I had dinner with members of the Apple Pay team a year or two back. I asked them, “So, who are your competitors? Google Pay? PayPal?”
They laughed.
“No, we don’t really track them. We have one main competitor. Credit cards. We care about Apple Pay being better, easier and more convenient to use than any of your credit cards.”
And then, finishing dinner, the guy paid with his Apple Watch, using Apple Pay. The waiter was stunned - he’d never seen anything like that before.
They laughed.
“No, we don’t really track them. We have one main competitor. Credit cards. We care about Apple Pay being better, easier and more convenient to use than any of your credit cards.”
And then, finishing dinner, the guy paid with his Apple Watch, using Apple Pay. The waiter was stunned - he’d never seen anything like that before.