this is the cool part you will have to put in a pin code for every transaction. so instead of giving the person at starbucks your iphone starbucks card app or a credit card you will have to open the NFC app, wait for it to sync with the POS machine, put in code, wait
Google Announces Major Push Into NFC Payments With Google Wallet
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this is the cool part you will have to put in a pin code for every transaction. so instead of giving the person at starbucks your iphone starbucks card app or a credit card you will have to open the NFC app, wait for it to sync with the POS machine, put in code, wait
jayducharme
macrumors 601
That's what I was thinking. Plus, if you lose your phone, how would you call to cancel transactions on your phone? At least if I lose my wallet I still have my phone. There are some disadvantages to having your entire life stored on a single device.
... and after that, you will be shafted.
You have that right and Apple. Well Steve, it has been said, is waiting for people to screw this up and the iPhone NFC will "do it right." Those with the NFC, smartphone-based transaction IP was kicked to the curb in Cupertino after the "social trails."
There supposedly was a few hired models with RFID chips embedded in jewelry and fingernails and storing Facebook URLs going to clubs and bars for the past few months over select parts of the bay. Results were too "social freak" and the technology is considered immature for mainstream.
It was inevitable that Google is going to give it a try. If they don't take it, I'm sure Microsoft would do anything to get a leg up.
lord patton
macrumors 65816
As much as I don't want NFC payments, I want NFC payments via google even less.
jclardy
macrumors 601
Haha, yeah if your phone is busted you can't get a new one because your wallet is inside of your phone
I saw in the presentation that the NFC chip is only active when the screen is on, so they would have to do it while you are using the phone.
They had mentioned that NFC chip is not powered if the display is turned off, and the display has to be unlocked for NFC to work.
algiris
macrumors 6502a
Same here. I like to feel paper in my wallet.
Consultant
macrumors G5
So google can sell your spending habits to advertisers. No thanks, I'll stick with my mileage card.
In the Q/A session, they mentioned "If you lose your phone, a bad guy can't pull your card information off it -- even if they've got the PIN."
That's from thisismynext.com
hundleton1
macrumors 6502
Unless the card companies do something to sort small retailers out this wont change a thing in the UK, most wont accept a card payment below £10 or they charge a fee for the low transaction, last week a garrage tolb me that any transaction below £10 gets a £1.50 charge , i just walked out and kleft my stuff on the counter, how is this going to change with NF???, the handler is still going to charge the shop of the transaction.
unless they drop fees for low value transactions it wont change a thing in the uk.
, i just walked out and kleft my stuff on the counter, how is this going to change with NF???, the handler is still going to charge the shop of the transaction. unless they drop fees for low value transactions it wont change a thing in the uk.
coder12
macrumors 6502a
A co-worker already had this happen with his credit card that has the built in chip- a number of his neighbors got their information stolen from a van that drove through the neighborhood at night and gathered data from cards (anyone have an American Express Blue), while people slept.
This is only going to make identity theft much much easier.
Stupid idea on behalf of Google and if Apple does it, same with them, unless they can absolutely positively guarantee all the information is secure and protected.
ArtOfWarfare
macrumors G3
I suspect any vendor accepting NFC payment would have a universal cable allowing you to give your dead phone just enough juice to make the transaction.
If you already need to take your phone out, launch the app, enter your PIN and accept the transaction, then it shouldn't be that much of an effort to plug your phone in at their terminal in case your battery is dead.
Mattstkc
macrumors 6502a
Apple-Google love returns? I love all things i, but Google really knocked it out of the park with this one. Gift card, deal, coupon, loyalty card and payment options in one. Not just one app, but one tap.
C'mon Steve, just admit defeat on this one and put it in iPhone 4GS/5
C'mon Steve, just admit defeat on this one and put it in iPhone 4GS/5
Oletros
macrumors 603
Can you explain me how can it be done when NFC has a reach of moreless 25-30 cm?
You are going to regret all the additional charges. This is no Freebee folks.
smithrh
macrumors 68030
Honestly, this is the LAST THING any sane and aware person should want.
Google fooled some people with bribes, that's clear and sad at the same time.
Oletros
macrumors 603
What? I'm still trying to figure out why you would be looking at your phone all the time because of an NFC payment system.
smithrh
macrumors 68030
Unless the card companies do something to sort small retailers out this wont change a thing in the UK, most wont accept a card payment below £10 or they charge a fee for the low transaction, last week a garrage tolb me that any transaction below £10 gets a £1.50 charge
unless they drop fees for low value transactions it wont change a thing in the uk.
Just FYI, the card agreement that vendors sign with the card companies in the US specifically rules this sort of behavior out. If you take Visa (for example), there's no minimum charge amount that you can charge.
But yes, many vendors have signs up that request minimum payment levels, but if a rep from Visa or Mastercard would walk in an see that sign, the vendor could lose their ability to take CCs altogether.