Is this going to be Crib Death for Apple Pay and end up like Firewire and Thunderbolt?...
...I hope it withers and dies.
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Jeez, you seem like a BetaMax and HD-DVD kind of guy. Apple Pay is going to be VERY successful. I deal with CVS and every time I fill a prescription there I’ll try to use Apple Pay to pay from my bank’s “debit card”. When they tell me they don’t accept Apple Pay with its minimal cost (from CVS’ perspective) I’ll whip out the old American Express card (which costs CVS a relative “arm and a leg”) and let them eat the costs.
CVS, as it always has done, will bend to its customers’ desires and accept Apple Pay. I predict that the not-ready-for-prime-time CurrentC will have a relatively short life span before it is discontinued and fades from the marketplace.
Try ZERO cost from CVS's point of view. The credit card and banks pay the costs of Pay. They think they will make back more than what they pay Apple in savings in reduced fraud losses.