Is the world really ready for Apple Pay? Credit card killer Plastc preorders hit $5.2M in one week

Apple Pay is encouraging people to leave their credit cards in their wallets and pay for goods in stores using an iPhone 6 or iPhone 6 Plus now, or an Apple Watch in the future. According to Tim Cook’s recent comments, more than 1 million cards have already been activated on Apple Pay in the first three days. On the other hand, the MCX group of retailers that includes big brands such as Walmart, Best Buy, Gap, CVS, and others, are working on a different wireless payments solution that doesn’t even need credit cards or NFC, and thus is not supporting Apple Pay. Regardless whether you like Apple Pay, or any other alternative, it’s clear that credit cards won’t go

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