.
for some last "aggressive" sentence: from time to time some remind me on little girls that get hysterical on a concert and angry if someone does not take part in the overwhelming hysteria, even if he likes the music too. Apple Pay mania instead of Beatlemania.
after all, it is just another service. another and not a new way of payment, a substitution for the cards in our wallet. no need to get crazy. that's everything I said.
You are completely correct.
Two things: PayPal is not successful here because of person-to-person transfers but because of easy online payments. Person-to-person transfers are still much easier through PayPal however and therefore adoption has been great. I see Apple Pay Cash doing the same—as you said, as a "seamless integration" type of thing.
And also, since we have standards for this over here (SEPA), introducing Apple Pay Cash with the right partner bank is a lot easier as well. Apple's reality distortion field will most likely get a good deal for Apple on this. I don't see them investing a lot of money for a EU-wide roll-out of the feature.
Usecase imo is when I am with friends and we are splitting a check.
APC seems to be faster then opening the PayPal App
you are right. this came to my mind, but here we handle it the way "this time I'm paying, next time it's your turn" most of the time
but as I said, personal situation. on a bigger event like a Mexican evening in the restaurant you need a second option anyway as APC is bound to iPhone only.Does anyone have market share figures for the US? Venmo, APC, and so one?
Revolut is the best in Europe for things like that. They even have a split bill function.
As I understand it, our disagreement arose from both of us reading a little more into each other's posts than the other intended.
That's probably why Apple didn't say more than "coming soon" on the topic of Apple Pay.
Absolutely agree with you!
I want to add my two cents about Apple Pay Cash: I don’t understand why they need to coop with a bank and create a digital/virtual card for your wallet because you already have cards in your wallet. Why not make it the way google handles it they let people sent money with google pay and use the cards they already own. That’s the biggest flaw with Apple Pay Cash. They need a partner to distribute those virtual cards or become a bank themselves and either way that’s what holds Apple Pay Cash back. At least that’s my opinion. There really is no need to go that route with the virtual card or am I missing something here? If they would allow to transfer money from your already existing cards they could launch Apple Pay Cash in every country that supports Apple Pay already.
Sending money also requires a e-money license. Therefore they need a cooperation partner as they do not want to be regulated.
They could just cooperate with the banks they make contracts for Apple Pay anyway couldn’t the? Like google does.
since it felt already 10 Apple Pay dates gave, i have lost the overview.
when is the next date ?
when is the next date ?
I guess 11th decembersince it felt already 10 Apple Pay dates gave, i have lost the overview.
when is the next date ?
Remember, remember! The fifth eleventh of November December.
(It's friday, 5pm sorry guys)
(It's friday, 5pm sorry guys
)
Is that possible? Can I transfer money to a credit card without knowing the real bank account behind it?
I suppose Apple only knows about the credit card and has no idea if it's a credit debit or whatever card and therefore can't send money to it? Or do I have a wrong understanding of credit cards?
Mastercard is pushing for MoneySend, which is essential not used by anyone. This could potentially receive money, which will be booked as credit presentment on the underlying account of the recipient. If Apple would act as a "Merchant" they could obviously debit or credit your card, but without special agreement, they will have to pay the interchange fee (probably not going to happen). The might just partner with a bank that holds the Apple Pay Cash funds as a prepaid card.
04/19since it felt already 10 Apple Pay dates gave, i have lost the overview.
when is the next date ?
Like Tabilo said it should be possibly. And when you get a refund it goes to your MasterCard/Visa card as well and the bank later books it on your bank account. And like I mentioned before google offers that service to sent money between people with google pay so I don’t see why Apple needs to do all that with Apple Pay Cash.