Banks are scared! Is Apple Pay revolutionary? Prepaid was a ‘dirty word!’ See what our Advisory Board Member Suresh Vaghjiani has to say as he talks about challenger banks, prepaid usage and mobile payments.
‘Let’s talk about Apple Pay, for example. You know, Apple Pay, could you argue that it’s the first mobile phone payment solution? The answer is no. You know, there’s been mobile payment solutions around for some time in one form or another. What Apple have done have almost what they did with the iPod when MP3 players were around for a long time.’