Post
Topic
Board Bitcoin Discussion
Re: Apple CEO Tim Cook: “Your kids will not know what money is”
by
Light
on 03/12/2015, 11:05:19 UTC
Every giant company want to have its own payment processor.
So google wallet is, and also i think that Apple Pay will be similar to AliPay, paying with only one-click.

Of course all of them want to try - if one of them takes off and gains significant market share they'll make a killing on profits (and save on transactions costs as they won't have to interact as much with other processors - internal transactions are usually cheaper). It'd be a no brainer for any big tech company not to invest in a payment processor of their own. As to whether it'll succeed - that is a different story.