Apple Planning November Launch of Apple Pay in Canada

[roadbloc]

Why rightly so. The UK banks are money grabbing shysters!?

I don't want my information being spread about thanks. No matter how secure it's meant to be. I'd like the info I gave to the bank to stay with the bank.

And the basis of the 'unnamed' bank argument is null and void as no data is collected by apple - "So when you go to a physical business and use Apple Pay, Apple doesn’t know what you bought, where you bought it, or how much you paid for it. The transaction is between you, the merchant, and your bank."

How do you know this? Do you know all of the details behind Apple's agreements with the UK banks over ApplePay. Do share if you do. With a reliable source please.

And as for security. No other payment method is as secure. Period.

Again, do you know this for definite or are you just saying that because Apple said it? What is more secure about Apple Pay then the current NFC system already set up by the banks?

Also. Doesn't really have anything to do with the banks - If barclaycard or Visa implement it. and they will then that's that.

Eh? It has everything to do with the banks. It was Apple who wanted to distance themselves from services like Google Wallet by bypassing the card companies and going straight to the banks.

 

[LordVic]

Apple pay might be just the ticket to get me to switch to the iPhone.

I'm sick and tired of Canada being treated as a 3rd world nation in regards to these payment solutions.

We've got NFC terminals in just about every single retailer (I use NFC based credit card regularly)

We've got extremely regulated and safe banking system thats ready for it.

But Apple, Google, Samsung, All the payment software providers refuse to let us have the apps.

if those banks listed buy in, we're all set. They're the big 6. Everyone else basically uses them as their backing. there are a bunch of other banks that are smaller, but they'll quickly do whatever these big 6 do

 

[lobbyist]

Y'était temps pas à peu près.

 

[elvisimprsntr]

Actually ApplePay already works in Canada if you have a US issued card. I use ApplePay at IGA and St. Hubert when on business travel in Quebec.

 

[hppy29]

Why rightly so. The UK banks are money grabbing shysters!?

And the basis of the 'unnamed' bank argument is null and void as no data is collected by apple - "So when you go to a physical business and use Apple Pay, Apple doesn’t know what you bought, where you bought it, or how much you paid for it. The transaction is between you, the merchant, and your bank."

And as for security. No other payment method is as secure. Period.

Also. Doesn't really have anything to do with the banks - If barclaycard or Visa implement it. and they will then that's that.

I think its more than likely to be the merchant side rather than individual banks/card issuers and if it is, then Apple should name and shame and let the customers do the talking.

It would be interesting to know if Visa/Mastercard Europe have also updated their systems to the token system.

Its a silly reason to halt the roll out considering how much it should save on card fraud alone.. But then its a bit like iTunes Radio... we never really know how much Apple push. Meantime, Apple TV, iTunes, iPhone 6/6+ and the watch all have limited/reduced functions in Europe because these things are not worked out or put in place before launch.

 

[peterh988]

UK banks are all about "Whats the least service we can provide, and what's the most we can get away with charging for it?"

I'm convinced if some genius invented a way to cut fraud to zero, and wanted the banks to pay £10 for it, they'd try to beat him down to £3, payments spread over 100 years, interest free.

 

[dtich]

I don't get it, there isn't actually any mention of what they are concerned about with "security"

Apple has explicitly stated multiple times that they do not collect customer info and have no interest in doing so.

sounded like there was some issue with bank security, not customer data.. i don't get it either, i haven't heard of any issue like this.

 

[NewbieCanada]

They never roll things out here first. Plus I imagine they wanted to get things established in the US first because the market was so ripe for it with Google/Android's poor implementation.

I'm excited!

We got McDonald's pizza first... And as a result, no one else had to live through it!

https://www.youtube.com/watch?v=pd9WT4PM4TM

 

[Interstellar]

RBC isn't happy with the fee structure. What a load. Their random 'fees' have been dinging my accounts for no reason for years. I'm sure that what's upsetting them has something to do with how they can squeeze more fees out the people using the bank.

Still, must say that I am looking forward to this. I only hope the banks don't mess it up.

Indeed. I used to be proud to be an RBC customer but their little fees are getting ridiculous now. It's really greedy.

 

[SteveJobs2.0]

November?! I mean, yay! But November? That's 6 months and a new iPhone away... Oh well, at least it's (maybe) on the horizon (provided our greedy banks aren't too greedy).

Canada is WAY more prepared for contactless mobile payments, I tap my credit card/debit card basically every time I use them. Once ApplePay launches we'll be able to use it virtually everywhere!

My only concern is I have a GREAT cash back credit card that we use for all purchases. 4% on gas and groceries, 2% on drug stores and recurring payments and 1% on everything else. I wonder if I'll still have these perks if paying through ApplePay? Is there a precedent for a card like this in the US? Do the rewards stay the same regardless of if you pay with the card itself or with ApplePay?

What credit card is this?

 

[KieranDotW]

I spend about half the year each in the US and Canada and I still haven't found reason to use Apple Pay once while stateside

 

[LordVic]

We got McDonald's pizza first... And as a result, no one else had to live through it!

https://www.youtube.com/watch?v=pd9WT4PM4TM

LIES! McPizza was amazing

the only reason it failed was nobody wanted to wait 15 minutes for food at McDonalds.

 

[lunarworks]

I don't get why people hate on apple for not releasing things worldwide. If they had a choice why wouldn't they? They have to work with that countries rules and regulations and get all sorts of clearance.

For example iTunes Radio in Canada, they likely have to go through CRTC and boy are they a bunch of *******s. I'm sure each country has its own organization that apple needs to negotiate with before launching services.

I'm sure Apple isn't against making profit by launching worldwide from the get go ��

The internet is completely unregulated (content-wise), so the CRTC doesn't come into play. At all. The only thing holding Apple back would be negotiations with the record labels for streaming rights and whether they think it's worth it or not.

In other words, lawyers and accountants, not government.


As for Apple Pay, those are financial transactions, so they likely would be regulated. But I'm sure Apple's already got their ducks in a row on that, and just needs to work it out with the banks.

 

[francotone]

November?! I mean, yay! But November? That's 6 months and a new iPhone away... Oh well, at least it's (maybe) on the horizon (provided our greedy banks aren't too greedy).

Canada is WAY more prepared for contactless mobile payments, I tap my credit card/debit card basically every time I use them. Once ApplePay launches we'll be able to use it virtually everywhere!

My only concern is I have a GREAT cash back credit card that we use for all purchases. 4% on gas and groceries, 2% on drug stores and recurring payments and 1% on everything else. I wonder if I'll still have these perks if paying through ApplePay? Is there a precedent for a card like this in the US? Do the rewards stay the same regardless of if you pay with the card itself or with ApplePay?

I don't think that should be a problem. Apple Pay works in the way that Coin, Plastc or Final does. It serves as a virtual wallet, but in the end you'd be paying with the card selected. So it shouldn't affect your cash back! Unless the banks decide to not let those kind of cards be compatible with Apple Pay... It's all in the hands of the Big Five now...

 

[rock6079]

About time. I really hope this is true, I'm very excited about this!

 

[BruiserB]

November?! I mean, yay! But November? That's 6 months and a new iPhone away... Oh well, at least it's (maybe) on the horizon (provided our greedy banks aren't too greedy).

Canada is WAY more prepared for contactless mobile payments, I tap my credit card/debit card basically every time I use them. Once ApplePay launches we'll be able to use it virtually everywhere!

My only concern is I have a GREAT cash back credit card that we use for all purchases. 4% on gas and groceries, 2% on drug stores and recurring payments and 1% on everything else. I wonder if I'll still have these perks if paying through ApplePay? Is there a precedent for a card like this in the US? Do the rewards stay the same regardless of if you pay with the card itself or with ApplePay?

My Barclaycard Arrival + still gives me 2.2% back on all purchases and my Chase card still gives me 3% back on all gas and restaurant purchases. The transactions show up just as if they had occurred directly on my account (which of course with ApplePay they did). I think GoogleWallet actually charges the transaction to a proxy Google card which then charges your actual account, causing the merchant category to sometimes be changed. This doesn't happen with ApplePay.

 

[hppy29]

I don't want my information being spread about thanks. No matter how secure it's meant to be. I'd like the info I gave to the bank to stay with the bank.


How do you know this? Do you know all of the details behind Apple's agreements with the UK banks over ApplePay. Do share if you do. With a reliable source please.


Again, do you know this for definite or are you just saying that because Apple said it? What is more secure about Apple Pay then the current NFC system already set up by the banks?


Eh? It has everything to do with the banks. It was Apple who wanted to distance themselves from services like Google Wallet by bypassing the card companies and going straight to the banks.

The last one made me laugh, Google.. yeah they don't collect data now do they? Most companies get your data and sell it ...thats the real truth. Do you know how much companies make from selling data?

 

[scott523]

By the end of this year, ApplePay should be rolling this out worldwide. At this pace, how long will it take to get it out worldwide? 2 years, 3 years, 5 years?

 

[hppy29]

By the end of this year, ApplePay should be rolling this out worldwide. At this pace, how long will it take to get it out worldwide? 2 years, 3 years, 5 years?

If you base this on iTunes Radio... who can say, with so many brits working at Apple you would think they wouldn't forget about us so easy lol

 

[prowlmedia]

I don't want my information being spread about thanks. No matter how secure it's meant to be. I'd like the info I gave to the bank to stay with the bank.


How do you know this? Do you know all of the details behind Apple's agreements with the UK banks over ApplePay. Do share if you do. With a reliable source please.

Again, do you know this for definite or are you just saying that because Apple said it? What is more secure about Apple Pay then the current NFC system already set up by the banks?

Eh? It has everything to do with the banks. It was Apple who wanted to distance themselves from services like Google Wallet by bypassing the card companies and going straight to the banks.

The quote was from Eddy Cue when introducing the service. I don't get what you think is being spread around? No other information is attached to transection? The shop doesn't get a record of your name / address and the banks/card does know specifically what you bought? I am guessing a tinfoil hat

USA banks operate completely differently to UK banks.

Fingerprint / code is inheriently more secure than a pin number + Apple Pay uses Tokens
http://www.engadget.com/2014/10/02/apple-pay-an-in-depth-look-at-whats-behind-the-secure-payment/

 

[MacrumoursUser]

Wow. By the time iPhone 8S comes out it will probably reach Europe.

 

[elvisimprsntr]

I think its more than likely to be the merchant side rather than individual banks/card issuers and if it is, then Apple should name and shame and let the customers do the talking.

It's not the merchants delaying roll out. I use ApplePay with my US issued card when on business travel in Quebec.

It's the banks and cards. They likely need to:
1. Sign agreements with Apple to pay the reported fees
2. Submit images of their cards
3. Implement 2 factor authentication for adding cards to ApplePay to reduce fraud
4. Update their backends to support EMVCo transactions

 

[LordVic]

The last one made me laugh, Google.. yeah they don't collect data now do they? Most companies get your data and sell it ...thats the real truth. Do you know how much companies make from selling data?

I think that this might be one of the biggest barriers to these services in Canada.

We have very strict regulations regarding privacy and dissemination of personal information.

Basically: any company operating in Canada cannot keep and store personal information without several steps
1. Giving you an "opt in" to collect information. "opt out" isn't enough, you have to consciously say 'yes'

2. The collection of the information must be clearly identified to why it is collected, and how it is to be used.

3. The information collected can only be used for the purposes identified in the above uses and Cannot be used for purposes not expressly agreed upon.

4. The information, once no longer usable by those outlined purposes, must be destroyed / scrubbed of identifiable information and cannot be in the future used or linked to an identifiable individual.

5. At no point can identifiable personal information ever be sold to 3rd parties.

though, there are even more rules, these are the big ones that passed in the PIPEDA act. https://www.priv.gc.ca/leg_c/leg_c_p_e.asp


However, you are completely incorrect in how Google, Apple and most of the big players use your data. They do not take it, and resell your data. They take it, Use advanced statistics and algorithms for it, and then sell the resulting information. There's no personal information being sold. What they're selling is "from our statistics, X amount of people Enjoy Y products, so, pay us Z amount of money and we'll make sure they those X people see your adds."

if you believe your personal information is being directly sold to other's by google or apple, you've believed way too much of the FUD in here.

 

[prowlmedia]

I spend about half the year each in the US and Canada and I still haven't found reason to use Apple Pay once while stateside

It's not a reason. Just another choice. I just want to be able to carry some cash in a clip and my phone.

 

[macmurray]

What credit card is this?

Scotia Momentum Visa Infinite. It has a $99 annual fee, +$29 for supplementary cards, but we get around $800 a year cash back on it so it pays for itself pretty quickly. They have two other Momentum cards with a lower annual/no fee with lower cash back levels as well.

Glad to hear that ApplePay shouldn't affect the cash back. Now we just need it to launch!