A lovely piece of fluff ... Apple Pay will work on any EMV/NFC terminal—as long as the individual acquiring and issuing banks are "on board"; what happens if a particular bank has not agreed to pay Apple a fee? That's when you pull out the good old plastic ...

Regardless, Apple Pay is the greatest media/marketing beat up yet of the 21st century!

Too bad all that hot air will soon enough cool …

Retail Payments (and Apple Pay/PayPal/et al)—The Reality ... http://bit.ly/1nSA1Zl