Comments by "V Sohn" (@maestrovso) on "Apple Pay Is Killing the Physical Wallet After Only Eight Years | WSJ Tech News Briefing" video.

What should have been mentioned is at the time when Apple first launch it, a group of major retailers including Walgreen, Walmart, and Home Depot formed an alliance with their own form of cardless payment system in order so they will continue to harvest customers' purchase history. I cannot remember what that was called, but a lot of tech critics thought they will win and mocked Apple Pay's initial slow adoption. Some even called it Apple Pay killer. To this day Walmart, Home Depot, and Lowes still will not accept Apple Pay as they want to continue to harvest customers' purchase data. Of course their version of contactless alternative was long dead and buried. As one of the earliest adapter I pointed out to countless small retailers their POS machines could process Apple Pay, and showed them how. Many were very surprised and delighted at the same time. I should point out when I visited PRC circa 5 years ago, every merchants including wet market vendors took contactless payments. Alipay was ubiquitous. Everyone use the QR code displayed by the vendor to make payment with their smartphones.
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