The float is essentially double-counted money: a paid sum which, due to delays in processing, appears simultaneously in the accounts of the payer and the payee. Individuals and companies alike can use float to their advantage, gaining time or earning interest before payment clears their bank. Investopedia One of the […]
Apple - Apple Pay Octopus - China T-Union - FeliCa - MIFARE - NFC
Farewell FeliCa Octopus, save the last tap for me
The 2019 Apple Pay Octopus launch saga made one thing was very clear: Octopus was living on borrowed time: Octopus Cards Limited (OCL) has been slow extending the service to include mobile. Instead of putting early effort into digital wallet support for Apple Pay/Google Pay/Samsung Pay, OCL wasted time and […]
Apple - Apple Pay + Wallet - Apple Pay Suica - Apple Pay Transit - Mobile Payments - Transit
The Apple Pay Octopus Inbound Gouge
Octopus Cards Limited (OCL) released an iOS Octopus app for tourists last week that perfectly illustrates what’s at stake when Apple plays loose with some developers for the sake of Apple Pay. The long delayed Apple Pay Octopus launch in June was very successful but OCL shut inbound visitors out […]
Apple - Apple Pay Octopus - Apple Pay Suica - Apple Pay Transit - Apple Watch - FeliCa - iPhone - Mobile Payments - Transit
One week in
Apple Pay Octopus has been in service for a week so I asked for some Apple Watch field impressions on Twitter. Overall, users seem pretty impressed: I am using it daily and it is really out of this world. I use it on my watch and now I can literally […]
Apple - Apple Pay Octopus - CASHLESS - EMV - FeliCa - MIFARE - Mobile Payments - NFC - NFC-Felica - Transit
Next Up for Octopus: Google Pay or something else?
Apple Pay Octopus launch day was a big success, so successful that Octopus apologized for their servers buckling under the demand. What’s next for Octopus, Google Pay? There are some possibilities but when it comes to Android there is the matter of the Secure Element (SE), where it resides and […]