Monday, October 17, 2016

Tim Cooks says Apple’s aim is a cashless society; working to boost the role of AI

Tim Cook has told the Nikkei Asian Review that the company hopes that Apple Pay will help to bring about a cashless society. The statement was made a month before the iPhone 7 becomes the first iPhone to support FeliCa, the contactless payment standard used in Japan.

We would like to be a catalyst for taking cash out of the system. We don’t think the consumer particularly likes cash.

Cook also spoke rather mysteriously about the work that will be performed by the R&D center the company is building in Yokohama, expected to open in March …

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Filed under: Apple