Apple Pay Might Mean The End Of Digital Wallets

Rick Oglesby, senior research analyst for Double Diamond Payments Research, recently wrote an article detailing how Apple Pay’s mobile payment system is actually based in the hardware of the mobile device and isn’t just a software solution. On Mobile Payments Today, Oglesby argues this is a vital distinction for the future of mobile payments and it ensures Apple can provide security and a consumer experience that software-only solutions cannot match.