Great read from my buddy @jpomie on "Apple Pay, Cash and Business Chat".https://medium.com/@jpomie/apple-pay-cash-business-chat-some-further-thoughts-51e39522115a?source=linkShare-419aec3df4a3-1497216346 …
Scott, indeed. I think the way to look at it is as cash. It is the same as a PtoP transaction ultimately. At some point a bank network.
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Curious on why FB didn't make this work. Messenger had p2p for years & biz accts but never the linking of 2 parts of fb happened/worked
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Aaron, great points. I think that in the end, the deep OS integration will be a fundamental reason for success. Cash as an iOS SDK.
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Sure. But the ability of a consumer to dispute a transaction = credit risk vis a vis merchants. Everything flows from that.
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... to say nothing of stand-in, tokenization, acceptance rules, and the myriad of other things networks do that no one sees. ;-)
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