Apple Expecting In-App Purchases to Make Up Most of Early Apple Pay Activity

[jweinraub]

To all those refreshing... I don't think Apple ever puts out any updates other than at around 9-10am Cupertino time.

Of course. During my lunch time where I won't have wifi. I don't see why I even need wifi to do the update anyway.

 

[HenryDJP]

Of course. During my lunch time where I won't have wifi. I don't see why I even need wifi to do the update anyway.

I wasn't aware you couldn't use cellular service for updates but it's probably too big of a file for cellular anyway and would eat up data.

 

[ptb42]

No corporate cards?

I have two: one that I use frequently for business travel, and another for my own small business that I don't carry unless I plan to use it.

I was planning on loading both into my Passbook.

 

[AppleDude]

No Conflict Here

I wish Apple did not have iAd, its an obvious conflict of interest to the users privacy desires long term - and in the end people move on and the lure of additional money always wins.

Hmm. If money lures people to providing private information, it seems everybody wins. Is it a conflict of interest if Apple is providing its customers what they want?

 

[IJ Reilly]

While the company's mobile payments solution will also allow shoppers to physically buy items in-store using their iPhones,

What about people who buy their items metaphysically?

 

[Crusoe]

What about people who buy their items metaphysically?

They Kant.

 

[darkslide29]

Of course. During my lunch time where I won't have wifi. I don't see why I even need wifi to do the update anyway.

8.0.1 and 8.0.2 were fairly small updates, under 50MB, that could be downloaded with cellular just fine (no wifi needed). But 8.1 might be a hefty update. I haven't paid attention to developers testing it having said what the size is. And I also don't remember what the limit is nowadays for cellular download limits (I think around 100 MB). So, there's a chance.

That being said, had you rushed to download 8.0.1 last time, you would have been screwed over since it made it so that phones could no longer work as phones! Luckily that was only available for about half an hour or so.

 

[kkillam]

They Kant.

Brilliant!

 

[wesk702]

I assume that Apple will still get their 30%?

Will Apple take a cut from physical in-app purchase? eg, an app that allow the user to select and buy clothes that are then paid for using Apple Pay.

They get .0015 cents on every dollar transaction. If this becomes a standard in a few years, it could be insane.

 

[keterboy]

Watch lacks Touch ID, but has NFC. How did Apple get banks and such to agree to that? I thought Touch ID was one of the reasons Pay was more secure.

They figured out a way that which makes Watch know when you take it off your wrist, and when you put it back on you have to enter your pin, making you eligible to use it to purchase at a POS. Dont remember where i read that article tho...

----------

They get .0015 cents on every dollar transaction. If this becomes a standard in a few years, it could be insane.

I remember reading its 0.15%, and not of the size of the transaction but of whatever the banks charge is for each transaction.

 

[ptb42]

sooo uhhh i wont be able to use this since my bank is not on the list? am i correct ? even though i have a visa if my bank is not on the support list for apple pay i wont be able to use it?

That's correct. The EMV tokenization standard implemented by Pay requires changes on the backend at the issuing bank.

Are you new here? This has been discussed ad nauseum on every thread about Pay.

 

[alvaroe16]

They get .0015 cents on every dollar transaction. If this becomes a standard in a few years, it could be insane.

Wow... it would be insane. Nielsen Report is expecting the us to make $7 Trillions from purchases by credit cards in 2017. If all of those are made with apple pay that would be 10Billion dollars.... even 25% of the purchases is 2.5billions dollars of revenue for apple.

Crazy.

 

[ptb42]

How will Apple Pay work in restaurants and other places where you would normally leave a tip?

Server brings a wireless NFC device to your table?

In Europe, Latin America, and just about every region EXCEPT the US, the server does bring a wireless device to your table. It's required to enter a PIN.

The US will eventually get there, but it will take a while. Until then, it's unlikely you can use Pay at a full-service restaurant.

 

[agsystems]

Looking forward to seeing how 8.1 is (will wait to see what others say before applying) and how this works.

"Apple is also said to be working in iAd's new retargeting feature with Apple Pay, which would allow retailers to push targeted ads with buy buttons to users. Apple is expected to integrate Apple Pay with iAd by the end of this year."

This seems a very slippery slope that Apple is stepping into here as they'll be able to serve more valuable/targeted iAd's by knowing/spying more about you and eventually (5-10 years) you get to Google one small step at a time (do they keep the Spotlight & web searches via Spotlight that are currently sent back to Apple long term as that would make iAd targeting better?).

I wish Apple did not have iAd, its an obvious conflict of interest to the users privacy desires long term - and in the end people move on and the lure of additional money always wins. JMHO...

If you don't click on the IAd - how would that affect you?

Unless I am missing something.

 

[BruiserB]

How will Apple Pay work in restaurants and other places where you would normally leave a tip?

Server brings a wireless NFC device to your table?

Does Apple Pay allow you to add a tip for participating merchants from within the Passbook App?

Anyone know?

Open Table was shown as an app where if you make your restaurant reservation through Open Table and the restaurant supports it, you will be able to add tip and use ApplePay through the app. It's not known how it will work for paying restaurants directly, but I'm guessing it may work the way it works overseas with many restaurants that use the Chip/PIN/Signature technology. Often times you write the tip on the itemized bill the server brings you, then the server enters and totals the amount in the terminal before the card transaction takes place.

----------

My theory is, it WILL work. I plan on testing it today (or possibly tomorrow), since there are tons of NFC terminals here in Switzerland.

Please let us know....have been curious about this as well. Do foreign issued "Tap and Pay" RFID cards normally work outside their home country? If so, then I would expect Apple Pay to work as it should just appear as a US issued card. However if foreign transactions somehow trigger a "swipe or insert chip card" protocol, then I would expect it won't work. Also do you need a live data connection for the transaction to work? If you are overseas and have international roaming for data off, would that stop the transaction?

----------

No corporate cards?

I have two: one that I use frequently for business travel, and another for my own small business that I don't carry unless I plan to use it.

I was planning on loading both into my Passbook.

I think corporate cards are different than business cards. The first being what large corporations give out to employees and the latter being what an individual small business owner might have. Sounds like the corporate one may be held back, but that doesn't necessarily mean the business one will be.

I know corporate cards are somehow coded differently because at some retailers I get asked if I have a PO or other reference number I want to include in the transaction....this doesn't happen if a personal card is used at the same retailer (example: Home Depot).

 

[mdelvecchio]

Oh you know Apple can't wait til the next keynote to give their opening overview to talk about how many times/how much money has been charged with Apple Pay. And no matter the number, say the reception has been absolutely incredible and that customers love it.

er, no. they say those things, because they're true. the insane number of customers loving what they offer is why apple is the biggest, most successful company in the history of the human race.

 

[Mashurrab]

So no iPad Air 1 support?

It requires Touch ID

----------

Children + touch ID + in-apply purchase = ? I hope Apple has considered this situation.

They did and the answer was family share

----------

Already refreshed the iOS software update page several times #

Me too#

 

[jermwhl]

Downloading now! 180MB.

 

[FireCapt]

Downloading now! 180MB.

OTA download for now, not on Itunes I'm showing 127mb??

 

[samiznaetekto]

It should be huge. Like Ping.

 

[IJ Reilly]

They Kant.

They need to use their Apple id. And if that doesn't work, their Apple ego.

 

[jermwhl]

So I attempted to use apple pay here in Switzerland. The charge was declined (twice). And subsequently approved with the physical card. I think it's more of a precaution on chase's part and hopefully they will approve future purchases after I give them a call.

 

[nathan.l.larsen]

Apple's website does not mention anything about support for Apple Pay in the iPhone 5s.

https://www.apple.com/apple-pay/

Check the bottom chart.

 

[MyopicPaideia]

So I attempted to use apple pay here in Switzerland. The charge was declined (twice). And subsequently approved with the physical card. I think it's more of a precaution on chase's part and hopefully they will approve future purchases after I give them a call.

Looking forward to hearing if you can get it up and running. It should work, there is no technical reason it shouldn't. Only if, as mentioned, the foreign card triggers a swipe or chip protocol as a precaution. Let us know what Chase says!

 

[andy9l]

Can you actually use your fingerprint to buy apps now? When I had my 5s it asked me for my password 9 times out of 10, giving some excuse as to why I could use a fingerprint.

Granted, I only download a new app once every few months. Is that the reason?