Why Don't We Pay for Everything via our Phones?

Payment via smartphone is still not near ubiquitous?    Heard a presentation nearly ten years ago saying it was about to happen.  I still don't do it.  Don't know many who do.  Should be easy and safe.  Why is the adoption so slow?   Something to learn from that.

Apple Pay Goes to China

In CWorld:  " ... Apple partners with UnionPay to bring Apple Pay to China   ....  "China is an extremely important market for Apple and with China UnionPay and support from 15 of China's leading banks, users will soon have a convenient, private and secure payment experience," Eddy Cue, Apple's top executive for the Cupertino, Calif. company's mobile point-of-sale payment service, said in a Friday statement.  ....  " 

Coke Vending Goes Apple Pay

Have been seeing Apple Pay being used quite a bit lately, and now adding the Watch?  Vending is an obvious next step.  And the new possibilities for point of sale interaction.    Advice for trying new beverages, new blends?  Promotional loyalty?

In Foodbev: 
 Consumers will be able to use Apple Pay to purchase Coca-Cola products from more than 100,000 vending machines in North America by the end of the year. The roll-out will make Coca-Cola one of the largest retailers to use the technology, which allows users to make payments using their iPhone or Apple Watch. ... " 

Basic Information About Apple Pay

A good, short overview of some of the technical and practical aspects of Apple Pay.  Taking a closer look.

Apple Pay vs the Wallet

In Adage:   A long time examination.  In particular, what are the retail implications of having an easy to use,  location aware system for payment and information access.

Whole Foods Accepts Apple Pay

Continuing to follow efficient and secure digital wallet ideas.  Here a new development with major players. " ... Whole Foods Market Inc. will be among the first merchants to participate with Apple Pay, Apple Inc.’s new mobile payment program that uses the iPhone to make purchases, the grocery store company announced. .. " .  An ambitious bet, the NYT says.   Due in October.

iPhone as Future Wallet

More indications that Apple will be pushing the idea of a convenient phone-wallet in future mobile.  An idea that has been around for years. Talked to credit card companies about integrating promotion offers and shopping lists.  Will this finally be the push to make the idea common?   What are the security and privacy implications?

" ... It seems likely Apple's payment solution will combine iTunes with Touch ID and the secure enclave on iPhones. The service will come to market in partnership with existing credit card firms.

"Apple has told some partners its system would involve a so-called secured element in the phones — a piece of hardware where sensitive information such as a phone owner’s financial credentials can be stored," The Information says.

The offer means consumers will be able to use their devices to pay for physical goods on the Web, inside apps and at retail stores.... "

Pay by IPhone

More on the motivations of Apple to include near field communications and Wallet software in the IPhone.  A long expected direction ... Phone as Wallet.