Worrying about your kids using your credit card I sort of understand. But you worry about your wife doing it? That's a bit messed up.
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Apple Announces 'Apple Pay' Mobile Payment Solution, Enabled at Over 220,000 U.S. Merchants
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Worrying about your kids using your credit card I sort of understand. But you worry about your wife doing it? That's a bit messed up.
Yes and that idea of credit meaning you're poor is a bizarre European behaviour just like Americans have bizarre behaviour. I buy on credit for the consumer protections the credit networks offer not to borrow money.
Credit Cards in the United States doesn't always mean you don't have money, see the: American Express Centurion Card.
They are for convenience, rewards, and many other reasons to have a credit card, not just because you don't have money.
Many, in fact use credit cards like debit cards, just pay back the card in full or almost full every month.
The Centurion isn't a credit card. But regardless yes there are many good reasons to use credit cards. They apply in Europe too...
The Centurion is a Credit Card! At least in the United States, In what way is the Centurion is not a credit card? It surely isn't a debit card.
No, it's not a credit card or a debit card. It is a charge card. Meaning it is only a temporary balance account for the month that must be paid in full at the end of each month and then you start over. Similar to having a purchasing account with a supplier.
P.S. if my explanation makes no sense, here is theirs - https://www.americanexpress.com/uk/content/charge-cards/
They FINALLY responded after 5-6 emails and it was basically the equivalent of "Ok, here yo money".
Which now takes 5-15 business days to refund. I will never help that company out again. I get that it was basically a kickstarter, but a bad one. Don't EVER make promises when you have people backing you, cause they will expect you to deliver.
They could have just said "Yeah, you'll get one but we have no idea when".
Shorten the Lines- Use NFC and Apple Pay or Google Wallet
I don't care if Google Wallet had NFC on Android first.
Apple is likely to make NFC popular and used by the average Joe and Jane because it will be user friendly.
We all should be pleased this is going to happen because the lines at checkout can only get shorter with quicker payments if more people use NFC, Google Wallet or Apple Pay, who cares.
Competition between phones only makes technology better in the long run.
I don't care if Google Wallet had NFC on Android first.
Apple is likely to make NFC popular and used by the average Joe and Jane because it will be user friendly.
We all should be pleased this is going to happen because the lines at checkout can only get shorter with quicker payments if more people use NFC, Google Wallet or Apple Pay, who cares.
Competition between phones only makes technology better in the long run.
There certainly are lots of good reasons. Besides, there are always some people who lie and claim they buy everything cash, never use credit, blah blah blah. Yeah right. Good for them. Whatever.
Because the timing is right for US now that they are in the middle of rolling out all the chipped card. Note the sweet deal that Apple strike with merchants, card processing companies and credit card companies. The terminal is just one considerations. The business has to sign up using that first. And US has one of the highest concentration of Iphone users (behind Japan), so it will be one that Apple has the strongest negotiation position. Look for Japan to be the next Apple pay roll out country, then may be Germany, UK etc.. You have to have enough Iphone 6 and 6+ users for the merchant/CC/card processing companies to sign up for Apple pay.
There certainly are lots of good reasons. Besides, there are always some people who lie and claim they buy everything cash, never use credit, blah blah blah. Yeah right. Good for them. Whatever.
I know people who do. It's silly, but they do.
When Tim began thePay announcement, he stated that others have tried to do it but failed because they put their interests first, not the consumers. So is Apple is more interested in helping the consumer or in their cut of the transaction fees and selling more hardware?
I think it's that Apple isn't even asking for information on the consumers or their purchases. This is a big difference. Google is an information aggregator. They WANT that information. They feed off of that information. But Apple is just in the business of selling hardware, so they couldn't care less. I think Tim made this point in his recent Charlie Rose interview. And so they'll make their small cut from Apple Pay, but as you can see, their partners are much more willing to adopt this technology than the technology of others. They don't feel like Apple's competing with them at all. Apple's view is that this will drive adoption of the standard which will then drive adoption of the hardware.
While apple will push nfc farther then its ever been with out question... Those 220000 nfc terminals are merchants that already take nfc which seems to overlooked by most.. Apple pay is accepted where nfc is because its nfc.. 220000 didn't just magically appear..they are the same merchants that were always on board.
The credit card companies have been collecting and using our personal info for decades, and will continue to do so even with Apple Pay. It's one of the things they like about the deal.
What the credit card companies monitor about us over and above our purchase history, is beyond creepy, although admittedly clever:
What the credit card companies monitor about us over and above our purchase history, is beyond creepy, although admittedly clever:
The banks aren't going to win here, Apple will patiently wait while the banks loose customers to ANZ. This is a tech that gets used everyday so people will move for it.
That isn't the reason why the banks will lose however. Apple is in these negotiations world wide. Giving into Aus banks would be a huge loss for them in rest of their negotiations world wide.
That isn't the reason why the banks will lose however. Apple is in these negotiations world wide. Giving into Aus banks would be a huge loss for them in rest of their negotiations world wide.
Most of our bank cards already have pay pass, available basically everywhere. Their isn't a huge demand I reckon in Australia, certainly not enough to switch your banks. People are more interested in interest rates, atm fees, bank fees etc (you know, the important stuff?????) as apposed to Apple Pay. So get real.
Which are all about the same, so for a service that informs me when a transaction occurs on my card there is real value there. I'd agree most people aren't going to rush out and change their bank the lock in on a home loan is huge and next to nothing will override that, but for those that don't have such lock in I think there will be enough traction to cause concern.