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

[HiRez]

This isn't technically an in-app purchase per se like a boost for your game. This is for actual commerce. Yes we have always been able to buy games and apps with Touch ID. This is expanding that to physical purchases and allows for a more secure method of purchasing between you and, lets say, Target.

Oh, I see the difference now, thanks for the explanation. When I see "in-app purchase" I tend to just think of that as "game levels" or similar. But buying physical goods is different.

 

[FireCapt]

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.

I just used it to Buy lunch here at my favorite chinese food shop for lunch. worked nice. I wonder if it's because your in Switzerland.

 

[metsjetsfan]

a little confused so if u have an itunes gift card you purchased for 20% off at sams or costco does that mean it uses itunes credit if you buy an uber ride? obv the answer is no i assume

will be interesting because the difference bw apple pay and in app purchase is 30% take vs less than a penny.

 

[jermwhl]

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!

Chase said they could see the transaction and it showed that is was approved from their end. Hopefully this isn't a sign of issues with Apple Pay declining transactions that were approved! He said the transaction was only "pending" and that it would fall off. So, unofficially, it looks like Apple Pay DOES work outside with U.S. with an American credit card, albeit possibly something to iron out with transactions being declined on one end and approved on the other

I forgot to mention, Chase DID state the card was on a security hold from a week ago, so that is also another possibility of the decline on Apple Pay, although it was still approved via the physical card swipe....which is why I'm still somewhat confused.
Now that the fraud alert it cleared, I will try again at Starbucks tomorrow (pretty sure they have NFC terminals there too).

 

[wesk702]

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...

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

You're right, it's per transaction. Thanks for the edit

 

[MyopicPaideia]

Chase said they could see the transaction and it showed that is was approved from their end. Hopefully this isn't a sign of issues with Apple Pay declining transactions that were approved! He said the transaction was only "pending" and that it would fall off. So, unofficially, it looks like Apple Pay DOES work outside with U.S. with an American credit card, albeit possibly something to iron out with transactions being declined on one end and approved on the other

I forgot to mention, Chase DID state the card was on a security hold from a week ago, so that is also another possibility of the decline on Apple Pay, although it was still approved via the physical card swipe....which is why I'm still somewhat confused.
Now that the fraud alert it cleared, I will try again at Starbucks tomorrow (pretty sure they have NFC terminals there too).

Thanks for that! Look forward to your report back on your first successful payment!

 

[mrbib]

Bitcoin is rubbish. People spend lots of money on electricity and for some reason that is supposed to create a currency. Utter nonsense.

I fully agree with you that spending money on electricity (bitcoin mining) is total nonsense. But it was their idea of issuing out the bitcoins in the beginning. This is getting harder to do until they reach 21Mil coins.

As a form of payment a virtual currency does make a lot of sense, especially in countries with a volatile banking system. It will never overtake traditional currency but large companies like Overstock, Expedia, Newegg & Dell are accepting bitcoins through companies like coinbase and bitpay.

I just think this is a logical step for a secure digital payment platform like ApplePay within the next few years. This is unless the banks and credit card companies are contractually baring Apple from doing so.

 

[jermwhl]

I just used it to Buy lunch here at my favorite chinese food shop for lunch. worked nice. I wonder if it's because your in Switzerland.

Do you also live outside of the U.S.?