Wednesday, October 29, 2014

IPhone payment system has already seen a million … – Business Journal – Portugal

Apple’s payment system via mobile devices this week kicked off in the United States, and Tim Cook, the company’s CEO, is already talking about success. Apple will have to overcome Pay services like Pay Pal.

Apple has released the new payment service, when he presented the new smartphone, the iPhone 6. More than one months after its release, Tim Cook, Apple’s CEO, said that one million users in the United States already use Apple Pay.

The manager said, quoted by the Wall Street Journal, “we are in this business for a week and have leapfrogged competitors. ” Cook ensured that Visa and Mastercard systems partner for Apple’s payment system, Pay reported that Apple is already being used more than similar systems such as PayPal.

Soon the launch of Apple Pay the maker of “apple” reached agreements with McDonalds and Target. However other major US retailers have rejected the service, such as WalMart and CVS.

“We have other (US) retailers who want to enter, we have banks and the rest of the world” said Tim Cook, who spoke at a conference on technology in the United States.

Tim Cook uncovered, without giving details, that will have a meeting with the president of Alibaba for a possible partnership. Already Jack Ma, chairman of Alibaba, the same conference expressed its desire to join Apple to launch the service in China.

The Apple Pay allows the user only with the iPhone can make payments, replacing so the ATM card. It is through NFC (transfer of information just by approximating Device) technology that the system works. For now only available in the United States.

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