And you don't think that the credit card companies will pass that cost along to card holders?
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CVS Stores Reportedly Disabling NFC to Shut Down Apple Pay and Google Wallet
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And you don't think that the credit card companies will pass that cost along to card holders?
Well, doesn't make much sense to disable NFC right after Apple Pay but not for the year+ that Google Wallet has been available.
Where I live even the food trucks take credit cards. The only place I know of to find merchants not taking credit cards is the farmer's market. Even their some of them will whip out their Square card reader if they think you're going to walk away.
Not if the $$ comes back in reduced legal fees and fraudulent charge coverage paid out to members.
Yes but the fact that MCX merchants will not accept other payments besides their own CurrentC makes it an Apple and Google battle.
Good info
http://m.imore.com/dont-want-retailers-shutting-down-nfc-tell-them-your-apple-pay-powered-wallet
http://m.imore.com/dont-want-retailers-shutting-down-nfc-tell-them-your-apple-pay-powered-wallet
1400+ posts and the same arguments and misinformation are still being spouted. I kinda wish this forum had stricter moderation...
No, I don't have a "clinical reason," and I don't really "advise Walgreens." I just tell my patients that Walgreens is just up the road from my office, so if they'd like, I can e-prescribe their medication to the store, so it will be there waiting for them after they leave my office. If they say they prefer to go to CVS, Rite-Aid, Costco, Sam's Club, Target, Wal-Mart, or whatever, I say, "Okay, no problem."
In other words, I don't ACTUALLY advise anything...I just throw it out there as an easy, nearby and convenient solution. Also, I liked telling CVS that!
As a pharmacist, I really wish doctors would not tell patients that their prescription will be ready when they get to the pharmacy. We are busy and are waiting on lots of people, we might not have even had a chance to look at that prescription before they have walked in.
How would you like it if I told them they could go to your office and walk right in and talk to you, no wait?
What is absolutely amazing about this is Apple Pay has brought more attention to Google Wallet thus making more android users learn about the payment solutions on their devices and making it a more commonplace thing. These merchants partnered with this CurrentC solution are realizing this so to keep it from becoming a commonplace thing they just shut off all NFC terminals.
If anything it would have better served them to allow these payment solutions to be used until CurrentC is out in the mainstream and then tried to give consumers a real incentive to use it (not that I would have used it anyway).
No, MCX is an attempt by a consortium of retailers to avoid merchant fees (2%-3%) when someone pays with a credit card.
They are trying to position it as "mobile" and "convenient", but it's really about getting consumers to cough up checking account numbers so the merchants can collect their money with an ACH transfer (and pay only a small amount per transaction -- I think it's about 25 cents).
As you said, they have been developing this for a long time. But,
Pay came out of left field and caught them with their pants down, before they could get it fully deployed. Apple just forced the issue.Unless they offer consumers significant discounts to use MCX, I think the consortium is going to find that consumers will decline to give up the fraud protection they get from using a credit card. The legal protection from ACH fraud is minimal.
I wouldn't worry about that CurrentC's usage model is so poor, it may be DBA, dead before arrival.
Hey, I don't care if you want to put your credit card information into your phone, or some website, or however you want to do it.
The immature uproar over some company not endorsing your chosen payment alternative is ridiculous though.
Cart stuffing, trying to convince everyone that you're idea is the only way, etc... that's ridiculous.
You'll have to eventually accept that some places will accept Apple Pay, and some won't. Just like people accept that some places accept American Express / Discover Card, and some don't.
Slamming an option based on a model that saves people money and is proven to leave more cash in the consumers pocket, while relentlessly trying to convince everyone that they should partake of ridiculous immature behavior in protest of stores which never intended to support Apple Pay is ridiculous.
In essence, your incessant need to convince the world to follow Apple, become angry, resort to childish actions, and so on..... You know what... take it easy, don't get so wound up... Use your phone where you can if you wish, and use whatever payment options are otherwise available when you're somewhere else.
This thread has shown that the fanboys are on a clear mission. It's not really about security. It's not really about saving time. It's about the longstanding tradition of taking on "The Man" and supporting "The Underdog" and fighting the good fight. The problem, is that somewhere along the way, people failed to notice that "The Underdog" became "The Man" that they were fighting against.
In the end, Apple Pay will be an "Also ran", another option that became available. It will not become the way of the world. Sorry.
There are not enough Apple Fanboys to make it a dominant player.
Apple's strategy relies on one thing, the success of the iPhone. But, the reality is that most iPhones are sold to people who already had iPhones. Just like most Macs were sold to people who already had Macs and felt they needed the latest and greatest.
iPhones aren't on a path of taking over the entire market. And, any store that places all it's eggs in Apple's cart will do more to hurt their sales than anything else.
Adopting a more universal payment option that is crossplatform is more sensible if someone is going to adopt an electronic payment system.
I personally have owned phones from every company. And, I will likely own other phones from other companies in the future. I have no strong ties to Apple's iPhone. Consumers are fickle. I've seen more people move away from the iPhone in the last year than buy a new one. And, the few who didn't move away, didn't upgrade to anything at all, some still use their iPhone 4.
I don't know anyone that is going to buy an iPhone 6. My cellular company offered a free iPhone 6 and 6+ update to all of their subscribers a couple of weeks ago, because they wanted to push them. Guess what, that was the quietest day I had ever seen in their history. Nobody showed up. I went in and paid my phone bill, and that was the first time I had never seen another person in the store besides myself. Usually they have about 60 customers backed up at any given moment. This time, major iPhone 6 give away, heavily promoted, signs everywhere, email campaign, text message campaign, and nobody showed up for a free iPhone 6.
I considered it while I was there to pay my bill, but ultimately preferred to stay with my iPhone 5. And, I'm glad I did.
You know what's really funny, a week later, they gave away Motorolla's, and the place was packed, and spilling out the door.
Sorry if this has already been asked but how do MCX intend on getting their CurrentC wallet on devices?
I mean if they are somehow expecting iPhones and Android phones to support their wallet app then they are extremely stupid, foolish, moronic etc etc etc. Apple and Google will obviously BAN their app from their respective stores.
Considering that most phones are either iOS or Android based then their app is going to be limited to a very few handsets out there.
This is just the craziest thing ever!
If they were smart they would continue allowing Apple Pay and Google Wallet to be used at their stores and then when their wallet is ready they could have slipped it in to the Apple and Google stores as an alternative payment option and then, at that point, they could have commenced encouraging their customers to use CurrentC. They could have even started offering their customers discounts, reward points and other benefits for opting to use CurrentC for their purchases. I mean that still gives the customer the "choice" to use the payment system they prefer.
I mean if I have a Mastercard and a Visa card, I want to be able to choose which card to use, not be told by the retailer that I MUST use Mastercard for example.
If I come to the US from Australia and want to purchase an item at a CVS Pharmacy that will mean that I wont be able to use any NFC payment system because MCX isn't available to Australians, it isn't global. Apple Pay and Google Wallet are global.
Apple and Google need to fight this thing. They have the backing of all us iPhone and Android phone users.
I mean if they are somehow expecting iPhones and Android phones to support their wallet app then they are extremely stupid, foolish, moronic etc etc etc. Apple and Google will obviously BAN their app from their respective stores.
Considering that most phones are either iOS or Android based then their app is going to be limited to a very few handsets out there.
This is just the craziest thing ever!
If they were smart they would continue allowing Apple Pay and Google Wallet to be used at their stores and then when their wallet is ready they could have slipped it in to the Apple and Google stores as an alternative payment option and then, at that point, they could have commenced encouraging their customers to use CurrentC. They could have even started offering their customers discounts, reward points and other benefits for opting to use CurrentC for their purchases. I mean that still gives the customer the "choice" to use the payment system they prefer.
I mean if I have a Mastercard and a Visa card, I want to be able to choose which card to use, not be told by the retailer that I MUST use Mastercard for example.
If I come to the US from Australia and want to purchase an item at a CVS Pharmacy that will mean that I wont be able to use any NFC payment system because MCX isn't available to Australians, it isn't global. Apple Pay and Google Wallet are global.
Apple and Google need to fight this thing. They have the backing of all us iPhone and Android phone users.
If anything, the issuing banks (who pay the fee, not the credit card companies) will actually save more money than they are paying Apple.
Pay all but eliminates a huge vector for fraud. Even if the credit card numbers snarfed up in the Target and Home Depot breaches were never used, the banks had to spend a lot of money cancelling accounts and issuing new cards. They won't have to do that for Pay users.The EMVCo tokenization standard implemented by
Pay completely secures the consumer's account information. Even if a merchant's system is completely compromised, the alias card number is useless without a cryptogram that can only be generated by the phone, and is only good for that one transaction.
And, I'd be finding a new doctor the second I found out you were making recommendations that weren't based on my medical health, but instead based on your iPhone 6 and love of Apple.
According to several reports about the MCX consortium, participation requires the merchant to not accept any other mobile-payment solution. Since
If this is the case, then Apple must/should have seen this coming. Seems like their model in the past has been to get deals in place with the big players before moving into a new industry; guess they couldn't get that done this time, and decided to roll out AP anyway, to "see what happens." (Any degree of adoption means more $$ for them... it's not something major to hang their business on, like iTunes.)
It's all pretty messy for the consumer... This MCX business seems very unlikely to catch on, and I wouldn't be surprised if it fizzles out in a few years, but I guess the momentum is strong and the retailers figure they have to take this shot at using new tech to edge out the cc companies (you'd think they would have had it in place several years sooner, though...)
Yeah, I'd find that amusing and dismiss it if I were an executive at some major company.
Clearly not. The user you replied to has been corrected over and over again, not only in this thread but others related to Apple Pay as well. That user keeps making the same claims that Apple Pay is inconvenient, insecure, and just plain bad. And now s/he is resorting to personal attacks, lobbing out fanboy accusations, etc.
false. it is retailer vs credit card. apple is just a different channel/partner for credit card.
Except that CurrentC doesn't doesn't even exist yet for the public. And the retailers are still paying the same exact fee for normal CC transactions. So, they aren't saving money. Nor are they allowing any cheaper alternative at present (well besides cash).
Fun Stufff!
I'm going to fill a big basket of cosmetics at CVS and go to the register and attempt to pay with apple pay. When it declines my form of payment, I'll just say, "Oh, well." and walk out leaving the basket of products there on the checkout counter.
I'm going to fill a big basket of cosmetics at CVS and go to the register and attempt to pay with apple pay. When it declines my form of payment, I'll just say, "Oh, well." and walk out leaving the basket of products there on the checkout counter.