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3 million cards in 2 days is actually a modest number. Anything below 12 million is a disappointment in China, whose smart payments market is an order of magnitude larger than that of the U.S.
"China UnionPay and our Apple Pay solution has a huge advantage, given the footprint of China UnionPay..." How is this an advantage when Tencent and Alipay both have the same arrangement with UnionPay?
Soli said: JeffAshe said: I wouldn't call ApplePay revolutionary. It certainly may appear that way in North America, but China is the leader in mobile payments. ApplePay has a long road ahead to catch up with China's existing mob…
Soli said: I knew ApplePay was going to be a slow burn to gain traction—being such a revolutionary change that requires the efforts from banks, multinationals, and retailers—but I didn't expect that China would be in the top 10* countries to …
Apple has a lot of catching up to do in China. My work requires me to travel there each quarter. Using my WeChat app, I haven't really needed my credit card or cash for the past three years. I used the app for booking flights and hotel rooms, res…
Mr. Cotton was caught taking $1 million from Netanyahu to derail the Iran nuclear deal. This guy is a traitor of the American people, so it's no surprise that he 'disagrees' with strong encryption efforts to protect the American people.
Dat ass though... Pride of Armenia fo sure.
Apple is very late to the game. Chinese have spent $1.4 Trillion using mobile payment apps in the first 10 months of 2015. Here in China, I have no need for a wallet, as every and any purchase from coffee, taxi fare, lunch, grocery, movie tickets,…