What's to stop Facebook from going after this exact same space? Frankly, I'd be surprised if they weren't already working on something to this effect. Via Facebook Connect, they've already got the back-end infrastructure "trojaned" into a large percentage (maybe even a majority?) of all iOS apps, web apps, sites, and so forth. Feels like they could carve out a more defensible and expansive position in web and mobile payments than Apple could.
[To be fair, they don't currently have all the stored credit card info that Apple does. So that's a big hurdle to starting up.]
> What's to stop Facebook from going after this exact same space? (snip) [To be fair, they don't currently have all the stored credit card info that Apple does. So that's a big hurdle to starting up.]
Google (Android) is probably more likely right now. Or PayPal. If Google or Facebook were to takeover PayPal, or PayPal (Ebay) were to takeover Square or whoever's huge in mobile payments right now, things might start to get interesting.
[To be fair, they don't currently have all the stored credit card info that Apple does. So that's a big hurdle to starting up.]