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And given the number of Android devices in the wild far, far surpasses the number of iOS devices That's obviously true globally, but not for some of their more
by matthewmacleod 11y ago
And given the number of Android devices in the wild far, far surpasses the number of iOS devices
That's obviously true globally, but not for some of their more important markets. iOS and Android are roughly equivalent in the US for example, with the latter having maybe 10% more of the market – I think?
While there's no doubt that instant money transfers are particularly useful in less developed markets, it's not like it wouldn't still be a useful service in the US.
- Vraxx 11y agoOne of the key differences here (for me at least) between an apple only app (assuming that is the case) and something like square cash is that if the person I want to send money to doesn't have an iPhone, I wouldn't be able to send them money, whereas if they don't have square cash I can tell them to download it and then send them money and with the current promotion, even get $5 for referring them.
- matthewmacleod 11y agoAbsolutely true - but i imagine the conversation is: "I want to send you money. Do you have an iPhone?" "Yes" "Okay, here's the money." versus "Do you have an iPhone?" "No" "Okay, download SquareVenmoPal and I'll send it to you". There's a built-in audience for Apple Pay that might prove to be beneficial.
- Vraxx 11y agoFair, my thought process always seems to conclude that having multiple apps is a downside, but that argument really doesn't hold up well once I consciously think about that fact.