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Square Accepts Apple Pay and Android Pay

The retail behemoths could also be locking themselves out of a huge market, by not accepting mobile payments or contactless payments. Statista estimates that Americans will spend $210.45 billion in contactless payments by 2019.[2]

The number of contactless payment users is also growing dramatically, in 2014 16.4 million Americans used contactless payments, Statista found. That number grew to 23.2 million at the end of 2015. It is expected to grow to 37.5 million by the end of 2016, 50.2 million by the end 2017, 58.8 million by New Year’s Day 2019 and 69.8 million by the end of 2020.[3]

Opportunities

daniel April 21, 2016 AAPL, Android Pay, Apple, Digital Wallets, iPhone, PayPal, Samsung Pay, What is Apple Pay

What is Apple Pay and What Are its Advantages?

Faster checkout time at the register. No swiping or customer searching for credit cards. This could speed up checkout times and encourage repeat business; because slow moving lines at the cash register are a major customer complaint.

Opportunities

daniel April 21, 2016 Android Pay, Apple Pay, Cantaloupe Systems, Chase Pay, Digital Wallets, drive-up vending machines, increase vending-machine use, Increased Revenue for Vending Machine Operators, Payment Apps, reduce the work and expenses of vending machine businesses, regular cash flow, Samsung Pay, vending machines that accept digital wallets, wireless payments

Apple Pay and Vending Machines

More importantly, payment apps could give vending machine operators a regular cash flow, that they could tap almost instantly. There would be less time spent counting money or making bank deposits. This could reduce the work and expenses of vending machine businesses.

Crazy Stocks

daniel February 22, 2016 Android Pay, Apple Pay, Chase Pay, Great Contrarian Investment?, Is Apple Pay Redbox’s Future?, Is Redbox Doomed, Outerwall (NASDAQ: OUTR), Payment Apps, Redbox Is Making Money, Redbox Is still a Very Viable Business Model, Samsung Pay, vending machines, Walmart Pay, WeChat

Is Redbox Doomed, or Is It a Great Contrarian Investment?

The problem is that demand for Redbox’s rental volume is falling off. The service’s usage peaked at 772.9 million in 2013 and fell to 717.1 million in 2014 and 587.6 million in 2015, Variety reported. This affected Outerwall’s revenue, which fell from $2.292 billion in December 2014 to $2.193 billion in December 2015.

Good Stocks Stocks

daniel January 28, 2016January 28, 2016 AAPL, Android Pay, Apple Pay, Chase Pay, Current C, Digital Wallet, Digital Wallets, MCX, Merchant Customer Exchange, PayPal, Samsung Pay, Venmo, Walmart Pay

Apple Pay’s Fatal Weakness

Some retailers, such as Walmart and dollar store operators, might view Apple Pay as a niche product that only appeals to a small upper-income segment of the population. If you look at Apple Pay’s website, you see a multitude of high-end urban brands such as Whole Foods and Petco but a shortage of working-class retailers. Bloomingdales is present, but Kmart is nowhere to be seen.

Good Stocks Stocks

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Can PayPal Remain Competitive?

PayPal Holdings (NASDAQ: PYPL) is a really great company that could be a victim of its own success. PayPal’s signature

Long Ideas Stocks

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Is CurrentC Rolling Out Nationwide?

Samsung Pay, Apple Pay and Android Pay are getting even more competition. JPMorgan Chase (NYSE: JPM), one of the nation’s largest banks, has rolled out its own solution, Chase Pay, that will support Current C.

Long Ideas Stocks

daniel October 30, 2015April 21, 2016 AAPL, American Express, Android Pay, Apple, Apple Pay, Apple Pay available in Spain, Apple Pay Coming to Canada and Australia This Year, Apple Pay Coming to Europe and China, Apple Pay in Canada, Apple Pay in Canada and Australia this year, Apple Pay will be available in Hong Kong, AXP, big retailers that refuse to accept Apple Pay, Current C, Samsung Pay, What American Express Is Not Telling Us about Apple Pay in Canada, What Apple Pay Faces in Canada, what banks will accept Apple Pay

American Express: Apple Pay Coming to Canada and Australia This Year

The release stated that Amex card members are “expected to be the first to use Apple Pay in Canada and Australia beginning this year.”

Long Ideas Stocks

daniel October 15, 2015April 21, 2016 apps where a person can use Samsung Pay., Samsung (OTC: SSNLF), Samsung Pay, Samsung Pay Banks, Samsung Pay Credit Cards, Samsung Pay Is Here, Samsung Pay Stores, Where is Samsung Pay, Where is Samsung Pay Accepted?, Who Accepts Samsung Pay?, Why Samsung Needs Pay

Samsung Pay Is Here

It looks as if the payment wars are really heating up. Samsung (OTC: SSNLF) in particular needs a win in this segment because its market share in the all-important smartphone segment is falling. Samsung is still the world’s largest smartphone manufacturer, but falling demand for its Galaxy S6 caused its revenues to drop by 8.4%.