avon b7

ihatescreennames said:

avon b7 said:

Xed said:

avon b7 said:

foregoneconclusion said:

It sounds like the only advantage is that those local Norwegian banks don't allow Apple Pay. 

The major benefit is choice for the end user and with it, competition and innovation.

Apple can be bypassed completely (loosening its grip on Apple Pay, NFC revenues) but the option to remain 'all in' on Apple Pay remains should users choose to do that. 

On the Android side, Google Pay is still unable to handle the dynamic CVV on my 'rechargeable' card in spite of me having reported issues for a couple of years now. 

The solution? I use BBVA Pay and now never even consider Google Pay. 

Choice is good. 

foregoneconclusion writes, "those local Norwegian banks don't allow Apple Pay" and you replay with "choice is good." You mean the choice to not support ApplePay. How exactly is this good for anyone else but the bank. Your comment sounds like you wish the defunct CurrentC was the payment system in use at all CVS stores right now.

If my bank offers its own wallet system, why should I be given the sole option of Apple Pay and know Apple takes a cut of every transaction? 

Can you provide a source for that? From what I understand, Apple gets a cut of a transaction when there is a fee applied to that transaction for using, for example, a credit card. I haven’t seen that Apple gets a cut when I’m using a bank card that takes the money from my account, like a debit card. 

No. From what I've read in the past, sources just mentioned 'cards' and often mentioned Visa and Mastercard systems. 

However, the point is that, up until now, Apple was the sole receiver of that commission. 

I don't know if Apple has ever made public its Apple Pay terms (perhaps as part of a anti-trust investigation?). 

If you would rather I said every credit card transaction I'm fine with that. 

The point remains. Apple Wallet was the sole wallet app available to users and as such the sole receiver of all commissions. 

foregoneconclusion said:

It sounds like the only advantage is that those local Norwegian banks don't allow Apple Pay. 

The major benefit is choice for the end user and with it, competition and innovation.

Apple can be bypassed completely (loosening its grip on Apple Pay, NFC revenues) but the option to remain 'all in' on Apple Pay remains should users choose to do that. 

On the Android side, Google Pay is still unable to handle the dynamic CVV on my 'rechargeable' card in spite of me having reported issues for a couple of years now. 

The solution? I use BBVA Pay and now never even consider Google Pay. 

Choice is good. 

This is excellent news. My bank (BBVA) will also get on this train at some point too.

In non-payment related, iPhone NFC news, the Barcelona transport option (T-Mobilitat) will also be available for iPhones before year end, although Barcelona had to push this via the EU to get Apple to budge. 

It is very unlikely that Apple will ever get past Qualcomm or Huawei technologically.

Both companies (and others) have far weight in terms of patents, engineering capacity and compatibility with ICT infrastructure. 

Most of Apple's modem talent came through the acquisition of Intel's division, which was struggling to deliver and seemingly still is. 

Apple is doing far more in the wireless space in terms of research now but I can't see them challenging those who are designing, manufacturing and deploying the systems all phones will have to connect to. 

There is an interesting interview (YouTube) with the new CEO of ASML (Christophe Fouquet) and Bloomberg Tech which, reading between some very clear lines, makes it clear that ASML is not happy with the US pulling the extraterritorial strings, even if he is very diplomatic with his words.

"ASML CEO Christophe Fouquet discusses artificial intelligence, the market in China, as well as US pressure on allies further restrict sales of semiconductor technology to Beijing."

We are now seeing diplomatic pushback as the Netherlands is saying it has to put its domestic interests (ASML) into focus too. This is because the US wants to impose further restrictions on DUV. 

The arrival of Trump is only going to make things worse.

The former CEO of ASML (Peter Wennink) also spoke clearly and on the record about unilateral sanctions. They won't work is his opinion. 

Opinion at TSMC is likely identical and for the exact same reasons.

China (like the EU) has its own anti sanctions legislation (Anti Foreign Sanctions Law passed in 2021) and can take action against companies for bowing to restrictions which harm the interests of its own companies. TSMC is obviously a candidate for that. 

AFAIK, They haven't been used yet although the EU has used them in the past (against other US sanctions).