Well, I don't really want to get into a political and economic war here, but Germany is directly responsible for many of the problems the EU is having. And it's interesting that every decision that Germany has made that has resulted in deeper recession everywhere else in the EU, has benefitted them. Everyone e who understands economics knows that when economic times are bad, you spend your way out of it, and you don't tell countries to tighten up, which just results in more recession. And spending does not increase inflation. That's been shown to be a red herring. Right now, Europe is in danger of deflation, which is far worse than inflation, because no one knows how to back out of that, whereas we do know how to back out of inflation.
This^^... very broadly speaking and within limits... as with all things. I like to think of it in terms of control theory- Old gasoline engine(chug, chug, spit and spew), similar to 1800's economy and boom and bust, it was unregulated. New modern engines, computer control fuel input etc, no spit and spew... similar to Fed reserve etc ensuring appropriate money flow (problem is we have a congress muck things up, one way or another). Its interesting there are counter-intuitive things in macro economics vs micro economics as there are counter intuitive items in say... general physics to quantum physics. But trying to get counter-intuitive thought into the general population... not easy.
Does the 5S contain this so-called Secure Element? Without that Apple Pay will not work.
Bah! I just looked at Apple's site for Apple Pay (two words). Apparently I mistook what was said. As I did say before, the iWatch is usable on phones back to the 5, but Apple Pay is only usable on those phones through iWatch, and only through store purchases, it seems, at least, right now. Maybe when iOS 8 is available for the older phones in app purchases and online purchases may work.
It will also work using the iWatch through the old iPhone 5, and 5S. But by the end of next year, we'll see a lot of iPhones sold that will use this directly. I believe my numbers are fairly close.
Well, remind me to bring this up at the end of next year!
Does the 5S contain this so-called Secure Element? Without that Apple Pay will not work.
The A7 containers the secure enclave, since it's a part of every new higher end ARM based chip. But possibly there is a newer version on the A8 and the S1 SoC in iWatch. We should know that shortly.
One thing I can say that's known to be true about Apple, and that's that they won't announce something until it's done. So even if the older phones support this in some way without iWatch, even with ios8, they may not say so until it's out. And I think they said that Apple Pay won't be available until October.
I'm saying over the next 12 months there will be about that many sold on the new iPhones.
No. But more importantly there is no NFC so no way of communicating with that protocol.
But Apple said that this will work with some online stores. At least, I'm pretty sure I heard that said. And it will work for in app purchases.
This^^... very broadly speaking and within limits... as with all things. I like to think of it in terms of control theory- Old gasoline engine(chug, chug, spit and spew), similar to 1800's economy and boom and bust, it was unregulated. New modern engines, computer control fuel input etc, no spit and spew... similar to Fed reserve etc ensuring appropriate money flow (problem is we have a congress muck things up, one way or another). Its interesting there are counter-intuitive things in macro economics vs micro economics as there are counter intuitive items in say... general physics to quantum physics. But trying to get counter-intuitive thought into the general population... not easy.
Because the general population is unsophisticated, and certain groups are VERY good at getting their ideas out there, unopposed, because the other side has this crazy idea that people will know the truth.
My assumption was with other NFC capable devices, mostly running Android, would be able to use those 220,000 NFC terminals.
Part of me wishes Apple had a proprietary set up that was fast heading to being ubiquitous. If what you say is true the also rans will simply copy ?Pay and cash in as per usual, pun intended.
That's global figures. Anything more specific for Europe?
I just chanced on an article here saying that iOS market share in France is 15% (Android 75%) and slowly sliding.
Well, remind me to bring this up at the end of next year!
You think I'll remember a year from now? I'll be lucky to remember next month.
My assumption was with other NFC capable devices, mostly running Android, would be able to use those 220,000 NFC terminals.
They can use the terminals. My point is that with just that small number, Google's Wallet failed. Android owners also spend little using their devices, so there was little incentive for retailers to expand the use. I also suspect that very few Android users who have this on their phones are even aware of what it can do, or have any interest in doing it even if they do know.
I don't know too much about Google Wallet, though I know they did modify it to use Apple's iBeacons. I'm curious to know just how it works, which credit cards it takes, which bank insurers, retailers, etc., as well as how security works, maximum purchase size, and whatever the other differences and similarities are.
What I can say is that every article I've ever read about mobile payments and NFC has said that it won't take off until Apple does it.
My point is that with just that small number, Google's Wallet failed.
What I can say is that every article I've ever read about mobile payments and NFC has said that it won't take off until Apple does it.
That's fairly obvious. Half the mobile market in the US is Apple devices. Now with Apple on board other mobile payment options have a much better chance at wide acceptance, Google's included. As I said earlier, a rising tide. . .
Does your chipped card seamlessly integrate into apps to pay for items? Because that's also an extension of Apple Pay. I'm guessing that functionality will be enabled through Safari at some point too. That's what else you are getting.
Because the general population is unsophisticated, and certain groups are VERY good at getting their ideas out there, unopposed, because the other side has this crazy idea that people will know the truth.
Does your chipped card seamlessly integrate into apps to pay for items? Because that's also an extension of Apple Pay. I'm guessing that functionality will be enabled through Safari at some point too. That's what else you are getting.
Well, I must confess I never bought over Internet using Passbook. Over here, all you can do with it is buying plane tickets. I use my Mac for buying things, and Safari has my credit card numbers memorized. I do too, know all the numbers by heart, since I haven't changed for years.
Comments
I'm saying over the next 12 months there will be about that many sold on the new iPhones.
No. But more importantly there is no NFC so no way of communicating with that protocol.
Well, I don't really want to get into a political and economic war here, but Germany is directly responsible for many of the problems the EU is having. And it's interesting that every decision that Germany has made that has resulted in deeper recession everywhere else in the EU, has benefitted them. Everyone e who understands economics knows that when economic times are bad, you spend your way out of it, and you don't tell countries to tighten up, which just results in more recession. And spending does not increase inflation. That's been shown to be a red herring. Right now, Europe is in danger of deflation, which is far worse than inflation, because no one knows how to back out of that, whereas we do know how to back out of inflation.
This^^... very broadly speaking and within limits... as with all things. I like to think of it in terms of control theory- Old gasoline engine(chug, chug, spit and spew), similar to 1800's economy and boom and bust, it was unregulated. New modern engines, computer control fuel input etc, no spit and spew... similar to Fed reserve etc ensuring appropriate money flow (problem is we have a congress muck things up, one way or another). Its interesting there are counter-intuitive things in macro economics vs micro economics as there are counter intuitive items in say... general physics to quantum physics. But trying to get counter-intuitive thought into the general population... not easy.
Uh. Who cares? With Apple Pay there will essentially NO cards--at least none being carried around.
In the US it will be some time before NFC is widely available at checkout. Don't cut your cards up quite yet.
Bah! I just looked at Apple's site for Apple Pay (two words). Apparently I mistook what was said. As I did say before, the iWatch is usable on phones back to the 5, but Apple Pay is only usable on those phones through iWatch, and only through store purchases, it seems, at least, right now. Maybe when iOS 8 is available for the older phones in app purchases and online purchases may work.
http://www.apple.com/apple-pay/
That's global figures. Anything more specific for Europe?
I just chanced on an article here saying that iOS market share in France is 15% (Android 75%) and slowly sliding.
Well, remind me to bring this up at the end of next year!
The A7 containers the secure enclave, since it's a part of every new higher end ARM based chip. But possibly there is a newer version on the A8 and the S1 SoC in iWatch. We should know that shortly.
One thing I can say that's known to be true about Apple, and that's that they won't announce something until it's done. So even if the older phones support this in some way without iWatch, even with ios8, they may not say so until it's out. And I think they said that Apple Pay won't be available until October.
But Apple said that this will work with some online stores. At least, I'm pretty sure I heard that said. And it will work for in app purchases.
Apple are getting 15-25bps ( 0.15-0.25% ) from those banks.
Because the general population is unsophisticated, and certain groups are VERY good at getting their ideas out there, unopposed, because the other side has this crazy idea that people will know the truth.
My assumption was with other NFC capable devices, mostly running Android, would be able to use those 220,000 NFC terminals.
Part of me wishes Apple had a proprietary set up that was fast heading to being ubiquitous. If what you say is true the also rans will simply copy ?Pay and cash in as per usual, pun intended.
You think I'll remember a year from now? I'll be lucky to remember next month.
That's because your a kingpin here with a lot of things to churn out each day. I have a set a reminder in my agenda
They can use the terminals. My point is that with just that small number, Google's Wallet failed. Android owners also spend little using their devices, so there was little incentive for retailers to expand the use. I also suspect that very few Android users who have this on their phones are even aware of what it can do, or have any interest in doing it even if they do know.
I don't know too much about Google Wallet, though I know they did modify it to use Apple's iBeacons. I'm curious to know just how it works, which credit cards it takes, which bank insurers, retailers, etc., as well as how security works, maximum purchase size, and whatever the other differences and similarities are.
What I can say is that every article I've ever read about mobile payments and NFC has said that it won't take off until Apple does it.
Nah. I just don't remember much.
That's fairly obvious. Half the mobile market in the US is Apple devices. Now with Apple on board other mobile payment options have a much better chance at wide acceptance, Google's included. As I said earlier, a rising tide. . .
You're getting political again... ????
Well, I must confess I never bought over Internet using Passbook. Over here, all you can do with it is buying plane tickets. I use my Mac for buying things, and Safari has my credit card numbers memorized. I do too, know all the numbers by heart, since I haven't changed for years.