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Apple's Jennifer Bailey Says Customers Are Willing to Switch Banks to Use Apple Pay
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I'll go one step further, I prefer to shop at merchants who accept Apple Pay as well. Its way faster than most chip and sign implementations that I've seen (some are downright painful clocking in at ~10 seconds after inserting the chip). I've had my card replaced so many times due to different hacks over the years. And (atleast with AMEX) when I report my card lost/stolen, the Apple Pay card is updated to the new one immediately and available for use before the physical card arrives.
Apple Pay is a quality of life thing for me at this point.
Apple Pay is a quality of life thing for me at this point.
I think the last sentence ("denied rejected") got mangled during editing.
What was denied, was the banks' application to bypass normal anti-cartel rules and negotiate with Apple as a group.
Far more important things to worry about than Apple pay. It’s like when people say I won't buy a car without CarPlay. WTF???
I switched banks just to get Apple Pay. It's a game changer for me
This is really quite ridiculous to me. Just think for a second what Apple Pay actually does. I put my iPhone up to the reader, it says on the screen place your finger on TouchID. I do it, it pays.
What other functionality is there to be added? It has one feature, pay for things when touched on a reader. There is no other features for the banks to add, there is no need for alternatives. Just support Apple Pay and get your customers what you want them to have.
What they're arguing is that they want their software to handle the transaction instead of Apples but it still comes from the same card/account and would function exactly the same.
This "it's not about the fees" rhetoric is plainly ******** as it's the only thing they have to gain, there is no other functionality/features to be added.
I only switch banks for free koozies and refrigerator magnets, thank you very much.
I needed a new bank when I moved, so I didn't switch "because of" Apple Pay. But, I only considered banks with Apple Pay support.
While Apple Pay involves some interesting tech with possibilities, at this point it really seems to be a bit of a gimmick that revolves strictly around (perceived?) convenience. However, as long as it is tied to credit cards and their antiquated processing I don't think that it really amounts to much other than a novelty for many users (well some $$ for Apple I suppose). A truly innovative system would involve getting rid of the current credit card system and saving the customer some money, not just enriching Apple and their shareholders and the chain of credit card middlemen further.
What do you mean? I actually switched banks so I could use Apple Pay. Apple is just telling the truth.
Agree. The chip thing is really annoying to use. Due to different financial reasons, I have 4 different banking accounts. Only one lets me use Apple Pay At least two, so far, have not switched to chip.
No she isn't. One of the reasons _I_ switched was that I wanted to try Apple Pay. Switching banks as easy as switching phone carriers. Not a problem.
I also have set up Apple Pay since day one and probably have used it 15 times in 2 plus years. Would use it more but not many places are on board.
And I refuse to change my shopping habits for mobile pay.
And I refuse to change my shopping habits for mobile pay.
Not sure what the landscape is in the US. But in Canada there was basically no Apple Pay for a year, and all of a sudden all the major banks had Apple Pay within a few months. My bank was behind by about a month. But my most commonly used credit cards aren't even issued by my main bank.
Anything other than Food, shelter, health care is low priority, including a phone, car.
Yes there are people who look for CarPlay before buying a car, their decision to buy a car may not be solely based on CarPlay but it is in the list of things required.
As a rule, given the same product I prefer to shop wherever is cheapest.
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No, what they said was…….I won't buy a car without CarPlay.
Yes, well that was me; though I made sure it had Android Auto in case I switched. It was something actually new in a car, everything else was just more of the same with a slightly different shape.
worst part of apple pay is that its a hassle to use. Whenever I ask to pay by Apple Pay no one ever knows what it is or how to initiate the payment. I was even buying something at an APPLE STORE and the guy looked at me like I had two heads when I said apple pay.
edit: I should mention I'm in Canada and Apple Pay is a little behind here.
edit: I should mention I'm in Canada and Apple Pay is a little behind here.
We’re all different I suppose but Carplay is waaaaaaaaaaaaaaaaaay down my list. Below, looks, economy, reliability, badge etc. etc.