a16z Podcast: Apple Takes on Payments and Your Wrist
a16z Podcast
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Apple's Payment Revolution
This chapter explores Apple's newly announced payment system integrated with the iPhone, emphasizing its user-friendly interface and partnerships with major credit card companies. It discusses the potential impact of NFC technology on consumer adoption and contrasts payment practices in different cultures, particularly Japan and South Korea. The conversation also addresses the implications of shifting from physical to digital cards and the evolving relationship between users and applications in the payments landscape.
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