> Point 1 is why I think Apple Pay & others will be more of a niche - until the terminals become common, you can't rely on them, but once they are common, conta

> Point 1 is why I think Apple Pay & others will be more of a niche - until the terminals become common, you can't rely on them, but once they are common, contactless cards become just as useful. Why is the extra thing you have to bring with you and probably use a PIN for "just as useful"? Mobile based systems are also interesting because you can just as easily use them for app based sales. Anything to reduce the friction of someone giving you money is going to be a welcome thing for retailers.