Will Apple’s New Money-Transfer Idea Leave Visa and MasterCard in the Dust? | Re/code

Will Apple’s New Money-Transfer Idea Leave Visa and MasterCard in the Dust?

It would set a dangerous precedent for the card networks if Apple builds a new payment product that routes money around their pipes.

http://recode.net/2015/11/16/will-apples-new-money-transfer-idea-leave-visa-and-mastercard-in-the-dust/