If yesterday we were talking to you about the Apple Pay was about to enter some European countries and Australia according to indications found in iOS 9.1 and in certain establishments in the form of stickers, today we are talking about this Apple mobile payment method and it is that if that were not enough a new competitor has grown.
There are not a few companies that have already presented their alternative to Apple Pay and it is that Samsung, Android or Microsoft already have their own payment methods competing with Apple Pay. Is now PMorgan Chase & Co the one who decides to enter the world of mobile payment methods with the ChasePay.
In this case, it would be a new method of mobile payments that would be based on the use of little extended QR codes that we see more and more in establishments but that have not finished taking off despite the fact that they are much more complete than a simple barcode.
PMorgan Chase & Co with Chase Bank CEO Gordon Smith, have devised what we can call as the ChasePay. It is a new payment system that will work through QR codes and not through the NFC technology that Apple uses from the iPhone 6.
In this way when we want to make a purchase we must show the QR code and in this way the amount would be charged to our account. Not many details are known about how exactly this method will work but, roughly, it is what we have explained to you. It seems that This new method would be ready to start being used in stores such as CVS, Shell, 7-Eleven or Target, among many others.
Given such a panorama, it is not surprising that Apple is so slow with the implementation of Apple Pay in more countries. Of course, we are sure that in the end the one that will monopolize the market will be Apple Pay, at least among the millions of users who make some of the iDevices.