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Tech

Apple Tap to Pay is Going to Help Small Businesses Accept Card Payments Immediately – No Hardware or Contracts Required!

Apple announced back in February that they were going to launch Tap to Pay.

Tap to Pay is a new feature that will enable any merchant to accept payments with only an iPhone – this could obviously really hurt companies that take a cut in the middle like Square or Stripe.

This is going to be an amazing feature for small businesses – who wont need any new hardware or contracts. Just an Apple phone and a dream!

Now, it turns out that Apple is already testing the feature at its own Apple Park visitor center in Cupertino.

Categories
Business Tech

Apple Will Allow iPhones to Accept Contactless Payments by NFC

Apple is reportedly going to allow iPhones to start accepting contactless payments. This is huge news!

It will dramatically affect any card company and how they collect their fees – as well as companies like Square and other POS services.

Apple has reporting been working on this service since 2020, when it purchased a Canadian startup called Mobeewave. Mobeewave’s technology only needs an app and the phone’s NFC to work.

I expect that Apple will roll out such a service as part of Apple Pay.

Game changer!

Categories
Business Cryptocurrency Tech

Does Audius Pay Artists, Musicians and Record Labels for Streams?

No.

Audius has been live for over 3 years now and it is still yet to have a full payment system for artists and record labels.

Audius provide tokens to 5 top artists each week, but that has little to no value for any artist that is going to use their platform with the hopes of reaching more fans and making money from their music.

This feels like it is a completely dead project – even though they have over $1 billion stakes in the platform with a market cap of now less than $500 million.

Categories
Business Stock Market Tech

What is the fundamental difference between Amazon and Alibaba? They seem similar, but with different business models

Here is the key difference.

Alibaba is a marketplace. They do not own the inventory of the merchandise sold. They put buyers and sellers together. Buyer and seller agree on terms online via their platform or offline.

Amazon’s main business is they own the inventory, and sell directly to the customer.

Both models have their Pros and Cons. Amazon has also turned into a very strong third party seller platform in recently years, but they still like to control a lot of the fulfilment.

Categories
Business Tech

What Companies Show The Entire World How Much Salary Each Staff Member is On?

The first company I know to publish the salary of every staff member was Buffer. Buffer have long had an open policy on their wage algorithm.

Buffer recently updated their wage algorithm – you can see the full google spreadsheet here.