Kevin Blackman, CTO of e-security firm WISeKey S.A. thinks its easy to compare Apple Pay to Google Wallet. I think Google is the one that can respond [to Apple Pay], Blackman told Benzinga. There are some challenges to Apples approach. Theyve got to get merchant points equipped with NFC terminals. Thats a huge cost for merchants and thats actually a physical change in infrastructure and thats going to take time. Blackman expects #Apple to zoom past #Google in terms of #NFC transaction volume. He also expects Apple to prevent smaller players from rising up.
Posted on: Fri, 31 Oct 2014 09:27:05 +0000