The 400M credit card numbers Apple (AAPL) has on hand has already contributed to iOS' lead over...


The 400M credit card numbers Apple (AAPL) has on hand has already contributed to iOS' lead over Android with regards to app monetization. Now, with the release of its Passbook app, the NYT's Nick Bilton thinks they could give Apple a boost in the mobile payments space, which features intense competition between EBAY, GOOG, Square, and others. Passbook can store tickets, gift cards, boarding passes, and other items, but doesn't yet handle credit-card transactions.

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Comments (9)
  • Wyatt Junker
    , contributor
    Comments (4498) | Send Message
     
    I gotta password protect my kid's iTouch stat!

     

    I busted him last week for racking up $900 for gold coins on his stupid game!!!
    11 Jun 2012, 07:23 PM Reply Like
  • montanamark
    , contributor
    Comments (1455) | Send Message
     
    can you get mad at kids buying gold? just sayin
    11 Jun 2012, 07:41 PM Reply Like
  • kmi
    , contributor
    Comments (4577) | Send Message
     
    He's talking about in-game items (virtual goods) not the real stuff.
    12 Jun 2012, 10:06 AM Reply Like
  • Herr Hansa
    , contributor
    Comments (3130) | Send Message
     
    A little surprised Apple does not appear to be adopting NFC technology.
    11 Jun 2012, 07:57 PM Reply Like
  • chabig
    , contributor
    Comments (656) | Send Message
     
    NFC hasn't proven to be a successful mass market technology. If it does, Apple will adopt it. I think you'll see Apple surpass it with something better, though.
    11 Jun 2012, 09:12 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3130) | Send Message
     
    Visa and Mastercard appear to be accepting NFC technology, though paypoints are not well distributed. What do you think would be better?
    12 Jun 2012, 01:58 AM Reply Like
  • chabig
    , contributor
    Comments (656) | Send Message
     
    Here is an idea:

     

    http://bit.ly/Ky455v
    12 Jun 2012, 08:42 AM Reply Like
  • Herr Hansa
    , contributor
    Comments (3130) | Send Message
     
    Thanks. Nice resource. It's an interesting idea. One thing I look at with trends is that a large percentage of transactions are still done with cash. We might see these technologies pick up a bit more, though with limited implementation. Neither Bluetooth nor NFC are strictly for transactions, so there are other uses. I've used the older version of Bluetooth to tether my MacBook Pro to my smartphone.
    12 Jun 2012, 01:06 PM Reply Like
  • Ohrama
    , contributor
    Comments (568) | Send Message
     
    Just because they got my credit card doesn't mean that I will keep giving them my business. In the early internet days, I used to let everyone to keep my credit card number due to sheer laziness. With all the identity theft etc., now I use one time credit card numbers!
    11 Jun 2012, 09:11 PM Reply Like
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