iOS 11’s Apple Pay Cash feature will support peer-to-peer payments, but PayPal’s CEO wants people to know that its similar Venmo app hasn’t been “Sherlocked.”
That refers to an app or service that is developed by a third-party, only for Apple to start providing exactly the same functionality in a system update. It’s a devastating move that can have a disastrous impact on companies.
Here’s why PayPal’s CEO doesn’t think Venmo will fall into the same trap.
Apple and dozens of other top tech companies filed a Supreme Court brief today in support of a transgender boy’s fight for equality.
In the case, Gavin Grimm, a transgender student from Virginia, is suing the Gloucester County School Board for creating a bathroom policy he says discriminates against transgender students by separating them from their peers.
Mainland China is Apple’s second biggest market, and will one day be its first. Apple is making a big push on the mainland, opening new stores and investing in home-grown companies. Why the interest? Because China is the new Japan — it’s where the future is happening. All this week we take a look at the cutting-edge apps that define mobile life on the mainland.
SHANGHAI CITY, China — The common question when conducting any kind of financial transaction in China is: “Cash or Zhifubao?” I have used Alipay in a wide variety of settings — paying for products online or meals at restaurants, sending rent money to my landlord, or squaring up with a taxi driver. It was easy to set up, after I spent all of 15 minutes creating a Chinese bank account at my local branch of the Industrial and Commercial Bank of China.
Using Apple Pay to buy items has been limited to physical retail stores and apps, but Apple is reportedly planning to rollout the service soon to mobile websites, putting it in closer competition with PayPal and other platforms.
The mobile website version of Apple Pay will allegedly be ready in time for the 2016 holiday shopping season. Once launched, the mobile version will allow shoppers to complete purchases using their fingerprint rather than entering credit card info on websites.