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Nov 07 2014

Electronic Payment Industry: The Mobile Pay Players

  • Nov 7, 2014

On October 20th, Apple Pay was officially launched in the U.S. with great fanfare. Since the launch, we’ve heard a lot of buzz words such as “disruptive,” and “transformation,” and then “million users signed up within the first three days.” Amid this enthusiasm came the bad news that some retailers, including Rite Aid and CVS, disabled Apple Pay at their POS’ and reports broke that a retailer consortium was developing a rival payment system.


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About The Author

Jun Zhu / Sr. Research Analyst & Co-Portfolio Manager