This weekend a new version of iOS, Apple’s operating system for iPhone and iPad. It’s weird for Apple to do this at the weekend, but it looks like an error had been detected on some iPhone 6 that made them hang, so this version has been released as soon as possible to solve the problem. The case is that the new version (11.2) not only includes this, but also comes with Apple Pay Cash as an option to make micropayments from your mobile. So… What technology do you use for micropayments? Bizzum, PayPal or Apple Pay Cash? Let’s see what
is this of the micropayments and how these Christmas will help us:
Let’s see if any of these phrases ring a bell:
– Get half his card and half me.
– Come on, you pay today, but tomorrow I pay.
– You pay me that I don’t carry money, I’ll give it to you tomorrow.
– That lottery ticket we bought in half, tomorrow I’ll give you my share.
– You ask that you have the Premium And when I get there I pay you (often summer have given me with this sentence)
Well… the micropayment from the mobile comes to solve precisely this, that is, to be able to send money from our mobile to another user without having to know its account number, so it’s different from making a transfer. And it’s cool because once the user is registered in the corresponding application (now we talk about them), you just need to know your phone number or email so you can send or receive a payment.
Why is it called a micro?
Because has certain limitations by its very nature. Such payments no use for example to collect the payroll or buy you a car The idea is simpler… If you carry your cell phone, you carry money, So there are some limits as to the maximum amount of money that can be transferred or received:
I think it’s interesting, but do you have commissions?
That’s another advantage, There are no commissions because you don’t have to change banks or anything.. Sometimes bank transfers do have commissions, in addition to having to wait the next working day to see the money in the account if it is a bank other than yours, but with mobile micropayments there are no commissions and the money comes immediately to the other user which can leave that money as an application balance or take it to your bank account (also immediate).
And this has been possible because the Spanish banks have agreed to use all the same application! The standard is currently called Bizum, and you can register from your bank’s mobile app, so you don’t have to go to a third-party platform where you put your account number or card as with PayPal (of this service we have already talked about when we discuss online purchases). This. greatly facilitates registration in the application (the task
more complicated for non-technological users) as you do not have to re-enter all your data… with a couple of clicks You can activate the service from the same application you usually use to see your account status.
What do I have to do to use it?
You have to open your bank app and find the Bizum section so you can register. As your bank already knows who you are and has your data, registering in Bizum is very simple, you just have to give consent to activate the service. Once registered, the app will ask you if you want to send money to someone or if you want to ask them (there are always forgetful, you know) and you will simply ask us about the phone number of our contact (which we can copy directly from the Contacts of our mobile), the concept and the amount. That’s it. the recipient will receive the din
In a few seconds. What’s easy?
What does Apple have to do with all this?
Apple proposes an alternative to Bizum but integrating it into the Apple ecosystem. For example, you can send money directly from iMessage with someone you usually talk to. Or you can tell Siri to send it! As simple as saying ‘Hey Siri, send 10 €to Ivan’ and Siri will do the rest.
It also has some extra advantage, like that you can have a balance in the application and, for example, when you go to pay in a restaurant with Apple Pay use the balance to pay and have the rest charged from your usual card… but it also has an important limitation, and it only works between Apple users. I’ve never been a big fan of this policy, I think Apple’s milling services should open up to other platforms to make them more popular (such as iMessage or Apple Music), but well, it’s your policy, surely to captivate users in the ecosystem and then it’s more difficult for you to change the platform
… but if I ever become Apple CEO I will already talk to the board of directors to change that: D
Let me guess your next question… How does Apple Pay activate? Well, this is where the bitten part comes from, and it’s just that In Spain we have to wait a little. From today it is available with version 11.2 of iOS in the United States and will gradually reach the rest of countries… I just hope it will take less than it took to get Apple Pay to Spain… But Bizum is fully operational and you can use it from any platform So we’re out of the excuse for ‘cause I’d buy you a lottery number from your failure, but I don’t carry any money’… even though it’s still me.
No thanks, I don’t play games of chance, statistically there’s more chance of you falling a ray to the lottery.