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Apple Pay will even work with online payments - and will compete...

  1. dsherwood
    307 Posts.
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    10/09/14
    14:26
    Post #: 13953508
    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.


    http://finance.ninemsn.com.au/newsb...pples-new-pay-technology-kill-the-credit-card
    MBE Price at posting: 25.5¢ Sentiment: None Disclosure: Not Held
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