How Do You Send Money?

Besides writing a check, how else can you send money to someone?

It’s 2017 and most people I know still write checks to give money to someone else. You would think by now technology has solved this problem of carrying a checkbook, writing out specific information, and bringing that to the bank. This ancient technique has finally been updates, for the most part.

There are numerous ways to send money to another individual or business, whether is to pay a bill or a gift, a lot of services exist for this sole purpose. Venmo, PayPal, Square, and PopMoney are three popular services, but it seems most banks offer their own version. These money sharing services often charge a fee when using a credit card, but most of the time there is no charge to use debit from your checking account. The issue with using an app to send money is that the funds live in the app and the recipient has to withdraw or transfer the money to use it. In rare instances, someone may keep the funds in the app and use it elsewhere, this is common when using PayPal. Think of someone you know that you’ve written a check to in the past. Odds are that they wouldn’t know what to do if you send them money via Venmo.

Enter Apple’s solution to this problem: Apple Pay. Ever since Apple debuted Apple Pay in 2014, I’ve been wondering how I can use this to pay another individual. While not as simple as holding your iPhone up to an NFC reader, Apple proves they have taken the time to think this through. Basically, you can send someone money through your iPhone to another person who has also has an Phone through the iMessages app. The way they do this is by giving you an Apple Pay gift card that you can load money on to send to other people. The great thing about this gift card is you can use the loaded/transferred funds anywhere that accepts Apple Pay, right from your iPhone. You can also transfer this money to your bank account, which should be free to do. If you send money to another person through Apple Pay by using a credit card, you’ll be charged a fee of about 3% of your transfer amount. This is to pay the credit card fees, so Apple isn’t making any money of this transaction. This transfer fee is standard throughout all the popular money sending services, but differs in actual percentage.

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A lot of retailers are moving to this “gift card” scenario where you load money on to a card and use that to pay, usually through a smartphone app. Starbucks is the biggest one I’ve used and they entice you to use it with rewards resulting in free items. The kicker with Starbucks is you can reload your card using Apple Pay, which makes this new system work.

Apple Pay person-to-person will be launching later this fall. This new money transfer system will take a very long time to catch on, if ever. The older generations, who actually use smartphones, will probably never get on this program. Don’t expect that $10 birthday check from your grandparents to go away any time soon.

What’s next for Apple’s flagship iPhone?

iPhone 7s, iPhone 8, or iPhone Pro?

For the past seven years, Apple has released a new flagship iPhone in the fall, usually at the tail-end of September. This year will be no different as we prepare for what might be the biggest iPhone change since the iPhone 6 and iPhone 6 Plus. With so many rumors swirling around the ether, it’s hard to sort through trash to find treasure. Let’s only talk about the facts that can be verified or have a higher degree of likeliness.

iPhone 7s and iPhone 7s Plus

Just like the last 3 years, we’re going to see another pair of similarly featured phones in two sizes. The smaller of the two will retain the 4.7” diagonal screen size with a single rear camera. The Plus variant will continue to have a 5.5” diagonal screen with dual rear cameras. This is not any big change over last year’s duo. The only two big changes I can see happening on this front are the addition of wireless charging and increased water/dust resistance.

If you’re not familiar with mobile device wireless charging that’s been around for quite some time in Android phones, it’s close proximity power transfer. Your device sits on a conductive pad that transfers power to your device through the back of the case. It’s not truly wireless because this conductive pad needs to be plugged in with a wire, and your device still needs to contact the pad to receive power.

Other features in these models that could make an appearance are new color finishes, better image signal processing, and higher storage tiers.

iPhone Pro

The rumor of an Apple iPhone Pro surfaced last summer when there was traces of a better, more expensive iPhone 7 Plus. This has since transformed into an all new form factor that will debut this year. The new form factor will sport a 5.8” diagonal screen, but the case of the iPhone will be much smaller aligning the physical size of the device directly between the iPhone 7 and iPhone 7 Plus. The new screen will be powered by OLED (Organic Light Emitting Diode) which will give us deeper blacks and use less energy. The reduced footprint of the phone presents some challenges for making an edge-to-edge screen. The front facing camera and sensors will not be set in the screen, so there will be a small notch on the upper part of the screen. This notch will house the all-new front facing cameras, infrared sensors, and speaker.

This new form factor will also be the first iPhone ever without a home button. It is said the the home button function will be built into the screen, which will allow Apple to use the area where the home button previously sat. After the debut of 3D Touch and last year’s virtual home button, this seems like the culmination of research and evolution finally coming to fruition. Not much else is known at this point on the new yet-to-be named iPhone Pro. Speculation prices this iPhone above the current offering somewhere between $999 and $1499. Pricing that depends on what storage is offered and who they market this device to.

iPhone 8

Naming an iPhone is always kept under wraps until presentation day, so we never know for sure what these things are going to be called. Ever since the iPhone 3GS, the iPhone releases have followed a X/Xs naming scheme. Canonically, the non-s years brought redesigns whereas the s years brought speed and internal improvements. This pattern was pretty much broken the last two years when we got almost all new iPhones with the iPhone 6s and 6s Plus, and not-quite-redesigned iPhone 7 and iPhone 7 Plus. My gut feeling tells me that Apple won’t break their trend of naming devices in order, regardless of what the new features are. I anticipate us seeing the iPhone 7s and iPhone 7s Plus. The outlier is the Pro model… They should just call it iPhone Pro or attach it to this generation by going with iPhone 7s Pro. I’ve seen some grumblings of Apple following the iPad trend and using generic names like iPhone, iPhone Plus, and iPhone Pro.

What Apple debuts is sure to be a hit and will sell millions of units. It’s going to be great to be able to have a premium model in addition to two already great form factors.

How to properly use your iPhone

One of this biggest annoyances I have are when people spread false “tech tips” and unsuspecting users actually follow them, religiously. Somewhere, someone thought it would be a good idea to tell everyone to quit all the running apps on their iPhone and/or iPad. This comes in many varieties like quitting all apps once in a while and the most ridiculous, quitting an app immediately after using it. I’m going to tell you why it’s not only a bad idea to quit your running apps, but you could actually be damaging your device.

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What is the next iPhone?

Success Is The 6s

It’s almost September and besides cool breezes, pumpkin-flavored everything, hockey & football, us Apple fanboys are gearing up for another iPhone announcement. This is what we in the business refer to as an ‘S’ year. Ever since 2009 when Apple debuted the upgraded iPhone 3GS, there has been a S year after a major redesign. The meaning of ‘S’ in the past varies year to year like Speed, Siri, and Security, but I have a feeling this year may be a little different. Ever since the launch of the iPhone 4S, I have speculated that eventually there will have to be an iPhone 6s which sounds a lot like ‘iPhone Success’. Not saying the iPhone is not a success, but it’s a very phonetic dumb-sounding name. I hope this is the year that they break out of their cycle and do something different. It could be called it the iPhone 7, or use a different letter like the iPhone 6L where L means LARGER. Regardless, for the sake of identification, I will be referring to the new iPhone as the iPhone 6s & iPhone 6s+.

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