Apple Has Given Upper Hand to Merchants: Priebatsch

The video discusses the evolution of mobile payments, focusing on the role of companies like Level Up, Apple, and Google. It highlights how Apple Pay has validated mobile payments and the potential for Google to integrate loyalty and rewards. The competitive landscape is explored, with emphasis on differentiation and the impact of carrier billing. The future of mobile payments is speculated, considering the influence of major tech companies.

What industry is Level Up primarily focused on?

• Retail

• Education

• Healthcare

• Restaurant

How does Apple Pay affect the mobile payments industry according to the speaker?

• It hinders the growth of mobile payments.

• It validates and promotes mobile payments.

• It has no impact on mobile payments.

• It makes mobile payments obsolete.

What is a key differentiator for Google Wallet as mentioned in the discussion?

• Hardware integration

• Advertising and rewards integration

• Exclusive partnerships

• Lower transaction fees

What is the potential role of carrier billing in mobile payments?

• To increase transaction fees

• To provide more payment options

• To eliminate credit card usage

• To restrict mobile payments

What is the main revenue stream for Google as discussed?

• Advertising

• Software development

• Device sales

• Subscription services

What is the speaker's view on Apple's end game in mobile payments?

• To become the leading payment network

• To focus solely on hardware sales

• To eliminate all credit card companies

• To enable an ecosystem for better consumer experience

How does Level Up aim to differentiate itself in the competitive mobile payments space?

• By offering exclusive merchant partnerships

• By providing free services to consumers

• By focusing on lower interchange fees and analytics

• By developing proprietary hardware