Thread

1. havaloc · 1790442549 · focus · HN ↗

   I get why the banks are not happy, but I can tell them that I am not going to use Chase Wallet, Bank of America Wallet, Citi Wallet...just pay the fee and be thankful for the reduced payment friction, which they invariably make money from. PS: Nobody is going to use Paze (yet another half baked wallet), other than to collect the free $10 to sign up for it.

   Somewhat related, even Walmart relented and now supports Apple Pay/Contactless. Every big merchant has now relented (Kroger, Home Depot, Walmart).

   1. syvolt · 1790444937 · focus · HN ↗

      Or Apple Pay can just be like Google Wallet is on Android? The alternative is not multiple apps.

      1. juiceland · 1790447283 · focus · HN ↗

         How does it work on Google Wallet?

         1. sgerenser · 1790448508 · focus · HN ↗

            Article says Google wallet works just like Apple Pay, except they don’t charge a 0.15% fee.

            1. juiceland · 1790459069 · focus · HN ↗

               Do you mean this part?

               > It points to Google's Android, which supports multiple wallets and does not collect a fee from card issuers for contactless payments. It suggests Apple would not be able to continue to charge "substantial fees" if it were forced to support other mobile wallets on Apple devices.

               This described supporting multiple wallets, which I don’t care about. I don’t want multiple wallets, I want one wallet.

               1. [deleted] · 1790464198 · focus · HN ↗

                  [deleted]

               2. sgerenser · 1790466455 · focus · HN ↗

                  Android supporting multiple wallets isn’t a feature of Google Pay, it’s a feature of Android. Although the implication in the article is that Google not being able to charge the fee is a side effect of any app being able to act as a “wallet.” Which I’m not 100% sure is true.

Unofficial Hacker News client; not affiliated with Y Combinator.