Bilamoria: Apple Pay and NFC are bridging vitamins, not painkillers
Zal Bilimoria · a16z Podcast | Apple Takes on Payments and Your Wrist · Jan 2, 2019 · at 18:05
Zal Bilamoria, panelist at a16z, evaluates whether Apple Pay solves a major consumer pain point or acts as a temporary step toward fully automated mobile commerce.
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“So, one can kind of think about Apple Pay, NFC, you know, this idea of facilitating offline commerce, you know, brick and mortar commerce, as a bridging solution until kind of, you know, maybe 10, 20, 30 years from now, when, like, everyone's got mobile apps and mobile devices and tablets and even every, every retailer, every supplier, and every buyer as well has all of these devices and apps, and this can all happen automatically. But I think until then, like, you need this potential solution potentially, but I think it may just be a vitamin at this point.”
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