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All I Want Is For Ralphs To Take Apple Pay. Is That Too Much To Ask?
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We know, we know, people are using their smartphones to pay for stuff and to do their banking. But, as this article notes, it's far from universal. In fact, while banks try to keep up, they're finding that Millennials are all in on doing everything with their phones, but older customers are resistant. And maybe that's what's holding back advancements in this area -- if older customers used Apple Pay and Samsung Pay and Android Pay, we'd have it in more places. Meanwhile, this has opened the door for upstart competitors to come in and battle the banks; do you trust the newcomers? Will this competition prevent the "too big to fail" banks from amassing the power they've enjoyed since the economy began? (New York Times)
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