My choice of credit card is all about the rebates and incentives that card offers. There used to be an Apple Mastercard which gave rebate points, but was discontinued. Anyone remember that?
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Apple Negotiates Lower Transaction Fees With Credit Card Issuers for Mobile Payments Initiative
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Suica (and other cards/systems that are compatible with FeliCa) can be used for payments too.
That's true.
But outside of that controlled experiment... has anyone else hacked TouchID since almost a year ago?
What those guys did was impressive... but it took A LOT of work.
Let's not forget that it involved a carefully placed fingerprint on a clean glass... and many hours of work. Again... in a controlled environment.
I don't think TouchID has been hacked in the wild. And that's what the credit card companies are interested in.
Actually, you should cut a break here. There are any number of people who will chime in about how Apple was "so late to the NFC game," and that "Android has had it for years." The OP's statements pretty much trumped those.
We might not need a Capt. Obvious here but you'd be surprised how anti-Apple or just plain stupid commenters are when you throw them together in most forums that continually insist that Apple says they invented everything and their customers are idiotic sheep.
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Saying Touch ID was hacked is like saying iCloud was hacked. Just because you target a specific user and gain entry into a system does not mean that system is weak or any more vulnerable than any similar system in existence.
What? Too soon?
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You mean besides every single gas station in the U.S.?
Huh? I have not single a single gas station charging extra for credit card payment where I live. In my state - it's illegal for the business to impose credit card surcharge.
Here's the list (in Japanese) of places where you can use Suica for regular purchases:
http://www.jreast.co.jp/suica/area/shopping/machinaka.html
Stations
Convenience stores
Department stores
restaurants (mostly ones in the station building itself)
Supermarkets
Electronics chains
clothing chains
Pharmacy stores
Taxi
Car Rental
Car Parking
Note that Suica isn't NFC - it's an older standard that Sony invented.
In terms of operational distance, it's good up to a few centimeters compared to NFCs 1-2cm. So cruising through the station turnstiles is faster as you don't have to be so careful in placing the card (even still in your wallet) on the pickup.
Ladies even do it with the card inside their handbag by their side. As long as it's on the right side, it gets read. NFC won't work at that distance.
The SUICA maintains it's own balance, but when implemented in the phone or as a combined credit card, it can automatically trigger a top-up from the credit card when the balance goes low.
It's all pretty darn "benri" (useful), I can't think of anyway Apple could improve on that for the US - waiting for next week to find out.
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Probably thinking of Arco. Technically it's only on Debit cards, since they don't accept regular credit cards, only ones on their special gas charge card network.
Since most bank debit cards can be used on the Visa network as well, the distinction is vague.
http://www.arco.com/faq/
Also, chevron around here advertises two prices for gas - credit/debit and cash - the cash price is a discount.
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I'm sure the girl at the counter will wait for you while you pull out the camera and printer and attempt to duplicate that to buy your coffee. And she won't think anything shady is going on.
Also, you forgot to mention the glue and glycerin required, which are the actually important steps in the process. And the etching material and/or PCB. And the fingerprint powder. And all the equipment to treat the PCB.
I live and work and in NY and NJ so every single gas station clearly lists the 2 different prices. I haven't visited all 50 states but I've driven cross country and can't recall any states that didn't clearly state the price difference. Where do you live?
Also many restaurants in NY also give a discount for cash.
Sorry, no one is a better BS'er than me.
Instead of "digital camera and laser printer" which is incorrect, it should be "using a suitable fingerprint powder to carefully (and patiently) lift the print using fingerprint tape...then using image scanner, a laser printer, and a kit for etching PCBs. Plus a few hours and over a thousand dollars"
Here comes the iCredit... Apple's own "credit card" you get rewards points that you can use at your own choice through their apps. You can always use your own credit card as well with Apple's new payment system.
Meh, that'd be kind of cool anyways. Not going to happen though.
Meh, that'd be kind of cool anyways. Not going to happen though.
I live in Indiana and I've NEVER EVER seen gas stations advertise or charge separate cash and credit rates. Never seen it in any of the neighboring states either. Seems like a really odd and outdated practice. A pretty foreign idea for the Midwest anyway.
Sadly, I see this all over the place here in Northern NY. I never go to those gas stations though, seeing as they like to alienate customers.
With CC merchant rates of 3%-4% I'm surprised it's not more widespread. I've also done plenty of business online and over the phone where they stick me with a 3% credit card convenience fee at the end. It might not sound like much but when I make a $10k purchase, it adds up. Like a mini state tax.
Where are you getting the stigma that bitcoin = dodgy? Is that what the media tells you or what you've experienced for yourself? As more big businesses accept bitcoin, it will prove your assumption to be untrue.
It really depends on what types of stores you go to; some still get a lot of cash payments. But yes, we do need some help in getting a better way into the masses.
There's now a Barclay VISA card, I believe.
Well, just because you don't doesn't mean it doesn't exist. While some stations do charge a different rate for card vs. cash, most stations just eat the costs. The 1.75% to 2.9% is included in the charges, and it's not something consumers have to worry about. VISA, MC, AMEX and DISCOVER have done a great job running the campaigns to make you believe that paying by CC is the quickest, most secure way to go - and for every transaction, they get a piece of that. Now that Apple is jumping in the game, and reducing the rates for the small businesses, gas stations, etc. You can bet a horde of these small businesses will adopt to NFC or whatever the system will be required to get it setup. Having to pay less per transaction will quickly add up to savings for the merchants.
Suica is accepted by vending machines, taxis, and even some retail outlets. The difference is that it stores value, it really is like digital cash. It's not linked to a bank account.
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They don't have a surcharge for credit card payments.
They have a DISCOUNT for cash payments.
This is typically how they get around such things.
An economically meaningless distinction. The credit card companies were idiots for writing a "no surcharges" clause that allows it. Plenty of merchants violate that clause, and Visa/MC don't seem to do anything if you complain to them.
There's a local (Texas chain) liquor business that is very explicit about a discount for cash or debit card discount. I still pay by credit (somewhat begrudgingly). The discount exists nonetheless.
I think other commenters have been right, though, that the "credit card fee" has simply been spread across all payments, since it is "easier" and demotes unrest. We mostly mindlessly follow as sheep. Ad then there are those who think the delay helps them, while they mindlessly rack up interest payments....
Hmmm...I travel frequently between FL and NY and both places charge extra for credit card transactions (for fuel) in the gas stations I've been too frequently.
It makes sense that it could be a per business thing though I guess and not anything locally regulated.