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CNBC

Apple loosening restrictions opens up $100B in payments volume

CNBC · 25 days ago
CNBC
CNBC
25 days ago

Ryan Breslow, CEO of Bolt, discusses Apple’s policy shift, AI-powered checkout, and the rise of super apps. He sees Bolt’s partnership with Palantir as key to improving online payment experiences.

BreakdownGenerated by LeadStory AI
  • Apple is loosening App Store restrictions, allowing external payment systems. 21s
  • This change follows a court ruling with Epic Games and opens up $100 billion in payments volume. 27s
  • Bolt is partnering with Palantir to introduce AI-powered, personalized checkout experiences. 59s
  • Checkout abandonment remains a major issue, with 70% of customers dropping off at this stage. 1m 55s
  • Super apps are more prevalent outside the U.S., but new opportunities may help American companies compete. 2m 50s
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