Was PayPal cut out of Apple Pay because of Samsung partnership?

Alongside the iPhone 6, iPhone 6 Plus and its eponymous smartwatch, Apple utilized its September occasion in Cupertino to reveal Apple Pay, its digital wallet innovation.

Like with Apple CarPlay, there were plenty of 3rd parties prepared to incorporate the innovation. PayPal, however, was not amongst them. A curious choice given PayPal’s standing in the e-commerce market.

Even even more confusingly, reports from earlier in the year suggest the two business were primaried to collaborate on Apple Pay with PayPal even going to white label parts of its payment service.

So, what happened?

According to a report released by Bank Development, Apple chose to sever collaboration with PayPal when the latter snuggled as much as Samsung and its newly-released Samsung Galaxy S5. The partnership in between PayPal and Samsung lets you use the handset’s fingerprint scanner to authorise payments.

Apple, it appears, was not finest happy with this turn of events and elected to bring Stripe, an online payments start-up, into Apple Pay rather.

Bank Development more claims that PayPal president David Marcus was against the Samsung collaboration for precisely this reason, but was overthrown by ebay.com CEO John Donahoe. Exactly what makes this even more intriguing is that information has simply arised that ebay.com will spin PayPal off into a separate entity in 2015.

Whether a future partnership will occur because of this continues to be to be seen. But Apple isn’t really hanging around, Pay will present later on this month in the US with 220,000 retail areas supported, along with significant charge card networks like Visa, MasterCard and American Express.

We’ve approached PayPal for a comment on the report and will update this as soon as we hear back.