Apple Pay won’t replace your wallet any time soon

Today is Apple Pay day, finally extending to iOS users a capability that Google and several others have already tried, unsuccessfully, to make mainstream.

For several reasons, Apple’s foray into mobile payments appears to have a good shot at succeeding where others have fallen short. Some point to the iPhone’s massive market share. Although more Android devices may be in the hands of consumers overall, everyday Android users who don’t read technology news and reviews obsessively might not know if their phones have an NFC chip or even how to set up Google Wallet. But with the homogeneity of iOS, everyone with an iPhone 6 or 6 Plus will have that capability.

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Network World Colin Neagle