Mobile payments—still an answer to a problem that simply does not exist.

Regardless, anyone that thinks that MasterCard and Visa are ever going to be beaten at the game of facilitating retail payment transactions for the world's retail banks is simply delusional; and, the Apple fanboys are the most delusional of all: most of them, the few that are actually using Apple Pay, don't even realise that Apple Pay is no more than an interface to the existing credit card system; and then there is the clunky online payments intermediary "PreyPal"; next time you visit Home Depot, ask the cashier how "Pay Here With PayPal" is going—LOL; and, don't forget MCX's, as yet unborn, likewise clunky CurrentC—Ho, Ho, Ho!

Clearly, all the hot air coming out of the Apple Dept of Spin regarding Apple Pay has started to cool. And, then, why would anyone get excited about a stand-alone, Chase Pay, when the established Visa and MasterCard do the job across the board? Chase Pay with MCX? Sounds like CurrentC has died in the womb and been aborted, and this arrangement is at face-saving device for a system that was only every going to be a poor joke ...