Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Chase Pay

Opportunities

Apple Pay Coming to France, Switzerland and Hong Kong

Interestingly enough a number of retailers that will accept Apple Pay in Hong Kong still do not accept it in the USA. Those retailers include: 7-Eleven, Yum Brands subsidiaries; Kentucky Fried Chicken (KFC) and Pizza Hut, and Starbucks. Other Hong Kong retailers that could accept Pay include McDonalds, Pacific Coffee, Senryo, ThreeSixty, the Apple Store, Lane Crawford and Mannings.

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Long IdeasStocks

Current C is dead, Walmart building own Payment Ecosystem

t looks as if Current C is probably dead, but at least two major new payment apps are rising from its ashes. Both Walmart Pay and Chase Pay have the potential to be far larger than Apple Pay, which is bad news for Apple Inc. (NASDAQ: AAPL). Those brands and not Apple Pay could be the future of payment.

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Grocery WarsLong IdeasThriftYou Missed It

Is Current C Dead or Merely Delayed?

The Apple-zombie press is hyping up the Current C “postponement” as a victory for Apple Pay, yet it could be a serious defeat for Apple’s (NASDAQ: AAPL) payment app.

The danger for Apple; and Alphabet’s (NASDAQ: GOOG) Android Pay, is that Big Retail has concluded that app payment is a niche product that will not drive many sales. The retail giants’ executives think that contactless payment is simply not worth the time and effort.

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Opportunities

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.

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Long IdeasStocks

JPMorgan Chase: Will It Dominate Digital Wallets?

The monster bank’s real secret weapon could be automatic teller machines (ATMs). News reports indicate that Chase is developing a card-less ATM that is supposed to work with digital wallets like Chase Pay. The advantage to this is obvious: It allows digital wallet users to get cash.

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Crazy Stocks

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.

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Good StocksStocks

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.

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Long IdeasStocks

Walmart Enters the Payment Wars

One interesting possibility is that Walmart is planning to start accepting Apple Inc.’s (NASDAQ: AAPL) Apple Pay and Alphabet Inc.’s (NASDAQ: GOOG) Android Pay in its stores when Walmart Pay appears. There is a strong incentive for Walmart to do so; accepting such electronic payment decreases costs by increasing efficiency and eliminating paperwork, something Walmart loves.

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Good StocksStocks

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

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Long IdeasStocks

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.

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