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Ironically, Apple just announced P2P payments. Which means this is almost certainly a temporary closure. Google will almost certainly relaunch with a new name,
by kmeisthax 2y ago
Ironically, Apple just announced P2P payments.
Which means this is almost certainly a temporary closure. Google will almost certainly relaunch with a new name, branding, and UX that rides on the coattails of Apple's marketing efforts, but P2P will be coming back. If you're competing with Apple, you can't just not do a thing Apple is doing.
- square_usual 2y agoApple has had P2P payments for a while. Yesterday's announcement was that now you can tap to pay for those. Before, you'd have to send money via iMessage.
- lxgr 2y agoI think it's most likely still going to be sending money "via iMessage" (or more precisely: via a book transfer between two Green Dot Visa prepaid card accounts, addressed by an iCloud address and initiated over iMessage in UX terms).
- deleted 2y ago[deleted]
- jp57 2y agoWhat is new here exactly? This is AppleCash, which has been around for years.
- giancarlostoro 2y agoIf I'm understanding correctly, the difference is that it's going through VISA directly. Kind of like how you can send someone a Starbucks gift card through iMessage / Messages app, without it ever going through Apple Cash technically.
- lxgr 2y agoHow so? It only works between two Apple Cash accounts, so it can just be a book transfer within the bank maintaining these (Green Dot), no Visa required. Or do they now allow it between two non-Apple-Cash debit cards? That would indeed require some network to work across banks.
- giancarlostoro 2y agoIn the case of Starbucks, they're taking advantage of an API within the Messages app, so as long as a third party implements something similar to what Starbucks is doing, I assume any other banking app could do the same, like Zelle could theoretically have their app allow you to just send cash via Messages if they implement the code needed for the Messages app. Now whether or not Apple would allow it is another story. I appreciate them gate keeping garbage from their app store, but they shouldnt just gate keep things they themselves do, its anti-competitive.
- lxgr 2y agoYeah, but the new feature presented yesterday is not that. It's just a new (and definitely useful!) contact discovery and payment request initiation channel for Apple Cash (which has been around for a few years now), as far as I can tell.
- lelandfe 2y agoI can pay you by tapping the top of my iPhone to the top of your iPhone. https://youtu.be/Own9MiaP57o?t=270 https://youtu.be/Own9MiaP57o?t=270
- lililililililll 2y ago[flagged]
- tiltowait 2y agoI was/am a little confused, too, but Apple specifically called out not needing to share phone numbers/contact info, so that’s probably it.
- kenferry 2y agoIt’s brokered via NFC now. Tap to pay with no business account.
- mountainofdeath 2y agoYes and no. It's still a cash-equivalent transaction, requiring you to either have an Apple Cash balance and/or an attached checking account or debit card (in the USA at least).
- lxgr 2y agoIt's also only available in the US, I believe.
- jp57 2y agoToo late now to edit my original comment but this is what I missed: you can tap two phones together to transfer p2p. I.e. not iMessage mediated. https://www.macrumors.com/2024/06/11/tap-to-cash-ios-18-pay-touch-iphones/ https://www.macrumors.com/2024/06/11/tap-to-cash-ios-18-pay-...
- ssahoo 2y agoFunny but i have to agree. Hope they dont rename it as Vertex Pay
- araes 2y agoLike the post above notes, currently: Pay -> Android Pay -> Google Pay -> Google Wallet Maybe: Google Wallet -> Android Wallet -> Wallet -> Pay For a nice ecological circle. With the large predator dying and decomposing back to Pay, and their skin being made into a Wallet, because of its monopolistic pointlessness, and lack of ability to implement even a credit card with a 400,000 customer waitlist. https://cdn.britannica.com/35/153035-050-7E98F055/food-chain-producers-consumers-decomposers.jpg https://cdn.britannica.com/35/153035-050-7E98F055/food-chain...
- iknowstuff 2y agoApple has had apple cash sendable via imessage for years. They added sending it via bumping phones in ios 18
- pertymcpert 2y agoThe other part of the new feature was that you don't need to share your phone number or other information to do it via NFC or whatever they use.
- lxgr 2y agoApple has only announced a new payment initiation/contact information exchange channel for an existing P2P payment service, as far as I can tell.
- deleted 2y ago[deleted]
- KorematsuFredt 2y agoP2P is a loss making feature for nearly everyone involved. If you have some other way to obtaining users and maintaining growth, you are better off not supporting P2P payments. P2P payments are also extremely tiny portion of revenue.
- jstummbillig 2y agoGoogle does a lot of things that Apple doesn't, and vice versa.
- mvdtnz 2y agoThen Google will inexplicably move the functionality from Wallet into their new GeminiPay or whatever app, but GeminiPay will only be available in half ths markets Wallet was in. Then in 5 years GeminiPay will be deprecated and Wallet will be brought back with half of its original functionality.
- fsckboy 2y ago>If you're competing with X, you can't just not do a thing X is doing this simply isn't true there are reasons to compete, like not lose the share of those who find that feature important, or to attack the profitability of that service for your competitor but there are reasons not to compete, like losing too much money and not impacting your competitor. This is why Google and Apple as corporations barely look alike at all.
- hombre_fatal 2y agoYou’re making a trivial claim. When I say the sun will probably rise tomorrow, I’m not saying that anything that happens before will happen again.
- fsckboy 2y agoI'm not making a trivial claim, read a few books by Michael Porter then come back and talk.