Apple likely to lose money on person-to-person money transfers through Apple Pay

Article Image If Apple does indeed get into rumored person-to-person money transfers via Apple Pay, the company stands to lose money on each transaction in the short term, accepting the losses as a way to further drive adoption of its mobile payment service, analysts believe.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4beb580e/sc/28/l/0Lappleinsider0N0Carticles0C150C120C0A10Capple0Elikely0Eto0Elose0Emoney0Eon0Eperson0Eto0Eperson0Emoney0Etransfers0Ethrough0Eapple0Epay/story01.htm

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PSA: Don't use P2P money transfer services like Venmo with people you don't know

Article Image While smartphone-based person-to-person payment services are convenient, they aren’t necessarily a secure or guaranteed way to receive money. If you’re doing business with an unknown person, such as selling an item on Craigslist, you should just stick to cash. Here’s why.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4bc2bd2e/sc/15/l/0Lappleinsider0N0Carticles0C150C110C240Cpsa0Edont0Euse0Ep2p0Emoney0Etransfer0Eservices0Ewith0Epeople0Eyou0Edont0Eknow/story01.htm

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The best ways to send money to friends and family instantly with your iPhone

Article Image Apple Pay might soon let you send person-to-person payments, but you don’t need to wait on Cupertino to split the cost of a pizza without cash. AppleInsider took a look at some of the most popular money transfer apps available now for iOS.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4b7cb50b/sc/28/l/0Lappleinsider0N0Carticles0C150C110C130Cthe0Ebest0Eways0Eto0Esend0Emoney0Eto0Efriends0Eand0Efamily0Einstantly0Ewith0Eyour0Eiphone/story01.htm

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Facebook Messenger gains app-based person-to-person money transfers

In “coming months,” Facebook is rolling out person-to-person money transfers in its Messenger apps for iOS, Android, and the Web, the social network announced on Tuesday.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4480d895/sc/5/l/0Lappleinsider0N0Carticles0C150C0A30C170Cfacebook0Emessenger0Egains0Eapp0Ebased0Eperson0Eto0Eperson0Emoney0Etransfers/story01.htm

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