Taking this further - if developers (i.e., 1099 vendors?) get paid on Apple Pay Cash Card, wouldn't other vendors be logical extension of other vendors being paid via Apple Pay cash Card (e.g., local caterer, janitor, Foxconn??)? What do you think??
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Walter, brilliance sir. Indeed I see this also. Apple will completely bypass the existing payment system ultimately.
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Hopefully that means Apple is willing to reduce 30% tax? If so, that's (even more) impactful and smart long term move for their ecosystem.
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Apple understand that getting customers on a platform is more important than how radical the platform is considered to be. You can evolve the platform once you’ve populated it. Netflix pulled this off too. People who criticised Apple Pay for not moving the dial missed the point.
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