Market_Rather_Than_the_State_Should_Determine_Payment_Prices.original

If Apple’s mobile wallet Apple Pay is successful banks will be the big losers

If Apple’s mobile wallet Apple Pay is successful banks will be the big losers.pdf Discusses Apple Pay’s prospects and impact on players across the payments value chain and contends to the extent Apple Pay is successful it will capture additional economics from bank issuers and diminish their payments customer relationships.