@digitalretail
CC: @BrianRoemmele @bryanmishkin @cherian_abraham
Did you guys know Apple Pay can show the currency used in transaction?
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Replying to @collegeitdept
@collegeitdept@digitalretail@bryanmishkin@cherian_abraham yes! We noticed this in tests in Europe and Canada. Nice feature!2 replies 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@digitalretail@bryanmishkin@cherian_abraham I thinking about for a while. Apple already has direct contracts w 500+ banks1 reply 0 retweets 1 like -
Replying to @collegeitdept
@BrianRoemmele@digitalretail@bryanmishkin@cherian_abraham why couldn't they facilitate direct P2P money transfers directly between banks?2 replies 0 retweets 1 like -
Replying to @collegeitdept
@collegeitdept@digitalretail@bryanmishkin@cherian_abraham Shhhh! Letting the 'cat out of the bag'. I will have much to say about p2p

2 replies 0 retweets 1 like -
Replying to @BrianRoemmele
@BrianRoemmele@collegeitdept@digitalretail@cherian_abraham trouble is biz model. P2P isn't profitable without passing cost to consumer1 reply 0 retweets 0 likes -
Replying to @bryanmishkin
@bryanmishkin@collegeitdept@digitalretail@cherian_abraham agreed. But if banks form the Apple Pay p2p there is near 0 wholesale cost.1 reply 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@collegeitdept@digitalretail@cherian_abraham true but the debit card rail which apple pay uses still has interchange attchd1 reply 0 retweets 0 likes -
Replying to @bryanmishkin
@bryanmishkin@collegeitdept@digitalretail@cherian_abraham the Apple Pay p2p will not use debit networks. It will be bank networks.2 replies 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@collegeitdept@digitalretail@cherian_abraham what like ACH? Or private proprietary? ACH is too slow. Proprietary too ltd4 replies 0 retweets 0 likes
@bryanmishkin @collegeitdept @digitalretail @cherian_abraham something new, something faster. Shock for startup and legacy companies.
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Replying to @BrianRoemmele
@BrianRoemmele@bryanmishkin@digitalretail@cherian_abraham sounds like this new clearinghouse is exactly what Apple does best no?0 replies 0 retweets 0 likesThanks. Twitter will use this to make your timeline better. UndoUndo
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