In an interview (http://tinyurl.com/ox9s3qx) with Erik Schatzker of Bloomberg, Microsoft co-founder Bill Gates praised Apple Pay, calling it a "real contribution"
As noted by TUAW (http://tinyurl.com/plj98pf), he said: "Well, Apple Pay's a great example of how a cell phone that identifies its user in a pretty strong way lets you make a transaction that should be very, very inexpensive. So the fact that in any application I can buy something, that's fantastic. The fact I don't need a physical card anymore, I just do that transaction and you're going to be quite sure about who it is on the other end, that is a real contribution.
Gates added that it's only a matter of time before similar functionality becomes available across all mobile platforms.
"And all the platforms, whether it's Apple's or Google's or...| Read more »