iPhone 8 Might Cost $1,200 and have no Fingerprint Reader

A shortage of parts might push the price on the most expensive Apple (NASDAQ: AAPL) smartphone; the iPhone 8 to $1,399 (€1,226.06), analyst John Gruber told CNBC. Gruber thinks the iPhone 8 base price will be $1,199 (€1,050.79) and the highest end model will cost $1,399 (€1.226.06).

Read more

Alipay Comes to America

Tim Cook’s worst nightmare then would be Walmart accepting Alipay but saying no to Apple Pay.

That would be a real coup for Ant because Walmart operates 4,672 stores in the United States; including 3,522 supercenters and 660 Sam’s Clubs. It might also force Apple and Alphabet to add QR code to their mobile wallets.

Read more

Tim Cook: Apple Pay Grew by 450%

Tim Cook is hiding some important data about Apple Pay, for example he did not say how many users the digital wallet actually has. Cook’s omission of that important detail was deliberate; because it would show small Apple Pay’s footprint really is.

Read more

Is Western Union Making Money?

Last week I noted that The Western Union (NYSE: WU) is enjoying some rare market growth with the help of

Read more

Wells Fargo Allows Android Pay and Apple Pay Withdrawal at ATMs

The banking giant has plans to modify 13,000 ATMs to accept near field communications (NFC) apps such as Apple Pay, Samsung Pay, Android Pay and Microsoft Wallet, TechCrunch reported. Around 5,000 ATMs can already accept NFC signals and they have been programmed to accepted Apple Pay, Android Pay and Samsung Pay.

Read more

Has Apple Turned Around?

Among other things; that indicates Apple’s business model and income might not be sustainable on a long-term basis. Some major changes to the company such as new products might be needed for long term growth. That justifies experiments like Apple Pay and the Apple car project.

Read more

Whole Foods, Walgreens subsidiary biggest beneficiaries from Apple Pay

The numbers show us that Apple Pay is far from the mainstream. Unless some sort of radical paradigm shift occurs; it will be well over a decade before average Americans even consider this solution.

Read more

Microsoft Reveals its Answer to Apple Pay

So far you can only access Visa (NYSE: V) and MasterCard (MA) through Microsoft Wallet. American Express and Discover are not mentioned at its website. Just eight banks are mentioned but only two major US banks accept it; Bank of America and US Bank. One major Canadian Bank TD Bank is also mentioned at the website. Chase is listed there as coming soon

Read more

Chase Pay is Available

There are also plans to roll out Chase Pay at Walmart, Phillips 66 gas stations, Conoco filling stations, Shoprite and The Fresh Grocer supermarkets and Shell convenience stores within the next year or so. Chase and Walmart made a big deal of the availability through Walmart Pay a while back so that is probably a done deal.

Read more