Apple Pay Launches Today, Will It Succeed?

The transcript discusses Apple's potential in the mobile payment space, focusing on its ecosystem, user experience improvements, and privacy concerns. It compares Apple Pay with Google Wallet, highlighting challenges in adoption and integration. The discussion also covers market dynamics, the role of NFC and EMV technology, and the future of mobile payments.

What are some potential advantages of Apple's ecosystem in terms of payment processing?

How does the user experience of booking a hotel room change with the new payment method?

In what ways does Google Wallet differ from Apple Pay regarding user data and privacy?

What role does NFC technology play in the functionality of Apple Pay?

What challenges does Apple Pay face in terms of merchant adoption?

How might the integration of Passbook enhance the Apple Pay experience for retailers?

What are the implications of the EMV upgrade for retailers and payment systems?