In this Payments on Fire podcast, Russ Jones and I discuss last week's Apple Pay announcement and how it fits with and compares to other checkout approaches.

We begin looking at Apple Pay and Visa Checkout from the perspective of the checkout process because that's what they are, ways to optimize checkout. We talk about how both will evolve over time.

We then dive into what we know about Apple Pay and discuss and what's most exciting about Apple Pay (it's not NFC).

In our next Payments on Fire podcast, Russ takes a deeper dive into Visa Checkout. So, come back for that next week.

This week's Glenbrook links of note:

• Carol Coye Benson's personal appreciation of Apple and Apple Pay
• Glenbrook's business assessment of Apple Pay
• Take our Bitcoin 2014 survey. Please!
• Glenbrook's Insight Workshop on Payments in Europe