I might be wrong of course but Im pretty sure that Ive used cash on eBay. Im also pretty sure that I have two credit cards on file with PP and NO bank accounts at all.
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Apple, Paypal Talks Over Apple Pay Soured Due to Samsung Deal
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I might be wrong of course but Im pretty sure that Ive used cash on eBay. Im also pretty sure that I have two credit cards on file with PP and NO bank accounts at all.
Where might I insert cash into my computer to pay using eBay?
Still, PayPal offers virtually ZERO protection against bad or fraudulent merchants. I figure if a seller cannot qualify for a merchant bank account, they probably should be dealt with strictly in person.
Why? Competition is good for consumers. If Apple ends up being the only digital pay game in town then guess what? Ya think the fees will go up? Ya think the quality might go down? Who's gonna get stuck paying for it?
PayPal are owned by eBay. Are Apple going to buy eBay too? Over an ePayment system that has existed for years?
Apple should just unrestrict NFC so it can be used by all apps. So anybody wanting to use PayPal for NFC payments they can do through the app like on any other phone with NFC out there. Otherwise it seems like PayPal aren't interested in playing ball with Apple. Or Apple aren't interested in playing ball with PayPal.
I guess we'll see what comes out of this. But I don't understand for the life in me why Apple is trying to 'reinvent' something that has been about for a good few years now. NFC payments aren't new and the rest of the industry already has their way of doing it.
visa, MasterCard and Amex are requiring NFC pos by mid 2015, they are backing
Pay not google wallet!!! Google played their hand.----------
the current implementation of NFC payments is horrendous, this is why visa MasterCard and Amex are on board with
Payvisa, MasterCard and Amex are requiring NFC pos by mid 2015, they are backing
Visa, Mastercard and Amex are actually not backing Apple Pay over Google Wallet since they both are using exactly the same standard (both support Visa payWave and Mastercard PayPass terminals).
"Combining the trust, scale and security of Visa payments with Apple Pay will accelerate adoption of mobile payments," said Charlie Scharf, Chief Executive Officer, Visa Inc. "We said from the beginning that token services would provide great new consumer and merchant experiences, and you're seeing it today in our efforts with Apple, and there's more to come."
Misleading, what people keep saying is tokenized like its something new or apples invention, apple is going to indeed push nfc farther than before but, all the payment systems are tokenized including Google, and walmarts new system. Its fine to love apple. Not fine to make stuff up because you don't like other companies. Their nfc is simply nfc its not going to change nfc, people can still use android devices and windows devices. Tokenized nfc is not new what apple did was just replace a pin with a thumb print and that's it. When using nfc no matter which company you use its secure and the merchants don't see your info. Apple pay will be adopted but it won't do away with other companies nfc use.
Master card is working with google wallet as well, not sure about amex or visa. Apple pay is different from google wallet in a sense that one doesn't require to have an apple pay account with all the credit cards registered with apple. Its device specific, so we can load up our cards on our device and don't really require to sign up for anything or store our data in yet another cloud like paypal or google wallet.
PayPal will soon no longer be owned by Ebay, it's being spun off into its own company.
And probably next year Apple will open up NFC for a variety of uses, just like it took a year to open up TouchID.
Time will reveal all.
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Ain't that the truth.
And probably next year Apple will open up NFC for a variety of uses, just like it took a year to open up TouchID.
Time will reveal all.
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Ain't that the truth.
visa, MasterCard American Express, Chase, Bank of America, Wells Fargo, citi, ect. Are making it a big deal.
http://newsroom.mastercard.com/2014/09/15/embedding-best-technology-apple-pay-digital-transactions/
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I do not see them promoting it. Got to the MC web site and you immediately hit with a
logo
visa, MasterCard and Amex are requiring NFC pos by mid 2015, they are backing
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the current implementation of NFC payments is horrendous, this is why visa MasterCard and Amex are on board with
So anyone who doesn't use NFC via iPhone they won't do business with? I find that difficult to believe.
the current implementation of NFC payments is horrendous, this is why visa MasterCard and Amex are on board with
As a user of it on a regular basis, I don't see what is so horrible about the 'current implementation.' You turn on NFC, swipe and then confirm amount. It's really easy. What is so hard about it and what have Apple done that is so much better exactly?
Exactly right...its not going to change anything. Its going to work the same. Walk up use your phone, use your thumb done, next guy walks up uses his pin done.As a user of it on a regular basis, I don't see what is so horrible about the 'current implementation.' You turn on NFC, swipe and then confirm amount. It's really easy. What is so hard about it and what have Apple done that is so much better exactly?
visa, MasterCard American Express, Chase, Bank of America, Wells Fargo, citi, ect. Are making it a big deal.
http://newsroom.mastercard.com/2014/09/15/embedding-best-technology-apple-pay-digital-transactions/
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I do not see them promoting it. Got to the MC web site and you immediately hit with a
They have had it for quite a bit of time so there is no real need to market it as if it is a new product they are offering.
http://www.mastercard.us/google-wallet.html
Also see this -
http://www.engadget.com/2011/09/20/polyamorous-google-wallet-adds-visa-to-its-arsenal/
As long as they don't loose money in the transaction credit card companies would want to be a part of each and every contact less payment system that gives them a greater penetration of the mobile market and secures the transaction further compared to swipe and pay..
The bottom line is that both apple pay and google wallet are using tokenization, that is a standard that the credit card companies have embraced going forward. If a third player wants to come into the picture it would by default have to adopt a similar standard. Apple pay uses another standard in NFC that is also used because well, it is a standard for contact less payments around the world so apple made themselves compatible with a POS system that is used by thousands of retailers around the world already. Google wallet btw also does uses a number for the transaction that is different form your cc number (this is by design iirc ) so is as secure as apple pay from that angle. What Apple pay does differently from google wallet is that it does not transfer your financial information to apple or stores it on a database assigned to your account (other then the credit card on file with the apple id). Google takes all your credit card data, asks you to create a google wallet account and stores that information. Apple also secures the transaction by using Touch ID which prevents fraud but i suspect this would be easily handled by google and Samsung in the near future by allowing google wallet to be secured by samsung's finger print scanner. Samsung has already hinted at using a finger print scanner on their next smart watch (most likely a synaptic driven touch(screen) sensor rather then a swipe sensor)which would essentially offer fully integrated payments through wallet (remains to be seen if this smart watch is powered by tizen or android wear) without requiring a phone.
So in a way they are a bit different (Apple pay and google wallet) but the concept behind them is largely similar. Where apple has a better shot at succeeding (and here my definition of success is that the dollar value of Apple pay's transaction exceeds the dollar value of google wallets transactions - despite the number of google wallet enabled devices being many times that of NFC powered iPhones) is that they implement things in a way where their customer base ends up utilizing the service more. I think this is what most commentators have hinted at, that apple knows how to simplify the process and how to present it to the customer in a simple way whereby it gets used by a much larger proportion of its idevice using customer base. With Paypal or Google wallet the transaction involves you, your credit card company, google wallet/paypal account and the seller. With Apple pay, it involves just you, your credit card company and the seller. Apple does not have the information on file or care for what you spend your money on. They have kept themselves out of the entire transaction. Apple also has a customer base that has been shown to be spend far more than the android customer base, and this is most likely one of the reasons that apple has been able to round up so many retailers in the first wave of apple pay launch.
Another way where Apple pay is different is that the process is fully integrated with Touch ID but that mainly because apple sells just one product. So for a iPhone user its going to a store, authenticating the purchase using touch ID and if the user were to loose his phone or have it stolen an extra layer of security is provided. Thats pretty much it.
Read this - http://www.forbes.com/sites/quora/2...alent-has-been-part-of-android-for-two-years/
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I don't get why Apple cut PayPal over such a lame reason? PayPal is in no way forced to be exclusive to Apple...
Is this just Apple bullying or is there more to the story?
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Okay so you're obviously biased here. Companies aren't backing Apple Pay over Google Wallet as they both use the same type of technology. Any payment terminal that accepts NFC will be able to accept EITHER Apple Pay OR Google Wallet. Just like it accepts taps from your NFC credit card. It's not proprietary technology.
Is this just Apple bullying or is there more to the story?
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visa, MasterCard and Amex are requiring NFC pos by mid 2015, they are backing
Okay so you're obviously biased here. Companies aren't backing Apple Pay over Google Wallet as they both use the same type of technology. Any payment terminal that accepts NFC will be able to accept EITHER Apple Pay OR Google Wallet. Just like it accepts taps from your NFC credit card. It's not proprietary technology.
apples implementation is proprietary. Fact Apple will make NFC payments a real thing! I don't see Google wallet being partnered with Visa American Express Chase Wells Fargo, citi, whole foods, target. And you course on by I'm an Apple enthusiast on a Apple forum why would not be biased?
It simply doesnt matter because nfc is nfc... there isnt anything proprietary thats going to make it a case of you can only use apple pay and not any other
How is Apple's implementation proprietary? The stores accepting the payments just need an NFC enabled card/device. Google also has tokens on theirs and sure the implementation might be different on the phone, the end result is the same.
Whole Foods and Target, etc aren't partnered with Apple Pay anymore than anyone else. Any company that has NFC enabled pay stations can take NFC payments.
Google Wallet does have some partnerships with some Visa and MasterCard, but sure it's not near to the level of what Apple got so far. In time I'm sure that Apple's making mobile wallets popular it will aid Google's partnerships. All in all the consumer wins out in the end which is great.
And no one forced them. Apple and Paypal was working on a partnership that would have been mutually beneficial. Apple did not regard a partnership beneficial to its overall goals post- the samsung partnership. Paypal and apple went separate ways. If paypal had been forced - they would have been forced into signing a contract with apple and to get out of the contract with samsung.
Both Mastercard and Visa are onboard with Google Wallet as are Citi.
I understand where you are coming from, there are quite a few people who believe that apple pay is something that is technologically superior, whereas in reality it is not much different from google wallet. Where apple has a better shot is that they usually roll out services that gain a larger acceptance from their consumer base and the fact that their customer base spends more which directly lines up retailers wanting a piece of that pie
Read this -
http://www.phonearena.com/news/How-...allet-are-both-on-the-cusp-of-success_id60801
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