Sunday, October 05, 2014

eBay Under New Management - Again | Monday Note

Jean-Louis Gassée perspectives on what Apple Pay likely means to eBay/PayPal

"This changes the competitive landscape in two ways.

The first is the gravitational well, the network effect: More participants will attract more participants. It remains to be seen how well Apple Pay will perform, but we know the Touch ID feature works well — better than this skeptical user expected, and better and more securely than its current competitors.

The second way Apple Pay changes the landscape is much more alarming to competitors: Business Model Disruption. For Apple, revenue from a payment system is peripheral, it’s yet another part of the larger ecosystem that sustains the iDevice money makers. To PayPal, of course, payment revenue is all there is."
eBay Under New Management - Again | Monday Note

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