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by TheKarateKid
1591 days ago
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They're playing the long game. Apple wants market usage to build bargaining power with the banks. They saw how the original Google Wallet was blocked from adoption because of control by the carriers and banks. Remember ISIS Mobile Wallet? (That name aged terribly..) We saw how it took 10+ years and a dominating market position for Apple to show their claws with controlling 3rd parties with the App Store. Make no doubt that once a significant portion of the market uses Apple hardware or services for transactions, that they will want control and a cut of the transaction. Notice how they say: partner-enabled iOS app This means Apple has to endorse each 3rd party, and they remain under Apple's control just like app developers. |
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Really? I thought Apple's position was fairly consistent and it took 10+ years for the companies using the App Store to get antsy.