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Will Apple Pay lead to the Untimely Demise of Plastic Cards?

Apple Pay has brought far-reaching implications for the global payments industry and people are talking now, more than ever before, about the poor payments environment (and infrastructure) that did not allow the payments industry to disrupt for so many years.

People are also talking about how Apple Pay has scared some other players out of the wallet and card markets. Some have even predicted that it has the potential to eliminate plastic card payments completely.

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