• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick

Apple Pay Adds Amex Corporate Card Support, Bitcoin Still Favorable Solution For Mobile Payments

Jp Buntinx
by Jp Buntinx
10 years ago
·
Posted in Bitcoin, Bitcoin Acceptance, Bitcoin Breaking News Brief, Bitcoin Education, Bitcoin Service, Bitcoin Technology, Companies, News, News teaser, Services, Technology
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

With mobile payments being the next big thing in the world of finance, many eyes are on new services such as Samsung Pay and Apple Pay. Even though both payment methods make it easier to spend funds with a mobile device, they are far from solving inherent problems with the financial industry. American Express corporate card customers can now start using Apple Pay as well.

Also read: Apple Pay Users in London Double-charged for Public Transport, Bitcoin A Superior Alternative

American Express Corporate Card – The Elite Enjoy Mobile Payments TooBitcoinist_Apple pay Small

Paying for goods and service on-the-go, rather than dealing with cash or handing over a credit card to a cashier, sounds like a perfect payment method. On paper, that is, as popular payment systems such as Apple Pay have been facing payment issues in the first few months, causing quite the PR nightmare. But rest assured as Apple engineers keep figuring out ways to improve the service provided.

Owners of the American Express corporate card – a card used by large corporations and the elite crowd – can now enjoy the potential benefits of Apple Pay as well. In doing so, American Express is the first corporate credit card to work with Apple Pay, which could open up the mobile payments solution to a much broader audience.

At the time of publication, Apple Pay is only available to customers in the US and the UK. Winning over credit card providers and financial institutions has been a breeze so far, as over 400 banks and credit unions have signed up for Apple Pay.But the key problem for Apple pay lies with signing up retailers, mostly because of the infrastructure being unable to process payments through Near-Field Communication (NFC).

Additionally, Apple Pay is not the only player in the space of mobile payments, as Samsung Pay will be launching later this month. While both Apple Pay and Samsung Pay are only available to owners of their latest mobile devices, Google has been working on a universal mobile payment method dubbed Android Pay. Last but not least, all of these services will be competing against CurrentC, a mobile payment solution developed by the Merchant Consumer Exchange.  

Apple Pay Doesn’t Solve The Financial Problem, Bitcoin Just MightBitcoinst_Bitcoin

Regardless of how you want to look at things, Apple pay and its competitors are not solving a problem in the financial world. All of the mobile payment solutions mentioned earlier rely on the existing financial infrastructure. Especially credit cards, which were never meant to be used online to begin with, are not intended to be linked to a mobile payment solution either.

Bitcoin payments offer a better solution for both the consumer and the merchant. A Bitcoin payment with a mobile device is user-friendly to execute with a mobile device. Merchants, on the other hand, will pay far lower transaction fees, and get the money from every Bitcoin transaction a few days later, rather than waiting 30 days.

Additionally, Apple Pay and consorts require the merchant to invest in additional infrastructure to accept NFC payments. Bitcoin payments can be sent through Internet, Bluetooth or NFC, meaning the merchant is not forced to buy a proper payment terminal. Combine all of these facts, and there is no reason Bitcoin could not become a more favorable solution in the future.

What are your thoughts on Apple Pay, and being able to use American Express corporate cards? Have you used Apple Pay, and how does it compare to Bitcoin payments? Let us know in the comments below!

Source: CNET

Images courtesy of American Express, Apple Pay

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Jp Buntinx

Jp Buntinx

Follow

JP Buntinx is a freelance Bitcoin writer and Bitcoin journalist for various digital currency news outlets around the world. In other notes, Jean-Pierre is an active member of the Belgian Bitcoin Association, and occasionally attends various Bitcoin Meetups in Ghent and Brussels

Full Profile

Related Posts

Metaplanet

Metaplanet Pushes Bitcoin Holdings Over $2 Billion With New Purchase

11 hours ago
solana-analyse-tendance-leviers-techniques

Solana en route vers les 300 $ : analyse de la tendance des leviers techniques

18 hours ago
Bitcoin

Bitcoin Mining Can’t Keep Up: Companies Buying At Quadruple Pace – Report

19 hours ago
Bitcoin

Bitcoin Treasury Race Heats Up As Dutch Firm Shoots For $23-M Launch

1 day ago
Bitcoin

Unexpected Bitcoin Player: Japanese Nail Salon Targets $3-B In BTC Holdings

1 day ago
Bitcoin

Bitcoin Fortress: El Salvador Shields $678-M From Quantum Threat

2 days ago
Please login to join discussion

Premium Sponsors

Press Releases

  • The Ethereum DeFi’s Return Sets the Normal for Cloud...

    8 hours ago
  • Earn $8,888 per day – OurCryptoMiner helps you turn...

    8 hours ago
  • OPTO Miner

    XRP’s post-holiday rebound is weak, and OPTO Miner...

    12 hours ago
  • XRP retreats under pressure, while DOT Miners generates...

    17 hours ago
  • Rich Miner Launches New Cloud Mining Strategy: Secure 1,000...

    18 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.