Bill Gates: Apple pay mobile payment has a great idea

Beijing time October 3 Morning News, Microsoft co-founder, philanthropist Bill Gates, recently received an interview with Bloomberg Television. He said he wanted to promote mobile payments in the poorer countries of the world, making the technology more convenient and cheaper, and helping people manage small sums of money. Google and Apple have launched mobile payment services Google Wallet and Apple Pay, but Microsoft's Windows Phone system is not equipped with similar mobile payment services. For Apple Pay, Gates said the service did not address the cost of mobile payments. "Apple pay has not touched on the most basic issues," he says. Apple pay requires the user to register to use this payment tool. As a result, the service cannot significantly reduce the cost of managing small sums of money and improve efficiency. Gates believes it is important to achieve interoperability between different services as mobile payments move into other countries ' markets. But Gates still believes that Apple pay has a great idea and can make a real contribution. "Apple pay is a good proof of how a mobile phone can identify users in a powerful way and help you do a very low value deal," he says. It would be interesting if I could shop in any application. I no longer need an entity's bank card to trade, and you are very sure who is dealing with it. This brings a real contribution. One day, gates points out, all mobile phones, including Windows Phone phones, will be able to make mobile payments. It is Apple that makes the mobile payment function popular. "All platforms, whether Apple, Google or Microsoft, will integrate this payment function," he says. This is based on the industry's standard protocol, near-field communications (NFC). These companies are involved in the process. Apple will help ensure that most of the key devices support mobile payments.