Consumer Reports Says Apple Pay Cash is the Best P2P Mobile Payments Service

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Apple Pay Cash is the highest-rated mobile peer-to-peer payments service on the market, according to a review by Consumer Reports.

In the first comparison of its kind, the Consumer Reports publication looked at the relative pros and cons of Apple Pay Cash, Zelle, Square Cash, Venmo and Facebook Messenger P2P payments. Google Pay's new money-sending feature wasn't included in the group test, however.


The five services were rated worse or better in terms of payment authentication, data security, data privacy, customer support, and broad access (use not limited to those with a bank account or particular mobile device).

All five services were rated good enough to use, but Apple Pay Cash came out the winner with a higher overall score, mainly because of its stronger privacy and security measures.
Apple Pay was the only service that got top marks from CR for data privacy, because its policies state that it limits the information it collects and shares on users and their transactions. It doesn't store credit card or debit card numbers, and it states in the terms and conditions that it doesn't sell users' personal information to third parties, CR found.
The requirement of later-generation Apple hardware and software was classed as the only major drawback of Apple Pay Cash, as per the "broad access" category described above.

Venmo, Facebook Messenger, and Square Cash all rated above average in most categories barring privacy. Zelle was downrated for poor clarity in its data policies, and failed to offer a way to confirm payments in its mobile app, although the company said the feature would be included by late October.

After a brief delay, Apple Pay Cash arrived on iOS devices in December 2017, although it's currently only available to users in the United States.

Article Link: Consumer Reports Says Apple Pay Cash is the Best P2P Mobile Payments Service
 
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69Mustang

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Consumer reports saying something ‘positive’ about Apple an Apple Pay? That’s astonishing. Apple Pay is convenient enoughfor me where I don’t need my debit card all the time and is supported heavily in my area.
If you go look at CR articles about Apple products, you'll find them mostly positive. They just don't get reported on. Out of all the Apple products tested by CR over the years, how many do you think were negatively rated? Of those negatively rated, was there ever one that didn't have a legitimate issue?
 

Relentless Power

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If you go look at CR articles about Apple products, you'll find them mostly positive. They just don't get reported on.
That’s probably true. And of course anything controversy related discussed on Apple usually reflects on the source that’s reporting it, especially on an Apple related website. Albeit, I don’t want to be disingenuous to the actual thread topic here, but it doesn’t have to be necessarily ‘negative rated products’, more or less the drival that they interject about the products that many don’t seem to agree with or ‘nitpicking’ things that may seem frivolous or unnecessary, at least from my own readings. But I also understand they naturally have to be a critic,its just in there own manner.

Of those negatively rated, was there ever one that didn't have a legitimate issue?
Technically, All tech has ‘legitimate issues’ one way or the other. But is it more specific to those issues others experiencing or just something that the critic tends to exploit that may not be worth discussing just put the product down. I think That’s left up for the reader to decide.
 
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TimmeyCook

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If you go look at CR articles about Apple products, you'll find them mostly positive.
Of course they are. Maybe that's because Apple makes great products and services.

CR also made a lot of show when the iPhone 4 had the antenna gate, when the iPhone 6 had the bendgate, when the 2016 MBP didn't hit the advertised battery life.

But those must have been deleted from your memory?

Don't think this report is going to be republished everywhere like those reports, though.
 
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69Mustang

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That’s probably true. And of course anything controversy related discussed on Apple usually reflects on the source that’s reporting it, especially on an Apple related website. Albeit, I don’t want to be disingenuous to the actual thread topic here, but it doesn’t have to be necessarily ‘negative rated products’, more or less the drival that they interject about the products that many don’t seem to agree with or ‘nitpicking’ things that may seem frivolous or unnecessary, at least from my own readings. But I also understand they naturally have to be a critic,its just in there own manner.
What drivel? As far as I remember, every issue broached by CR was 1. legitimate and 2. addressed by Apple. Apple ain't addressing nitpicky, frivolous, or unnecessary.
Now you're 100% right about the source doing the reporting. Take this article. MR slanted it by leaving out what the scores actually mean in CR's overall rating scale: 81-100 is Excellent. 61-80 is Very Good. 41-60 is Good. So none of the services rated Excellent and almost all rated Very Good. So basically, it's choose one and you're probably okay... 'cept maybe Zelle. It rates so far away from the others it would give me pause.


Technically, All tech has ‘legitimate issues’ one way or the other. But is it more specific to those issues others experiencing or just something that the critic tends to exploit that may not be worth discussing just put the product down. I That’s left up for the reader to decide.
Not sure where you're going here. I'm not talking about generalities about generic "all tech". I'm talking specifically about the issues that CR had with Apple tech.
 
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JosephAW

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I wish they roll out Apple Pay at the gas pumps. I don't trust the swipe at the pump so I have to go in to pay. Several friend's cards have been nabbed by pump skimmers.
 
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Ries

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"highest-rated mobile peer-to-peer payments service on the american market"

The one im using is free, works on android and ios, and is almost instant on my bank account. Basicly everyone and Grandma uses it in my country.
 

Relentless Power

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I love that Cook & Co. have not given into the temptation of being lax with user privacy or security. It would be easier, and more immediately profitable to regress to sloppier or more exploitative industry norms. I really appreciate them taking the road less traveled and leading in this important way.
Apple’s value with Security is one of the main reasons I remain loyal to them, not just because of their productline, ecosystem or customer support, it’s mainly because of their encryption standards and they value the privacy of the consumer. In today’s age where identity is compromised all the time, Apple Pay is a great example with contactless payment in subduing the use of a debit card.
 

sidewinder3000

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Apple’s value with Security is one of the main reasons I remain loyal to them, not just because of their productline, ecosystem or customer support, it’s mainly because of their encryption standards and they value the privacy of the consumer. In today’s age where identity is compromised all the time, Apple Pay is a great example with contactless payment in subduing the use of a debit card.
And Samsung gave up security like a sophomore at Prom when they allowed Samsung Pay to work on old payment machines via the credit card slot. Clever idea, but less secure than a dedicated NFC connection. Apple often forgoes cleaver/flashy features in favor of security. They are incredibly disciplined for such a large company.
 
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Relentless Power

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And Samsung gave up security like a sophomore at Prom when they allowed Samsung Pay to work on old payment machines via the credit card slot. Clever idea, but less secure than a dedicated NFC connection. Apple often forgoes cleaver/flashy features in favor of security. They are incredibly disciplined for such a large company.
Aside from the security aspect, look how convenient they coupled Apple Pay with the Apple Watch and LTE. I don’t even need my iPhone with me to pay for expenses. Times have changed, and Apple made it better and more simplistic for the consumer. It’s just a matter if the user want to take advantage of this technology or not.
 

sidewinder3000

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Aside from the security aspect, look how convenient they coupled Apple Pay with the Apple Watch and LTE. I don’t even need my iPhone with me to pay for expenses. Times have changed, and Apple made it better and more simplistic for the consumer. It’s just a matter if the user want to take advantage of this technology or not.
I love using my Apple Watch to pay at the drive through!
 

jaster2

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Some stores have astonishingly fast authentication with Apple Pay--1 or 2 second delay. Other stores, I stand there wondering if it's ever going to go through. And the clerks will say things like, "It might work. Sometimes it does and sometimes it doesn't." I don't get why that is. Is it the stores' hardware, network connection, service, or my bank, Apple??? Love it when it works as it should.

Number 1 reason my friends won't turn on and use Apple Pay is feeling anxious about connecting something on their phone to their bank account. I figure there must be a lot of people like that.
 
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[AUT] Thomas

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While I'll certainly appreciate the service once available, not sure if that's going to take off in Europe... Apple doesn't have a huge market share here -and of those using iPhones I know some people that even disabled iMessage due to low service quality compared to Whatsapp & Co. Meanwhile N26 and other fintechs gain popularity -and they can also send money to non-registered users via SMS or email. Granted, Apple Cash is more convenient, but with it being limited to Apple it will likely become just an alternative to existing services with the downside of the money not ending up on my bank account directly.
 

oneMadRssn

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Aside from the security aspect, look how convenient they coupled Apple Pay with the Apple Watch and LTE. I don’t even need my iPhone with me to pay for expenses. Times have changed, and Apple made it better and more simplistic for the consumer. It’s just a matter if the user want to take advantage of this technology or not.
You don’t even need an Apple Watch LTE to use Apple Pay without an iPhone. It works with no data connection at all. As long as Apple Pay is set up on the watch, it has all the tokens and info to complete the payment on the terminal.

I have a S2 Apple Watch, and I use Apple Pay without having my phone with me often.
 

[AUT] Thomas

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You don’t even need an Apple Watch LTE to use Apple Pay without an iPhone. It works with no data connection at all.
This article is about Apple Pay Cash (Peer2Peer Payment)... ;)
Apple Pay Cash is using a virtual account, thus requires online access, also to send a payment to a recipient, but Apple Pay non-cash works like passing on credit card details via NFC...
 
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