Apple Pay will undoubtedly bury eBay’s clunky intermediary PayPal’s mobile operation; and if, for some incomprehensible reason, Apple Pay does not do it, MasterCard’s “MasterPass” and Visa’s “Visa Checkout” mobile apps eventually will …

Regardless, PayPal does not dominate “digital payments”—Amex, MasterCard and Visa do that; I doubt that “PreyPal” even dominates “mobile” payments; next time you visit Home Depot, ask the cashier how “Pay Here With PayPal” is going—Ho, Ho, Ho …

Then, as far as Apple Pay is concerned, it will succeed to the degree that those latest-model Apple iPhone users choose to use it for payments—until the novelty wears off—no more no less …

In the meantime, everyone else can download the “MasterPass” or “Visa Checkout” mobile apps …

Retail Payments—The Reality ... http://bit.ly/1nSA1Zl