Examples of convergence are all around us for sure: from the basics, such as online newspapers, to the more contemporary new creations as Smart TV sets. Yet the most interesting, and, probably, exciting to me, is Apple Pay.
‘’Whoa, did he just pay with his watch?!’’ – I overheard in a shop recently. Yes, the man actually did pay with his Smart Watch. And yes, that is exciting.
And we thought that the debit card and electronic banking was ‘’cool enough’’. The service allows you to upload your card details to an online wallet, and pay at contactless points of sale equipped with NFC (near field communication) technology, with just the touch of your finger.
Not an Apple fan? Do not worry. In 2015, Samsung announced its new service ‘Samsung Pay’, and Google released ‘Android pay’. These mobile wallets are really catching on! (Read more about it here and here)
The thought of money going completely electronic seemed surreal not so long ago. Now it seems to be coming true.
However, there are implications.
The first one, which bothers me, an owner of a super-old iPhone 5, is the fact that Apple Pay is supported by models starting with iPhone 6 onwards. Older models do not have NFC technology and fingerprint scanners. Therefore, users need to be up-to-date with their technology.
What is more, the data protection was a major issue of concern for users since the release of the service. But Apple pulled that off flawlessly by introducing of the sensitive card data, so no details are transferred at the point of sale, ensuring security of payments.
Do you personally use Apple Pay? If so, would you be more likely to visit a retailer who supports Apple Pay as a payment option? Let me know! It will be interesting to hear your thoughts on this!