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 …
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Replying to @patphelan @jpomie
confused - surely you still need Stripe or equivalent to accept payment through Apple Pay? As a business, you can't just link to a bank
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Replying to @patphelan @jpomie
No suggestion of that in the developer session? https://developer.apple.com/videos/play/wwdc2017/714/ …
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Benedict, the easy way to visualize this is to assume the merchant is just a person. In this model does the person need an acquirer?
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Replying to @BrianRoemmele @benedictevans and
In fact, this is not so uncommon. In Europe, P2B payments in Regulated Electronic Money require no acquirer on the merchant side.
2 replies 5 retweets 5 likes
Franck, great points as always sir! Thank you. The EU and the China model informs some of Apple Pay Cash future. US takes longer on stuff...
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