Australian Banks Challenge Apple Over Mobile Payment App Restrictions

[appledefenceforce]

For those of us living in countries who've had contactless pay credit and debit cards for years, Apple Pay just ain't that big of a deal.

I'd been using contactless payment for years before Apple Pay but I still think it's a big deal because a) you don't need to fumble in your wallet to find your card, or having an NFC sticker at the back of your phone, and b) I can securely pay for stuff with my Touch ID, without anyone knowing my card number, and c) I can even pay with my Apple Watch.

 

[Gasu E.]

If the idiots at NAB, Westpac et al bothered to look at how tremendously ***** their banking apps are they'd realise that even if customers did have access to them they'd prefer to use apple pay anyway.

Surely you realize what a weak argument that is. If that were the main counter-argument, then Apple should just open up their NFC and let the banks fail on their own.

 

[SurferPup]

I doubt our ACCC will be able to win with Apple and I hope the ACCC loses. Apple developed the hardware (Apple Watch / Apple iPhone) and they are open to the other three major banks joining Apple Pay like Amex and ANZ have here. I love using my Apple Watch for Apple Pay instead of my iPhone's CBA PayTag for contactless payment. When enough Australians switch to using Apple Pay that CBA, WBC and NAB's 30 cent fee per transaction revenue is affected significantly, they will join too.

 

[appledefenceforce]

REALLY ... what's the percentage of users that only use 1-1-1-1 or 1-2-3-4 as their passcode ... find an iPhone and away you go UNTIL, just like CC you report it missing or you're somewhere near a means of using Find My Phone.

All this coming from someone who has used Apple Pay on the 1st day of roll-out in Canada - I repeat, Apple Pay just ain't that big a deal.

Repeat more because no one is listening.

 

[NightFox]

Agreed, none of these pay systems are a big deal when I can whip out a credit card and swipe it in 1.5 seconds.

Tokenization, that's a big deal for some people, in terms of both security and privacy.

 

[SurferPup]

I doubt our ACCC will be able to win with Apple and I hope the ACCC loses. Apple developed the hardware (Apple Watch / Apple iPhone) and they are open to the other three major banks joining Apple Pay like Amex and ANZ have here. I love using my Apple Watch for Apple Pay instead of my iPhone's CBA PayTag for contactless payment. When enough Australians switch to using Apple Pay that CBA, WBC and NAB's 30 cent fee per transaction revenue is affected significantly, they will join too.

 

[appledefenceforce]

Tokenization, that's a big deal for some people, in terms of both security and privacy.

Some people just never get it and like to stick with old tech cuz they're too cool.

 

[RedOrchestra]

Apple developed the hardware

Yeah, and the banks and card issuers developed contactless pay - your point?

 

[RedOrchestra]

Some people just never get it and like to stick with old tech cuz they're too cool.

What's the fraud rate percentage with chip-enabled, NO pin required, contactless pay credit and debit cards with a merchant receipt that only shows the last 4-digits of the card, huh?

 

[penguintri]

Are you being ignorant on purpose? What about privacy? What about security? Plus people forget their wallets and keys more often than they forget phones. Nowadays phone is basically an extension of ones arm.

Not so long ago i found one NFC enabled card and if i was some low life criminal i could use it until it was blocked. If i lose my iPhone no one will be able to use it to pay for things.

That's a crazy argument! It's a lot more costly to loose your phone than it is if you lost a card. You'd be covered on your your card and pay nothing even if it was used fraudulently. People may not be able to use your phone to pay for things but you'd be way more out of pocket! And privacy??? They can get your name of a card but a phone is a lot more risky to loose!

Apple pay is definitely not all that in countries that have had contactless payment for years. There's just very few benefits, it's more of a hassle! Only benefit is if you leave your wallet at home!

 

[Rogifan]

If this is successful then could someone like Spotify challenge Apple for not allowing them access to Siri? Yes Apple has an SDk now for Siri but (not surprisingly) it doesn't include music apps (outside of the native Music app).

I do wonder why no one has successfully been able challenge Apple over only being able to get apps via the App Store on iOS devices. When you buy an iPhone what exactly do you own?

 

[John Mcgregor]

That's a crazy argument! It's a lot more costly to loose your phone than it is if you lost a card.

That's why people lose phones much less frequently than they lose cards. What hassle? I started using boon and my wallet is colecting dust at home. I'm pretty sure i remember people said same thing about plastic cards that it's a hassle compared to cash.
[doublepost=1469623132][/doublepost]

If this is successful then could someone like Spotify challenge Apple for not allowing them access to Siri? Yes Apple has an SDk now for Siri but (not surprisingly) it doesn't include music apps (outside of the native Music app).

I do wonder why no one has successfully been able challenge Apple over only being able to get apps via the App Store on iOS devices. When you buy an iPhone what exactly do you own?

Apple is not a monopoly thats why.

 

[Gasu E.]

That's a crazy argument! It's a lot more costly to loose your phone than it is if you lost a card. You'd be covered on your your card and pay nothing even if it was used fraudulently. People may not be able to use your phone to pay for things but you'd be way more out of pocket! And privacy??? They can get your name of a card but a phone is a lot more risky to loose!

You just made a counterargument against having a phone at all. If you really don't want to carry around a smart phone, then I believe many people here would agree that a card is better than... what? Carrying a wad of cash?

 

[upnorth85]

I think Apple should open up their NFC and the Australian banks allow Apple pay. Let the consumers decide what they want to use. Unless the banks start charging a fee for Apple pay, I know what will happen. In any case if I were in Australia, I would drop the big three in a jiffy and get an ANZ credit card.

 

[John Mcgregor]

You just made a counterargument against having a phone at all. If you really don't want to carry around a smart phone, then I believe many people here would agree that a card is better than... what? Carrying a wad of cash?

Or camels. Real men do business only in camels.

 

[urtules]

REALLY ... what's the percentage of users that only use 1-1-1-1 or 1-2-3-4 as their passcode ...

I can't save everyone but Appel Pay allows me to protect myself with strong password, I don't use PIN.
Anyway, even bad PIN is better than no PIN.
Remember, I don't need to enter the password manually it is works with Touch ID.

 

[Rogifan]

That's why people lose phones much less frequently than they lose cards. What hassle? I started using boon and my wallet is colecting dust at home. I'm pretty sure i remember people said same thing about plastic cards that it's a hassle compared to cash.
[doublepost=1469623132][/doublepost]

Apple is not a monopoly thats why.

I don't know what that means. What does not being a monopoly have to do with only being able to install software from one place? The Mac doesn't require users to only get software from the Mac App Store.

 

[buthidae]

As a customer of those three banks I've been patiently waiting for Apple Pay... but they can get stuffed. Signed up to re-open my old ANZ account tonight!

 

[lowendlinux]

If this is successful then could someone like Spotify challenge Apple for not allowing them access to Siri? Yes Apple has an SDk now for Siri but (not surprisingly) it doesn't include music apps (outside of the native Music app).

I do wonder why no one has successfully been able challenge Apple over only being able to get apps via the App Store on iOS devices. When you buy an iPhone what exactly do you own?

Nothing really..

 

[6836838]

There are certainly legitimate arguments for Apple opening up NFC access to developers. Things like mobile boarding passes and train ticketing come to mind, where the existing barcode-based solutions can be awkward and insecure.

I'm not sure how letting banks do NFC from their own apps, bypassing Apple Pay, would benefit consumers however. Are Apple's fees for Apple Pay excessive?

No, I really DON'T want any old app using RFID thank you very much!

 

[SoGood]

Now, I want iPhone to do Opal Card here.

 

[John Mcgregor]

I don't know what that means. What does not being a monopoly have to do with only being able to install software from one place? The Mac doesn't require users to only get software from the Mac App Store.

Do you want iPhone to become a synonym for malware?
[doublepost=1469624266][/doublepost]

Nothing really..

Ignorant.

 

[KeplersLaws]

oh please. what is this? apple opening up its platform is entirely at its own discretion. yes, i am uneducated in this matter, but does this whole deal sound childish to anyone? 'wah wahhh i want to also use my own digital wallet on your platform, and i am court challenging (or whatever the equivalent of an ACCC challenge is) you because you won't let me use your playground to frolic in!!!! '. beach pleease, apple pay using iphone's hardware is, well, APPLE's, it's patented, entirely belongs to and owned by Apple. i just don't see how an ACCC challenge or whatever is justified. get on ANZ's level, and 'welcome Apple Pay', not accuse and challenge it because you want to profiteer off their platform.
the australian big banks are a bunch of unreliable dogs anyway.

Power to apple.

 

[John Mcgregor]

Paying with your Apple Watch ... now who's being too cool, Dick?

You lost an argument, know when to stop.

 

[louiek]

You're speaking just like an American - the country with the worst CC fraud rate in the world. Contactless pay cards are as secure as Apple Pay - NO PIN required, NO SIGNATURE required and VISA covers me. Try to think more worldly than just your own little domain.

Yes, VISA does indeed cover you for the fraudulent purchases....eventually. But if you've got a mortgage payment or a direct debit coming out next week from a card that gets stolen and maxed out today you're screwed. VISA will not cover penalties and VISA will not amend your credit record and VISA will not give you money to feed your kids in the meantime. Try to think more worldly than your own personal circumstances.