Google to buy Softcard, take on Apple Pay in new agreement with U.S. carriers

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  • Reply 101 of 116
    Your post is nonsensical. According to you, Apple has power over the telcos because they're a hardware maker, but really because they're a hardware maker that's also a software maker?

    'Ummm' is right.

    Btw, hasn't Google been trying to be a hardware maker? Nexus? Glass? GoogleTV? Chrome? Nest? Motorola? Maybe cars? Just to name a few? How come that didn't pan out vis-a-vis power over the telcos?

    They don't have power over telcos, they have power over their hardware, and with the Nexus Google does as well. Btw the HW/SW making combo isn't the magic formula it's been made out to be. It didn't work for Nokia, Palm, BB, and now Google. Most people avoid things with a 20% success rate.
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  • Reply 102 of 116
    From Softcard's website it looks like they only work with 'eligible' cards from American Express, Chase, and Wells Fargo. That's it. They still have a lot of work to do, like Apple did, to work with more card issuers.
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  • Reply 103 of 116
    mpantonempantone Posts: 2,504member
    Quote:
    Originally Posted by Suddenly Newton View Post



    If a customer is someone who pays for a product or service, then yeah: Advertisers. I'm sure Google worshippers will disagree with me.

     

    It's not really up for discussion. As a publicly traded company, Google is compelled to state who their customers are in their SEC filings. Over 90% of Google's revenues are from Google AdWords, their desktop search service product.

     

    People who use Google Search, Gmail, etc. aren't "customers"; they are the product.

     

    If you think that being a Gmail user makes you a Google customer, you haven't read Google's SEC filings, nor do you have any remote grasp on what Google's business model is. Google prefers a largely naive public, so people think they are getting something from nothing, but that's far from the truth. Gmail is free because it encourages people to spend time in front of their computer and type stuff into the Google search engine.

     

    If you are a naïve, oblivious Google user, it really doesn't matter whether or not you understand Google's business model. It doesn't change the fact what that business model is. 

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  • Reply 104 of 116
    gatorguygatorguy Posts: 24,771member
    mpantone wrote: »
    It's not really up for discussion. As a publicly traded company, Google is compelled to state who their customers are in their SEC filings. Over 90% of Google's revenues are from Google AdWords, their desktop search service product.

    People who use Google Search, Gmail, etc. aren't "customers"; they are the product.

    If you think that being a Gmail user makes you a Google customer, you haven't read Google's SEC filings, nor do you have any remote grasp on what Google's business model is. Google prefers a largely naive public, so people think they are getting something from nothing, but that's far from the truth. Gmail is free because it encourages people to spend time in front of their computer and type stuff into the Google search engine.

    If you are a naïve, oblivious Google user, it really doesn't matter whether or not you understand Google's business model. It doesn't change the fact what that business model is. 
    The primary business is a search engine supported by advertising. Should be easy to understand. If Google didn't consider their users to be customers as well and treat them as such their search engine would not be nearly as successful. Same goes for GMail and Google Docs. The features are designed with users in mind, thus the popularity. Both Microsoft Outlook and Yahoo Mail are free too but I think GMail has a larger market share, that despite Outlook being pre-installed on every Windows computer. If Google hadn't designed with users in mind there's no way so many folks would have gone out of their way to integrate them.

    For what it's worth DuckDuckGo and Bing are also ad-supported. So is Yahoo, Ask and every other search engine AFAIK. Who pays $ for search anymore?? Hell, using your line of reasoning what's the product for Apple's iAd? YOU.

    Yeah but it's OK because it's not the primary way Apple makes money right?
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  • Reply 105 of 116
    jungmarkjungmark Posts: 6,928member
    gatorguy wrote: »
    That doen't mean your purchase history is not being data mined and/or monetized. You may be expecting more privacy from using ApplePay or any other electronic payment method than it actually provides. Do you completely trust the banks and CC companies to not share what they know about you?
    http://www.creditcards.com/credit-card-news/credit-card-purchase-privacy-1282.php

    I trust the banks more than Google.
    dasanman69 wrote: »
    Google can't control the hardware other OEMs make, so what could they have 'figured' out?

    Why not? The hardware vendors are desperate and Google has the software they need. Googs can say "here are the minimum requirements." But they choose not too.
    gatorguy wrote: »
    The primary business is a search engine supported by advertising. Should be easy to understand. If Google didn't consider their users to be customers as well and treat them as such their search engine would not be nearly as successful. Same goes for GMail and Google Docs. The features are designed with users in mind, thus the popularity. Both Microsoft Outlook and Yahoo Mail are free too but I think GMail has a larger market share, that despite Outlook being pre-installed on every Windows computer. If Google hadn't designed with users in mind there's no way so many folks would have gone out of their way to integrate them.

    For what it's worth DuckDuckGo and Bing are also ad-supported. So is Yahoo, Ask and every other search engine AFAIK. Who pays $ for search anymore?? Hell, using your line of reasoning what's the product for Apple's iAd? YOU.

    Yeah but it's OK because it's not the primary way Apple makes money right?

    Again, the user experience by Google is design that way to get more eyeballs on ads to benefit it's real customers.
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  • Reply 106 of 116
    jungmark wrote: »
    Why not? The hardware vendors are desperate and Google has the software they need. Googs can say "here are the minimum requirements." But they choose not too.

    That would go beyond the scope of 'minimum requirements'.
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  • Reply 107 of 116
    jungmarkjungmark Posts: 6,928member
    dasanman69 wrote: »
    That would go beyond the scope of 'minimum requirements'.

    According to who? If they can require OEM s to use google services, they can require anything they want. (I know OEMs can choose open source Android).
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  • Reply 108 of 116
    Quote:
    Originally Posted by jungmark View Post





    I trust the banks more than Google.

    Based on actual evidence that they are more scrupulous than Google about sharing customer data? 

     

    "Some banks use your data to market to you directly, or through affiliates. Some, including major players such as Bank of America, Citi, Capitol One, Chase, Discover Bank and HSBC, allow non-affiliated outside companies to market to you. These banks allow customers to opt out of such marketing – but you have to know it takes place and then go through all the trouble of figuring out how to opt out." (http://www.forbes.com/sites/adamtanner/2013/10/17/what-chase-and-other-banks-wont-tell-you-about-selling-your-data/)

     

    I for one have no idea how AmEx or Discover got my home address (I have nothing to do with either of them); could it have been through Visa?.

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  • Reply 109 of 116
    jungmark wrote: »
    According to who? If they can require OEM s to use google services, they can require anything they want. (I know OEMs can choose open source Android).

    Really? You're going to use a software requirement to argue for a hardware one? I know you can do better than that.
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  • Reply 110 of 116
    jungmarkjungmark Posts: 6,928member
    d4njvrzf wrote: »
    Based on actual evidence that they are more scrupulous than Google about sharing customer data? 

    "Some banks use your data to market to you directly, or through affiliates. Some, including major players such as Bank of America, Citi, Capitol One, Chase, Discover Bank and HSBC, allow non-affiliated outside companies to market to you. These banks allow customers to opt out of such marketing – but you have to know it takes place and then go through all the trouble of figuring out how to opt out." (http://www.forbes.com/sites/adamtanner/2013/10/17/what-chase-and-other-banks-wont-tell-you-about-selling-your-data/)

    I for one have no idea how AmEx or Discover got my home address (I have nothing to do with either of them); could it have been through Visa?.

    Or magazine subscriptions, banks, charities.
    dasanman69 wrote: »
    Really? You're going to use a software requirement to argue for a hardware one? I know you can do better than that.

    Yes. What are OEMs gonna do? Windows? Develop their own OS?
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  • Reply 111 of 116
    dasanman69dasanman69 Posts: 13,002member
    jungmark wrote: »
    Yes. What are OEMs gonna do? Windows? Develop their own OS?

    Is it impossible for them to develop their own payment system, by including the hardware, and then making a app within Android?
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  • Reply 112 of 116
    Even though Google is trying to enter that segment with softcard, Apple will remain king.
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  • Reply 113 of 116
    Looks like fingerprint is mainstream and here to stay though. Well done to those at FIDO and Nok Nok Labs for getting the standards right.

    http://bit.ly/1vYNUVC
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  • Reply 114 of 116

    Looks like fingerprint is mainstream and here to stay though. Well done to those at FIDO and Nok Nok Labs for getting the standards right.

    http://bit.ly/1vYNUVC

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  • Reply 115 of 116

    No matter what Google Does,

    Quote:


    Apple is king and "King Will be always King"


    Thank You.

    Read My Blog Akash Navi

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