Chang Lao's Blog

This post is in response to a post made by my fellow classmate, Ryan McCaig.

In McCaig’s post, he is describing the differentiating characteristics of Apple’s new product, Apple Pay. I would like to elaborate on his post as I believe this new Apple product is more than just a point of differentiation in comparison to Samsung and Sony, it is also a disruptive innovative against established e-commerce companies such as PayPal.

Although the typical disruptive innovator provides a sophisticated, expensive piece of technology to customers in a more simplified manner and lower price, Apple has invented a new piece of technology completely. They are a strong competitor, as McCaig mentioned, due to its large capital and huge customer database. Although similar devices have been introduced, not many have been collaborating with top companies such as Macy’s and McDonalds to create something that is assessable to all Apple users. This is another gain creator to Apple’s list of many as users may now integrate all their credit cards in to one to make the payment process even simpler. The question is, how PayPal is effected by this new change, and what will they in response?