Apple Pay will even work with online payments - and will compete with Ebay's Pay Pal payments service, although analysts estimate less than 0.5% of Pay Pal's revenue is at stake from Apple Pay. The technology could also be a major threat to Mobile Embrace Limited's (ASX: MBE) mobile payments offering. Shares in the company had fallen 3.6% to 27 cents in lunchtime trading. Another company likely facing the threat is Mint Wireless Limited (ASX: MNW) with its Mint mPOS device.
