No need for future tense. I am using my card.
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I imagine that would be a foolish move and would only move more retailers to the consortium.
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CVS Stores Reportedly Disabling NFC to Shut Down Apple Pay and Google Wallet
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No need for future tense. I am using my card.
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I imagine that would be a foolish move and would only move more retailers to the consortium.
And this:
"If Im reading this right, and I think I am, these retailers who are shutting down their NFC payment systems are validating that Apple Pay is actually working, that people are actually using it. And remember, it only works with the month-old iPhones 6. Think about what happens a year or two from now when a majority of iPhones in use are Apple Pay enabled.
Think about what theyre doing. Theyre turning off NFC payment systems the whole thing only because people were actually using them with Apple Pay. Apple Pay works so well that it even works with non-partner systems. These things have been installed for years and so few people used them, apparently, that these retailers would rather block everyone than allow Apple Pay to continue working. I cant imagine a better validation of Apple Pays appeal.
And the reason they dont want to allow Apple Pay is because Apple Pay doesnt give them any personal information about the customer. Its not about security Apple Pay is far more secure than any credit/debit card system in the U.S. Its not about money Apples tiny slice of the transaction comes from the banks, not the merchants. Its about data.
Theyre doing this so they can pursue a system that is less secure (third-party apps dont have access to the secure element where Apple Pay stores your credit card data, for one thing), less convenient (QR codes?), and not private.
I dont know that CVS and Rite Aid disabling Apple Pay out of spite is going to drive customers to switch pharmacies (Walgreens is an Apple Pay partner), but I do know that CurrentC is unlikely to ever gain any traction whatsoever."
Okay guys I'm getting confused, I need a list of all the companies we hate.
We hate
Samsung
Google
Microsoft
Bose
CVS
Who else, I can't keep up.
I forgot U2
We hate
Samsung
Microsoft
Bose
CVS
Who else, I can't keep up.
I forgot U2
If I were to guess, it would be cost. Instead of just having to pay Visa or Mastercard, they now also have a fee to pay Apple or Google.
A lot of retailers don't take American Express, not because they don't want to "stop money", but it's part cost of allowing them and how long it takes for AMEX to pay them.
Ok - so? It should be obvious that it would mostly affect Apple users since they can't side load unless jailbroken. Further - CurrenC could just use a web app.
On the flip side - Apple and google could work with CurrenC and demand a percentage of any transaction made through the network. But I doubt that's going to happen.
Target because they got hacked
Walmart because they got hacked
Best Buy because they got hacked
As already stated, the banks cover the fees, if any, not the merchants.
Recap:
- Banks are on-board as NFC with TouchID and tokenization is [currently] the most secure system available and will save them money long term by not having to re-issue cards, cover fraudulent transactions, etc.
- MCX and participating merchants sell consumer data to marketers (retailers get a cut), something that cannot be done with anonymous tokenization Apple Pay transactions
I'm sure I'm forgetting more, but that's the gist of it.
See what I mean, how can one possibly keep up without a list. This is good stuff.
you going to explain to my mom how to jailbreak or create a web app? good luck...
create a web app?
You don't create a web app. You go to a website address.
Regardless - it's possible that your mom will just have to use a credit card or cash. OH NO!
Skipped part where something you said about jailbreaking, side loading, something.
Let me turn on my phone, open the web, wait it for load, then do all the additional processes CurrentC wants me to do...
On the flip side- CVC could have continued to allowed NFC payments which have worked on Google Wallet for a long time. iPhone users have just gotten NFC, I know some Android friends that are pissed that stores are not allowing their Galaxy, Nexus, and HTCs to accept Google Wallet.
Have you ever been to any major retailer? If you have, you have seen a POS with that option. There is a slot on the bottom of the card scanner.
Right now, not sure if it's every Walmart but all local ones around me force use if the card has the chip.
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Fees roll down to everyone. They aren't directly paying, but they are paying.
I admit to not realizing the benefit of NFC until well after Google introduced Google Wallet. But I can admit my mistake, and see that Google was right all along to support NFC technology.
Of course, now that Apple is using NFC, it doesn't matter anymore. Inexplicably, plain old magnetic stripe credit cards are perfectly fine again, and anybody wanting to use NFC is a fanboy. I doubt people will admit that their sudden change of heart has to do with their hatred of Apple.
Doesn't matter what CurrentC is about and who is behind it. They're going against Apple, and that's good enough for the people around here!
Actually she quite good in using the debit card. The credit card is for emergencies. She will read about CurrentC and ask about it and we expound on its evils.
And yes, you can still create a web app to put on the Home page. I have 3-4 for websites I frequent on a daily basis.
Yes, it does matter they are about and who is behind it. I don't give a crap if they are going against Apple. It is anti-consumer. Apple just happens to be involved.