Originally Posted by
uds0
Any payment method that requires a $500 phone (very high price to pay to pay) be whipped out (and thus exposed to loss or damage frequently) is simply not going to fly - despite Apple's delusion that the world will shell out $500 to do this specific thing.
Mobile payments isn't just an Apple thing, as evidenced by Google completely changing strategy with Google Wallet and Samsung coming out with their own thing. Phones with it also don't need to cost $500+; the Nexus 7 is/was $200ish new and has NFC support built-in.