...Most Popular at Whole Foods
Why am I not surprised???
(says the guy who refuses to wear a beard... Think Different...)
...Most Popular at Whole Foods
That wouldn't make much sense, given that they can't see your name when you pay with Apple Pay ...Question for those who've used Apple Pay already: do vendors ask for any type of proof of ID like they do, sometimes, when you use your standard credit card?
You guys need to fix your tablets if they don't know the word "apple". I think it was pretty common before 1975.Typing on a tablet that likes to *fix* my spelling. Or try.
Well Whole Foods was one of the first adopters, and as far as I saw, one of the only stores where it was available at launch. But I get your point. I can't wait for the Apple Watch so I can buy ridiculously overpriced food using the ridiculously overpriced accessory to my ridiculously overpriced phone. Technology!
Interestingly, CVS has it now, but for some reason I have to physically tap the phone to their reader, whereas at Whole Foods I can just float it around the reader. Wish it were more uniformly implemented.
That the stores that blocked Pay didnt relent and remove the block during the Christmas shopping season is a pretty strong indicator that they have been convinced to forgoe a short term loss of revenue in order to gain a long term financial benefit by forcing currentC on their customers.
Dont get it, paying with contactless card must be as fast as paying with apple pay...
Okay, I see the difference. But if a credit card is stolen, the "pin" (i.e., signature) is written on the back of it. The thief just needs to copy that in a semi plausible manner and then they are verified. But stealing phone and pin to that phone is really hard and is unlikely to happen. The touch ID verifies that you are the owner of the phone. Now, you can probably store a stolen credit card into the Apple Phone. Though I can imagine that a thief wouldn't want to do that as the phone would be more easily tracked than the stolen card.
I never really understood why we didn't have our pictures on credit cards. That seemed like something that was going to happen and then it just didn't take off.
Whole Foods quality of food is a lot better. Hence the extra money.
If you want good quality food, you pay a premium.
Same with Apple products over anyone else. you pay a premium, but get a way better product.
TouchID is neither a signature nor a card PIN replacement.
It is a convenient shortcut for the phone unlock PIN.
The fingerprint sensor hasn't verified anything, except that it matched the last person with access to the phone and its unlock PIN, who registered a finger.
If they wanted to be super secure, they'd ask for photo id... as well as an instant photo of the purchaser that could be stored to prove a match
But that's not their goal. The goal is speedy checkouts, which encourage more buying, and that's how everyone makes money.
Moreover, if it was totally secure and payment was assured, then there'd be no need for banks to charge fees. But again, such perfection is definitely not their purpose in life. The CC companies exist to charge for mitigating the risk of payment.
You were not verified with a fingerprint that was stored on the phone, because the merchant... just as with your signature example... did not compare the fingerprint to your actual finger.
There is a coming standard for fingerprint authentication for EMV payments, but it would require the fingerprint to be taken at a bank and stored with your other account info at the bank. Any print authentication would be compared to the data on file. That's the only way to be sure the finger on the device sensor at the time of purchase is really yours.
Do you see the difference? An on-device fingerprint can be changed by anyone who steals your phone and knows your PIN, ergo it is only as secure as your device PIN. That's why Google Wallet and the Apple Watch only need a device PIN to activate the purchase app.
TouchID is more about making spending convenient, while making the user feel more secure.
What you say is true but ignores the real utility of Apple Pay. When using AP, none of your payment data is placed on the merchant's servers and so cannot be hacked (as has been happening with alarming frequency).
What you say is true but ignores the real utility of Apple Pay. When using AP, none of your payment data is placed on the merchant's servers and so cannot be hacked (as has been happening with alarming frequency).
"Most Popular at Whole Foods"
Stereotypes FTW!
Every time I read about another retailer hack I am convinced Apple Pay is gonna be huge.
Sadly it will take time to roll out. I've had my 6 Plus for over a month and have not been able to use it yet. Tried in a McDonalds drive-thru once but abandoned the idea when I got worried about dropping my phone while trying to hold a 6 Plus out the window and place my thumb on the sensor at the same time. The whole exercise was way too awkward.
Tried another time at a major retail store but the terminal was glitching out.
Eventually I'll get to use this, but in my area the great majority of retailers are using older payment terminals still.
What?!?And now, it makes up 4% of the phone market.
Did you really feel the need to take Google into the discussion?A couple of interesting numbers from that report:
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1/3 (33%) of Apple Pay purchases were at Walgreens, McDonald's and Subway.
Were those purchases just people just trying it out, or is that's really where Apply Pay users shop most of the time?
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Google Wallet accounted for 4% of digital payment dollars for the same month.
Very few people that I've seen have cards that don't require a swipe. Or even if they do, they don't realize it. Then they still have to sign, hit accept, etc. Obviously this only takes seconds, but after using the ease of Apple Pay, this seems interminable.
One of my mom's old credit cards had a photo of her on the front. I believe it was MasterCard. That was a long time ago. Either mid 90's or early 2000's.
The real advantage of Apple Pay is that none of your payment data is available to the merchants and stored on their servers, so it cannot be hacked.
Oh yeah... I know why they are doing it... I just don't think it will turn out well for them.
CurrentC is a clunky system that uses QR Codes. WTF?
That might have been fine if NFC solutions like Google Wallet and ApplePay didn't exist. But considering CurrentC hasn't even fully launched yet and they are already touting less-sophisticated technology... I don't see it being popular.
You say stores will stick with CurrentC for the long-term... but some people have stopped shopping at CVS because they don't offer ApplePay or Google Wallet. Those people aren't coming back. That's a problem for the stores.
Creating a situation where people do not shop in your store cannot lead to long-term financial gain.
So getting back the the earlier topic... I predict CVS will support ApplePay and Google Wallet again someday. Hopefully sooner than later for their sake.
Right now the folks not shopping at CVS is probably so minimal it is meaningless. But Apple has something like 42% of the U.S. smartphone market share and growing. All of Apple's new phones will have Apple Pay going forward. Factor in that Apple's 42% is much more affluent than Android's 52% and soon too many consumer, with too large wallets, will have Apple Pay to ignore.
So I doubt the effect is noticeable now. It is too much hassle to go out of your way in order to use a slightly easier payment scheme. But once most of the customers have Apple Pay (weighted by their spending ability), then stores will support it. The complaints will be too much to ignore. It just hasn't happened yet. I suspect that this tipping point will be toward the end of 2015. If that isn't actually reached by then the trend will still be so large that it will be obvious to everyone that it is inevitable. The U.S. just needs one more round of upgrades to get the 5s users (and the thrifty 4s and 5 who don't do early upgrade) into Apple Pay. Then it will be too large an audience to ignore.
Apple Watch may also add Apple Pay users as it will give that purchasing ability to 5 and 5s users, I think.
Sure... CVS might not notice the effect now... but they will.
That's why I said "someday" CVS will offer ApplePay. If they don't... they're crazy.
The reasons you describe are exactly why a store would want to support ApplePay... not shut them out.
Two months ago nobody could use ApplePay. But you're right... from now on every new iPhone will have it. It's gonna be big. I'd say it's one of the biggest things Apple has ever introduced.
And the longer a store does not offer ApplePay... the worse it's gonna get for them.
I'd love to check back in 12 months to see CVS' stance on ApplePay. If they still don't support ApplePay by then... I guarantee the money lost by not offering ApplePay will be far greater than any money gained by using CurrentC.
While I see your point about waiting for the tipping point... some stores are already offering ApplePay. They didn't wait at all. They'll have quite a headstart.