CVS Pharmacy Now Accepting Apple Pay in Stores

[zorinlynx]

Target is pushing their own credit/debit cards because the processing fees are essentially 0... saving them a huge amount of money a year. Then entice people to sign up for them by giving them discounts (which are ultimately less than the processing fees they would pay for normal credit cards... especially "rewards" cards).

I wonder, couldn't they have the best of both worlds by just allowing customers to add the Target card to Apple Pay?

 

[bn-7bc]

Remember that chipped cards are still quite recent here, and I still run into places that haven't replaced the swipe card readers.

And this is whst surprised us europeans so much, chip and pin has been requiered here for at least 5 years (at least in Norway and sweden, I can’t speak for the rest of Europe) but I think it’s the same there ( Atleast for EU members
[doublepost=1539329100][/doublepost]

Another downside is that merchants here dislike cards a lot more than in Europe (mainly due to interchange, though there are other factors too). I suspect that a lot of reluctance to contactless is because it might encourage more use of cards for smaller purchases vs. the majority of such transactions being cash as they are now.

Yes, because dealing with cash, and telated work, (counting the til, geting csh to/from the bank etc) dose not incur costs at all, peopleseam to thnk that no per transaction fee = no cost to merchant, which I say is not intierly true. When it comes to card procesing feesin the US I’ll have to trust others in this tread as I know nothing about them

 

[newellj]

And this is whst surprised us europeans so much, chip and pin has been requiered here for at least 5 years (at least in Norway and sweden, I can’t speak for the rest of Europe) but I think it’s the same there ( Atleast for EU members
[doublepost=1539329100][/doublepost]
Yes, because dealing with cash, and telated work, (counting the til, geting csh to/from the bank etc) dose not incur costs at all, peopleseam to thnk that no per transaction fee = no cost to merchant, which I say is not intierly true. When it comes to card procesing feesin the US I’ll have to trust others in this tread as I know nothing about them

Even now, at a restaurant (for example), I hand my chipped card to the server, who takes the card to wherever the card reader is and returns with a slip for me to sign - with no PIN required. This is very different from Europe, where the server brings the reader to your table and (IIRC) you have to input your pin on the reader, and the card never leaves your presence.

 

[enduro0125]

Its the internet.
If you post something, one should be prepared for a response.

The part in red is where you counter point fails.
What you believe is irrelevant.

He asked a question, he got an answer, and in further review, just like post 18 and 21.

Thanks for pointing out the red font.

I would have never fight that out for myself.

You is so smart.

 

[InTeCredo]

Why that's so big news in US? In EU we can use ApplePay literally everywhere, where the contactless terminal is, so just about everywhere, even it the smallest grocery stories.

Well, you should not be so ahead of yourself and blather this 'fact' before doing the fact-checking first because card payments aren't widespread in Germany yet, including the credit cards. My experience in Germany so far is about 60% of businesses are set up for card payments and much smaller percentage accepts credit cards in addition to EC cards. Blame it on old school attitude toward cash and unawareness of EU Directive 2015/751 that limited the transaction fees to 0.2% for EC cards and 0.3% for credit cards. This EU Directive has enormously shifted the German attitude toward card payments, including credit cards, in Germany in the last three years. However, many customers aren't aware of NFC-enabled cards that they could simply tap to pay: they continue to insert the card, wait for cue to enter the PIN, then pull out the card after the transaction is completed.

The aggravating issue is the minimum amount for card payment that can be anywhere from €5 to €40. Most of times this information isn't even posted at the entrance doors or cashpoints. The cashiers would verbally announce the minimum amount. I often blare at them about the lack of visual postings. This is a huge fraud because you are foreced to add more items to clear the minimum amount. Some of them are adamant and refuse to budge. I've written lot of negative comments in Google Maps about those establishments.

Lastly, the transaction service provided by Sparkasse Händlerservice (utterly evil bank in Germany) blocks the Apple Pay because Sparkasse is being d!ck. Sparkasse imitates the three d!ck-headed Australian banks. Sparkasse also takes the page from WalMart and Target by developing the Sparkasse Pay app for Android.

 

[Noblesongster]

Just used it on Tuesday. Glad they finally enabled Apple Pay again.

Home Depot used to accept Apple Pay a couple of years ago but they shut it off. I remember that their management said that they would support Apple Pay again but that was LAST YEAR!! They still don't support it. That stinks! I hope that they get on the ball by the end of the year. We deserve secure transactions at all retail stores.

 

[tmiw]

Yes, because dealing with cash, and telated work, (counting the til, geting csh to/from the bank etc) dose not incur costs at all, peopleseam to thnk that no per transaction fee = no cost to merchant, which I say is not intierly true. When it comes to card procesing feesin the US I’ll have to trust others in this tread as I know nothing about them

Interchange in the US can be up to 3% depending on the type of card, which is much higher than the EU's statutorily capped 0.2-0.3%. Depending on the business, cash handling can still be less expensive (but I'm not sure by how much).

 

[kdarling]

And this is whst surprised us europeans so much, chip and pin has been requiered here for at least 5 years (at least in Norway and sweden, I can’t speak for the rest of Europe) but I think it’s the same there ( Atleast for EU members

Europe got chip & pin first because it needed it, due to having to deal with offline authorization.

The US has instead had realtime comms for authorizations for decades. Moreover, US banks have invested heavily in automated fraud detection.

Different needs, different approaches.

 

[cmaier]

Wait - I’m almost done paying for this toothpaste. I’ve been trying to get this currentc bar code thingy working for two years and the cashier says I’m almost done.

 

[rugmankc]

Speedway's new pumps in my city have a contactless terminal that says "Coming Soon"

Been saying that for 2 years in my area