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Apple Pay’s impact on payments

first_imgSteve Jobs reportedly once told Apple’s Mac development team, “It’s better to be a pirate than join the Navy.” When George Mallory was asked why he wanted to climb Mount Everest (Mallory attempted the world’s highest peak three times and was killed during his third try), the English mountaineer famously replied “because it’s there.” These two ideas, taken together, likely begin to explain why in 2014 Apple decided to take on payments.Payments isn’t easy, and Apple could have easily sat it out except that buccaneers don’t sit things out, especially when there is booty to be claimed.Or six vertical miles to be climbed.Or a payments platform to get ignited.Apple Pay has only officially been available for use for just about three months. It still has a long climb ahead of them.  As Paul Purcell told MPD CEO Karen Webster the day after Apple Pay’s launch, “it’s an important early inning development,” but it’s still early in the game – for Apple Pay, consumers considering mobile and all of Apple Pay’s competitors in the mobile space.However, as inning one – The Early Days – comes to a close with the beginning of the New Year and the end of the holiday retail rush, we thought it was a good opportunity to go back thru the Apple Pay Ecosystem Tracker and summarize all of the big developments across the ecosystem since its launch in September and its rollout in October. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Huth apologises for tweets

first_img A series of tweets posted from Huth’s official account showed the 30-year-old German playing the game. On Friday evening, with the interactions with the other account having been deleted, he posted a message saying: “Clearly no offence was meant or directed to anyone, but apologies if I’ve offended anyone”. Huth had already received criticism from within the trans community. One Twitter user, @queenthingy, wrote: ”It is clear that @stokecity cannot allow @robert_huth to continue his transphobic adventures. Club being put into disrepute.” Another, @infuriousbeauty, stated: ”People might want to consider asking @stokecity football club why their player @robert_huth thinks it’s okay to bully trans people online.” Stoke declined to comment on the matter when contacted by Press Association Sport. In October the FA handed QPR defender Rio Ferdinand a three-match suspension, as well as a £25,000 fine, for comments he made on Twitter. Ferdinand directed a jibe at a Twitter follower containing the word ‘sket’, which was understood to be a slang term taken to mean a promiscuous girl or woman. In its statement concerning the former England captain, the FA said Ferdinand’s comment had been ”abusive and/or indecent and/or insulting and/or improper” and an aggravated breach as it ”included a reference to gender”. Stoke defender Robert Huth has apologised for interactions he made on Twitter but it may not be enough for him to escape punishment from the Football Association. The FA is investigating after Huth responded to a Twitter account which posts sexual images of individuals. The account invites users of the social media site to guess from cropped photographs of people in explicit poses whether those pictured have male or female genitalia. center_img Press Associationlast_img read more

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