I understood that you were taking a jab at the Apple Pay lawsuit with sarcasm.
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Google Wallet Sees Surge in Usage Alongside Apple Pay Launch
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I understood that you were taking a jab at the Apple Pay lawsuit with sarcasm.
Which part? because it sounded more like sarcasm regarding a law suit than sarcasm about anything else.
My bad. I must have misinterpreted. Or, maybe it was just a horribly placed sarcasm, with no originating reference.
Speaking of sarcasm, I like pizza.
When in Rome.
See what I did there?
How does that system prevent fraud if someone steals your microchipped card? I'm just curious.
PIN and Chip technology. Transaction cannot go through if you don't enter the correct PIN code in the terminal. Similar to how a bank machine won't dispense money if you don't know the PIN.
the NFC "tap" though, doesn't have any real security in it right now. Something that mobile Applications can do better. Right now, if you have paypass, or whatever tap to pay system on your credit card, there's a maximum you can do a day this way. I think mine is $40 maximum i can tap via NFC.
The future of hacking/identity theft is here...
actually its a lot safer then what we had in the past
Doesn't matter
I would love to us this tech but...
Doesn't matter until the local bank accepts/integrates it.
Called Regions here in town and they are completely in the dark on the subject.
I would love to us this tech but...Doesn't matter until the local bank accepts/integrates it.
Called Regions here in town and they are completely in the dark on the subject.
Funny as many times as I had the opportunity to use paypay at a retailer never had the desire.
PayPal has too many steps involved for it to be popular, much like CurrentC, Apple Pay is just a tap away.
This is what Apple does best in not being the first to start something, but to get everyone to start doing things their way
The OP you responded to was this:
This is obviously not meant to be a serious question due to:
*Reference to google wallet not accepting apple pay - if I have to explain how this is not meant as serious, you will not understand anything on this site anyway
*Class action lawsuit - reference to the class action lawsuit publicity stunt about CVS/Rite Aid
*The use of three "z"s in "lawsuitzzz"
NFC penetration level is similar in Canada and the benefit would be obvious - fraud protection and no transaction caps. NFC transaction cap in Canada has been recently raised to 100$ (I think it's the same in Australia). It's nice to have a fairly high transaction limit but the downside is that if your card is lost or stolen somebody can quickly charge up a lot of money to your card before you even notice it's gone. Plus with touch id authentication there need not be ANY transaction limit at all when you use Applepay as opposed to tapping you card.
Lasty, you won't need to carry all your cards with you at all time - just carry your phone. It might be too early for that now as NFC acceptance is still not universal but we are probably getting there in a couple of years.
I know, I hope this method proves to be safer, but I still have my doubts. I'll way a year or see and see what develops.
We had, we killed.
We started phasing out the passive NFC on physical cards back starting in 2011 because it's insecure. Why can't the aussies catch up?
Enjoy giving your account credentials away for every retailer to store in their multitude of databases? Prime for hacking? You guys are odd.
A reference to Google Wallet not accepting Apple Pay was my whole point.
If you think that was sarcasm, you have a skewed view of what sarcasm is. Could I classify it as a troll-like comment? Sure. Let me put it in terms you might understand..
I was not a sarcastic comment. I'm a fan of clever allusion, and wordplay - and it was neither - just mindless. You have proven your point though. I will just lower my expectations.
Leave it to Apple to help stimulate the entire industry (the entire NFC-based payment industry, that is).
For what?
Having NFC disabled on thousands of pay terminals thanks to Apple Pay and their intrusive methods to force a payment method.
Im not talking about the Paypal of today.
Im talking the Paypal of tomorrow, after it splits from eBay, starts to make some moves.
Just so you realize Paypal will make a ton more money than ever before as it benefits from Apple Pays growth.
This is good news. I think apple pay and Google wallet need to coexist for this technology to continue to evolve. Perhaps Google may need to reconsider where the data is stored, as I think local device is more secure overall, but that is part of the evolution process. Regardless, the faster this takes off the less likelihood people will remember/want CurrentC.
The future of hacking/identity theft is here...
And what, we were safe using credit cards and debit cards and ATM's? ApplePay is still ahead of those 3 options in terms of security. And before you say "cash" are you seriously going to carry wads of cash with you? If you are then simply indicate where you'll be approximately and some friends of mine would like to meet with you. Nothing is truly safe in terms of payment options, but ApplePay comes close.
Personally my personal bank account was hacked twice: once via ATM and once via debit machine. Knock on wood I haven't experienced identity theft.
The PayPal of tomorrow will end up like the music industry. Apple's death Star is fully operational....
