Open an ANZ account. It is pretty painless to switch banks, just did it for the wife and I. They are stoked when you tell them it's because of Apple Pay.
[doublepost=1472083691][/doublepost]
Hahahahahaha. No.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Australian Retailers Back Banks' Right to Negotiate With Apple
- Thread starter MacRumors
- Start date
- Sort by reaction score
[doublepost=1472083691][/doublepost]
I'm holding out for Apple Pay. I don't want to have an app for every single bank. Then it will just completely dilute the app market for this sort of thing. 1 app. Apple Pay. Do it once, do it right.
Don't end up like Android where there's an app for each bank, then an app for each maker (samsung etc). Just stupid.
Don't end up like Android where there's an app for each bank, then an app for each maker (samsung etc). Just stupid.
Apple Pay is just another wallet for your credit / debit cards - still going to need individual apps for the various banks you have accounts at - Apple Pay doesn't replace those.
No it's a case of convenience. I've had 3 of my contactless cards become defective in the last year, taking over a week for them to be replaced, if Apple Pay was supported by my bank I could just use my phone. Of course I could have just inserted the card and used my pin, but in this day and age in Australia it's becoming antiquated. Why not support a technology if it's there? Hundreds of US banks don't seem to have an issue with it. Only 1 Australian bank supports Apple Pay and if it wasn't so much of a hassle to change banks I would.
It's not about status, it's about convenience and embracing newer/superior technology
I'm not sure what he meant by "deals", but Apple's strength has allowed them to change how the industry works. I can buy a phone without carrier bloat or with a carrier tramp stamp. I can selectively buy the songs I want including hits for ~$1 instead of entire albums. I can conveniently use Apple Pay with all of my debit/credit cards.
No other competitor is making a phone that I'm interested in. Would it be nice if Apple got rid of the 16GB model? Yes, but it's not going to stop me from buying iPhones.
I don't want/need a reward because Apple Pay is awesome. Rewards are there to entice you to put up with crappy service. Apple pay is excellent.
I'm ok with having separate apps to manage my bank accounts. Paying is a different experience.
If you use Apple pay, you don't have to swipe or insert.
Of course US banks don't have a problem - up until a few months ago they wre still issuing magnetic swipe cards to their clients. Even with the new issue cards merchants still require the customer to insert the card and sign the receipt. Even Apple Pay is road-blocked because of the slow conversion by merchants to contactless POS terminals.
We've had contactless payments in Aus for years now, inserting or swiping a card is so outdated and clunky. It would just be nice for the Australian banks to come to the party, considering commbank has posted record profits. Surely they could increase the customer experience and support it
Okay, that's a good example.
I'll never understand why some people are so happy to give Apple extra money. It's not like they need it.
I think in the end, Australian banks might be content just settling for the ability to charge their customers who want them to support Apple Pay. (Apple's requirement that costs not be passed on, makes no sense business wise.)
Yes, of course they would probably charge lots more than it costs them, but hey, Apple fans like MrX8503 above are proof that charging Apple Pay users extra, could work
Last edited:
Agree with you about switching to ANZ - nothing lost, with hassle-free convenience gained. Coming from Westpac, I was initially disappointed with ANZ's iPhone app (the blue one, which doesn't support TouchID), but soon discovered their other, slightly more polished (white) app, which does in fact support TouchID. I recommend this over any of their other, fairly useless apps.
https://appsto.re/au/_tv6Z.i
Last edited:
Why do you think the App Store is so profitable? Precisely because it is so hard to pirate apps in ios, so users have have buy an app the old fashioned way by actually paying for it. This means that apps are more profitable for developers, which in turn incentivizes them to continue developing for ios. The end result is a wider selection of high quality apps for me.
As for the e-book saga, think about the ramifications of lower prices for books. How many people do you think will stay around and continue publishing the books you love to read if they didn't think they could earn a fair wage off it. You want good stuff, you have to be prepared to pay for it, and that's precisely what Apple is doing here.
What's good for me as the consumer isn't always about getting away with paying as little as you can, but about ensuring a win-win-win proposition for everyone involved.
The lack of bloatware on my iPhone and Apple's ability to push software updates through whenever they feel like it is another example of how Apple's negotiating clout has benefited me as the end user. None of this "Verizon blocks Google wallet because they wanted to promote their own mobile payments standard instead" or me finding that my carrier has already subscribed me to a dozen paid services on my behalf crap.
As for Apple Pay, what Apple is doing is adding an extra layer of security to the transaction, from touch-ID to the Secure Element, while ensuring that my data stays with Apple instead of the merchant. That's the value add, and if Apple didn't have the clout of its hundreds of millions of users backing it, the other merchants and stakeholders would never have capitulated.
I am a paying customer of Apple, which means that Apple's interests are fairly well-aligned with my own, which is to afford me a great user experience. In short, I want things done the Apple way, not anyone else's, because these other companies have not demonstrated that they care as much about my user experience as a customer, or that they are willing to go the distance that Apple has. And sometimes, if I have to suffer in the short run to benefit in the long term (Apple Pay only came to my country in the middle of this year, but I was willing to wait), I will wait.
Apple has earned my trust, my faith and my patience.
For everyone saying "just switch to ANZ", please consider that not everyone's banking is necessarily that simple. Some of us have good reasons to maintain accounts with different banks, even multiple banks. In my own case, I have personal debit cards and credit cards with two banks, with linked accounts for personal income and expenses, business income and expenses, personal and investment loans. I also separately have a business credit card with a third bank (sure, I could just ask my employer, the government, to change banks, NOT), a personal debit card tied to a salary packaging scheme with a fourth bank, plus an Amex charge card. Depending on where I'm shopping, and what I'm buying, and who I'm buying it for I either need to use a different card, or choose to use a different card depending on on whether the vendor charges a surcharge for using Amex over Visa credit over Visa debit etc, and how many loyalty (frequent flyer) points I can earn. I could change most of my personal and private investment accounts over to ANZ, however this would come at significant cost as the best loan rates I can get from them are .5 basis points higher than I currently pay for my investment loans. Or I could move all my spending over, but then I would have to pay card fees (waived on my other credit cards due to associated loan accounts), or have less cash sitting in offset accounts.
I haven't yet found any of the banks offer an app that has decent usability and stability, and wouldn't want to use them even if they were allowed access to NFC for payment - easier just to use the physical card. But Apple Pay is something that actually offers extra convenience, so I'm happy that Apple are taking the stance they are, even if it's purely financial from their perspective.
I haven't yet found any of the banks offer an app that has decent usability and stability, and wouldn't want to use them even if they were allowed access to NFC for payment - easier just to use the physical card. But Apple Pay is something that actually offers extra convenience, so I'm happy that Apple are taking the stance they are, even if it's purely financial from their perspective.
I don't feel like I need rewards to convince me to use something that's convenient for me. Not sure how that means I'm giving Apple extra money or how I'm happy about it.
I think in the end, Australian banks might be content just settling for the ability to charge their customers who want them to support Apple Pay. (Apple's requirement that costs not be passed on, makes no sense business wise.)
Yes, of course they would probably charge lots more than it costs them, but hey, Apple fans like MrX8503 above are proof that charging Apple Pay users extra, could work
If my bank charged me extra to use Apple Pay, I would just move to another bank.
You miss the point. Enriching Apple is incidental to the fact that they do make great products which people enjoy using. When I enjoying using someone, I use it more and it's only natural that Apple gets richer in the process. As it should.
And I really don't care enough about points or loyalty rewards enough to keep track of them.
In all fairness the banks didn't create NFC for Apple's convenience. They had in mind a wide variety of applications, including the type of cards they use in Europe that you can just tap on the machine to read them.
Now that NFC exists and Apple is making use of it on their hardware and OS, I'm not sure I see a reasonable argument where Apple should be forced to release their innermost secrets of how all their hardware works, so that banks can develop their own apps to rival Apple Pay, while simultaneously putting Apple's security at risk.
If a third party developing an NFC app for the iPhone accidentally leaks some code which is later used to compromise the entire Apple Pay system, who is going to pay the billions that damage could do in liability to Apple.
The whole point of the Apple 'walled garden' is that they make the hardware and the OS and they decide how third party developers can interact with it. This has less flexibility, but more protections, and arguably better security and stability.
Giving access to NFC along with the secrets of how Apple keep the transactions secure isn't the same as an app being allowed to take pictures within the confines of Apple's rules.
How do you set up TouchID? How do you rename your accounts? So far this looks like a worse version of the app, not better. I have no use for Investements, Insurance, Super, Give and Grow magazine (!) which take up the home screen that I have to tap into to get to banking? Can't figure out how to do payments either. This app literally has no settings?!
Edit: Force quitting the app enabled the touchID setup. And a menu button that almost instantly became invisible, but remained functional when tapping that area. :/
I'd much rather Apple allowed NFC to connect Bluetooth speakers. That would be useful.
The banks are greedy bastards. The whole "dont pass your credit card details to the device, just pass an Apple YES code is better security. Let Apple verify the payment securely" is a winner.
Latest bank scam, charging you a "cash advance fee" when buying online lotto tickets. Which small print was that in? They gotta get their mitts on your money however they can! Lotto sites should have to warn customers about the fee too. Bet they aren't happy. What's they next exempt "credit" transaction? Buying anything online?
[doublepost=1472106388][/doublepost]
Most sensible answer. Imagine the whinging if it was compromised later on...
[doublepost=1472106585][/doublepost]Perhaps Woolworths can try a new loyalty scheme for ApplePay users... hehehe. They've tried every other option that no one cares about! They don't get it: you save more going to Aldi. Better than a fake loyalty (information gathering database) or petrol discounts.
The banks are greedy bastards. The whole "dont pass your credit card details to the device, just pass an Apple YES code is better security. Let Apple verify the payment securely" is a winner.
Latest bank scam, charging you a "cash advance fee" when buying online lotto tickets. Which small print was that in? They gotta get their mitts on your money however they can! Lotto sites should have to warn customers about the fee too. Bet they aren't happy. What's they next exempt "credit" transaction? Buying anything online?
[doublepost=1472106388][/doublepost]
Most sensible answer. Imagine the whinging if it was compromised later on...
[doublepost=1472106585][/doublepost]Perhaps Woolworths can try a new loyalty scheme for ApplePay users... hehehe. They've tried every other option that no one cares about! They don't get it: you save more going to Aldi. Better than a fake loyalty (information gathering database) or petrol discounts.
WTF are you talking about. Have you even used Apple Pay? My guess is you haven't because your description of the payment process is wrong. Wallet does not need to be opened and the phone does NOT need to be unlocked. In fact I hardly use Wallet, except if I want a quick balance of my cards. At least use it before commenting. It is much faster than inserting a card and entering a pin, that's the point of it. On the watch even faster.
In fact I now realized there's a whole bunch of knobs commenting and based on their comments it's obvious that they have not used Apple Pay and experienced it's simplicity. Just big mouths.
Last edited:
I'd love Apple to open up the NFC ability to other apps.
I think being able to setup security swipe cards for doors at work would be great, but...
I can also see it being totally abused, people making illicit copies of swipe cards they shouldn't have and so on.
If Apple were to open up the NFC and secure enclave for other developers to use, all it would take is one hack for all the banks currently signed up to Apple Pay, to lose confidence and stop all Apple Pay abilities with their cards.
It's just not worth the risk for Apple.
I think being able to setup security swipe cards for doors at work would be great, but...
I can also see it being totally abused, people making illicit copies of swipe cards they shouldn't have and so on.
If Apple were to open up the NFC and secure enclave for other developers to use, all it would take is one hack for all the banks currently signed up to Apple Pay, to lose confidence and stop all Apple Pay abilities with their cards.
It's just not worth the risk for Apple.
Wake me up when those cameras start telling the retailer that I just bought two packs of chips, a bottle of beer and something else that is not home brand (awww), so that I can start complaining and put my tinfoil hat back on.
God I hope Apple wins this. I just changed banks when this legal shitfight was announced. (Went with ANZ)
Build yourself something as secure as Apple Pay, then give it away for free. See how that works out for you.
That's just what the credit / debit card companies and the banks did - yup, came up with NFC, contactless POS terminals, and chip-enabled cards all in a secure environment and then johnnny-come-lately Apple wants to use ALL THAT for free PLUS get paid for doing so - the nerve.
That statement by Apple just kills me - it's EXACTLY what Apple does each and every day in it's ecosystem.
[doublepost=1472135841][/doublepost]
Geez, you're making a simple damn purchase ... tap your credit card or use Apple Pay ... where's the UX ... you get a receipt from the merchant using either.
Last edited: