So how exactly does the chip make internet transactions more secure? Please enlighten all of us oh knowledgeable one.
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Apple Pay Now Available in 10 Countries Following Russia Launch
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So how exactly does the chip make internet transactions more secure? Please enlighten all of us oh knowledgeable one.
88 major retailers. There are a whole lot of smaller ones that just use whatever their merchant processor gives them that won't ever go onto Apple's website (but do show up in e.g. Maps).
As long as Bank-Cards (former EC-Card/Maestro/V-Pay) charge less fees than VISA, Master and Amex credit cards and are safer with the current chip and pin system Apple will have a tough standing point negotiating. What benefit could Apple offer a german bank in Apple Pay? What financial benefit will the merchants have? The merchants already pay close to nothing in fees with the Bank-Cards compared to the 2 to 3 % credit cards charge them.
Only convenience for the customer will be better with Apple Pay, so go ask your bank. If your bank sees that people want Apple Pay then they will give in eventually.
I would love to see an app or something that can be placed on the phone to let you know when you are near apple pay supporting vendors. I think that would be incredibly useful. Attach to the notification screen and trigger when within 500 ft or something.
- So that website probably only pertains to the US. But I'm quite sure there are more than a million different businesses in Europe that accept Apple Pay. Don't know about the US, but I agree with you that the text implies a million businesses, not a million individual locations of some other number of businesses.
Source please.
Here I never had a problem with it, if you have a source claiming what you said please provide a link/source.
You can use Apple Pay anywhere you see an NFC symbol, even if the retailer doesn't know it. Only large corporate retailers have the means to go out of their way to block Apple Pay. Nobody knows what Apple Pay is in Poland, but you can use it absolutely everywhere because they pretty much have universal NFC terminals.
If Apple Pay is limited in most of the US economy, it's because NFC is still rolling out.
The only true boo-boo is sit down restaurants. No terminals at the table, or portable terminals for waiters, so...kind of not going to happen until that changes.
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Apple Maps will display that info in the retailer detail view. It's not needed though. Any place that has NFC will take Apple Pay even if they don't know it.
Still not available here in Ireland 
Contactless debit and credit cards have been around quite awhile so there's plenty of retailers able to accept NFC payments so I dunno what's holding it up here.
RBS/Ulster Bank was a launch partner in the U.K. and Ulster Bank would be one of the big 4 in Ireland but still no word on when it will be available here.
Contactless debit and credit cards have been around quite awhile so there's plenty of retailers able to accept NFC payments so I dunno what's holding it up here.
RBS/Ulster Bank was a launch partner in the U.K. and Ulster Bank would be one of the big 4 in Ireland but still no word on when it will be available here.
I think you'll find it isn't Apple but the banks in those countries who resist letting another company make money from a secure payments system. Most banks make huge profits from these transactions and are too greedy to share them when a better more secure system exists.
I am at the business side of retail. The fees are not capped. At least not what the merchants pay. Of course the terminal provider, the bank and the CC company split the 2-3 % between themselves. But the fees exist.
Believe me, the cheapest form for a merchant to accept payments in Germany is to use a chip and pin terminal provided by the bank and they will charge the merchant 0,3% for German Girocard and 0,95% for international Maestro cards. Visa, Master and Diners will cost him 2% and Amex 3%. Handling cash (cost for ordering, delivering and handling change and small notes and cost for pick up and processing of big notes as well as the occasional counterfeits) will cost around 1% to 1,5% (depending on the size of the business) so all of our retailers prefer the Girocard.
There is absolutely no room for Apple to get a cut out of the already thin 0,3%. So my guess is that Apple will had a hard time to get a good deal and get the banks on board in Germany since I don't see what they can offer. Its up to the customers to demand Apple Pay from their banks.
I paid with Apple Pay yesterday in Barcelona. Just a tallat but it went through. I'm no longer there but you may want to try it out and report back.
I have Apple Pay in my area and I can't say I'm unhappy with it. But I can't say I'm thrilled with it either. My biggest complaint is the lack of places to use it, locally. None of the bigger box stores (Target, Wal-Mart, etc) accept it---side note: Target is why I was interested in the first place. Their data hacks made me have to replace my credit card 3 times--and most significant online stores have no plans to start using it even though Apple Pay is now supposed to support web payments.
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You're kidding right?
Well if not here's a short primer that also highlights the American shortfall with how chip cards are being implemented:http://www.huffingtonpost.com/creditcardscom/the-dirty-little-secret-y_b_5572081.html
Edit. Ok, I'm an idiot. You said internet transactions. No chip advantage there at all.
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You're kidding right?
Well if not here's a short primer that also highlights the American shortfall with how chip cards are being implemented:http://www.huffingtonpost.com/creditcardscom/the-dirty-little-secret-y_b_5572081.html
Edit. Ok, I'm an idiot. You said internet transactions. No chip advantage there at all.
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Ditto with Android Pay, which I have also been using. The only shop that made a point of refusing Android Pay (but not Apple Pay) was a branch of a large sports clothing and equipment retailer (Decathlon). So, of course, I had to try it at the self-service till. Caused the whole thing to crash and reboot. Seemed like an attention seeking overreaction to me. An error message would have sufficed.
It is his job. Cook is a professional CEO, not a professional gay. To put it bluntly, his job is to increase the value of the shareholders holdings and not bring happiness and light to the LGBTQXYZetc community. If he can combine the two, all well and good but his priorities are decided for him by his position and if he is going to have to favour one side at the expense of the other, there is only going to be one winner.
Pecunia non olet.
Im with HSBC, who have rolled out Apple Pay in Hong Kong, but not in Australia