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The tokenization handling happens upstream. FirstData, MasterCard etc. (tier 1 processors) know what to do with it. The whole point is the store shouldn't know or care about the credit card. Just that it was accepted or declined. Obviously if the store doesn't take MC or Amex then it reads as an invalid card as usual.

Apple Pay isn't some mystical new idea. The way they do tokenization is clever but the general methodology has existed for a while. The consumer end is just regular NFC as credit card companies, Google and Softcard have been doing for years.

Didn't say it was mystical or new.
 

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Didn't say it was mystical or new.
Understood and less directed at you and more at the general public who will end up asking the merchant if they take Apple Pay instead of just using the technology. Apple's success here relies on things just working at all POS stations, not just Apple blessed ones. NFC is fairly ubiquitous in major cities, and Apple Pay must work on what's out there to succeed.

Checkout lines are going to be screwed up for months if everyone spends 5 sec asking an unnecessary question about whether their phone will register a payment.
 
Understood and less directed at you and more at the general public who will end up asking the merchant if they take Apple Pay instead of just using the technology. Apple's success here relies on things just working at all POS stations, not just Apple blessed ones. NFC is fairly ubiquitous in major cities, and Apple Pay must work on what's out there to succeed.

Checkout lines are going to be screwed up for months if everyone spends 5 sec asking an unnecessary question about whether their phone will register a payment.

Interesting. So Apple gets a cut from every NFC payment made with an iPhone, regardless of whether or not the payee accepts those terms? Or is it simply the bank linked to Apple Pay that gets hit with the fee?
 
...so what about WalMart? They have NFC terminals... but will not be accepting Apple Pay.

Hmm?

see my post above. Apple Pay is compatible with all latest generations NFC terminals; but the merchant is always free to disabled some of the payment methods for whichever reason (cost, strategy...)

So NFC support is no guarantee of acceptance, but will be most of the time, as the default terminal setup for NFC capable terminals is to accept digital wallet transactions.

Some big retailers are opting out at launch, but will probably turn around if Apple Pay becomes successful
 
see my post above. Apple Pay is compatible with all latest generations NFC terminals; but the merchant is always free to disabled some of the payment methods for whichever reason (cost, strategy...)

So NFC support is no guarantee of acceptance, but will be most of the time, as the default terminal setup for NFC capable terminals is to accept digital wallet transactions.

Some big retailers are opting out at launch, but will probably turn around if Apple Pay becomes successful

Maybe it should just be called "Pay Apple", as far as the retailers are concerned.
 
Interesting. So Apple gets a cut from every NFC payment made with an iPhone, regardless of whether or not the payee accepts those terms? Or is it simply the bank linked to Apple Pay that gets hit with the fee?

Apple's cut is a cut back from credit card companies/banks, the merchant or consumer isn't directly impacted (of course there is no guarantee for them to eventually be indirectly impacted, but the idea is that the added security of touchID would reduce the cost of fraud)
 
After the U.S. launch, wonder which countries are next? Unfortunately doesn't sound like Canada is getting it for a few years at least.
 
...so what about WalMart? They have NFC terminals... but will not be accepting Apple Pay.

Hmm?

They probably disabled the NFC altogether. Many stores have done this for misguided reasons

Edit: From what I've been reading, Walmart allied with MXC and wants to use "CurrentC", which is some qr code system. They disabled NFC altogether (or at least plan to)
 
I own a business and would like more info on this also. Anyone know for sure

If you do own a business you should not be asking here about your payment options.

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I just made a shocking discovery :eek:

This is on Apples website http://www.apple.com/apple-pay/

Sure looks like anywhere that has NFC to me...

This would not mean that the store accepts Apple Pay but does support NFC or chipped creadit cards. The store or retailer would have to agree to the Apple pay terms and not all of them are going to jump on board.

It will be several years before all of this is widely accepted, no matter how bad Apple fans want to push this.
 
Sure hope Apple keeps the national list of stores that accept :apple:pay up to date.

Currently only 18 total retailers... not much at all.

Wonder what that # will be a year from now when the 6s arrives.
 

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NFC has been alround for years. 5 years? I had it in my Galaxy nexus 3 years ago. Wanted to use google wallet and freaking Verizon disabled.

The major cell phone carriers in usa wanted to support their own payment system (ISIS) now rebranded softcard?

Now Walmart and other retailer support another payment system. mxc?

Everyone ones a cut of the cash payment pie.

Microsoft will be next.
 
Does anyone have experience with Google wallet that can chime in?

I tried using Google Wallet with a Nexus 4 exactly one time and it failed, but neither I nor the cashier knew why it wouldn't go through. Never bothered with it again. :confused:

Google just didn't have the cachet to get vendors excited about NFC payments, so few of them knew how to support a Google Wallet transaction. I had it setup for years across multiple Android phones and never once did Chase ever contact me about it or encourage me to use it; Apple had their keynote and I had an email from Chase the next day encouraging me to check out Apple Pay and advising that they would be supporting it.

So that's my experience with Google Wallet.
 
[MOD NOTE]
This thread is not about google wallet but apple pay, lets stay on topic.
 
OP: Hi, do you accept Apple Pay?
Cashier: Yes

Funny, most store clerks can't tell me if they sell rice flour or even know what the hell it is but they're going to know whether they accept a brand new payment system that's not only exclusive to one company but also in its earliest stages.

Most sales clerks in Miami are idiots when it comes to knowing the merchandise. All they care about is doing enough to get their paycheck. (Nordstrom excluded on both counts, which I know both as an employee and customer, so I'm glad they're partnering with Apple) .

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Sure hope Apple keeps the national list of stores that accept :apple:pay up to date.

Currently only 18 total retailers... not much at all.

Wonder what that # will be a year from now when the 6s arrives.

I'm seeing a lot of people packing up into the care and trekking to McDonald's as soon as Apple Pay is released just for the **** of it.
 
Sure hope Apple keeps the national list of stores that accept :apple:pay up to date.

Currently only 18 total retailers... not much at all.

Wonder what that # will be a year from now when the 6s arrives.

this is it?!
 
[MOD NOTE]
This thread is not about google wallet but apple pay, lets stay on topic.

What?

Talking about experiences people have had with Google Wallet are very applicable to this topic.

IE: Google Wallet doesn't work everywhere you see the NFC logo, therefore confirming it is probably unlikely that Apple Pay will.

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It'll work anywhere at the 100,000 stores across the US that have contactless payments. This was said during the iPhone keynote.

No, it won't.

It will work at the 18 stores that have partnered with Apple so far.
 
...so what about WalMart? They have NFC terminals... but will not be accepting Apple Pay.

Hmm?

Not every Walmart has NFC terminals. The one in my town doesn't. They probably don't accept any NFC payments until they are rolled out company-wide. When I worked at Rite Aid, that's how it worked... my store got NFC terminals before many others, and we had to wait six months or so until they were installed nationwide before ours were turned on.

For what it's worth, ours did not have any sort of Google Wallet logo or signage, yet it was still accepted. In fact, I never saw anyone use an NFC card; everyone who ever used the system at my register used an Android phone. Not that many did, though. I worked there for a year and a half, and for about a year of that we had NFC enabled, and I saw it used 2 or 3 times only.
 
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