I don't trust Apple pay

[simon48]

Why not? Most people charge their phones every day. And if they've left the house, they probably have their phones with them.

You realize the payments use very little battery power, right? Turning on your phone and using Touch ID would not even use 0.1% of the battery life on an iPhone 6. I think you can spare 0.1% out of the day.

If your phone dies, then you pull out your credit card and swipe it. Apple Pay works on the principle that you already have a credit card. It's simply for added convenience, security, and to add an option.

Agreed. Most people are still going to have their wallet on them for their ID, gift cards etc. and maybe some cash. Just keep your credit card in there in case you need it. Adoption isn't going to hit 100% anytime soon so you're going to need to carry your cards anyway.


OP, I understand that you don't want to use Apple Pay, that's fine, that's your choice. But it seems to me like you're flinging a bunch of misinformed info at the wall to see if anything sticks and someone agrees with you.

As others have said, almost everything you are saying is either a personal opinion or is clearly incorrect.

"Apple Pay has the same problems as Bitcoin: There's no reason for the regular consumer to use it," he says. "Why would a consumer want to make a $100 purchase with Bitcoin when the consumer can pay with a credit card and get 2 percent cash back?"

It's not like Bitcoin and you still get rewards.

Try leaving all your cards at home and you'll quickly find that all your digital cards will be of no use to you more than half the time.

You don't need to leave your cards at home.

I was just responding to what others in this thread have said. In reality, Apple isn't doing anything that hasn't already been done. The trial was if they could do it better.

Many people don't even know passbook exists.

The number one problem is that you can't use it anywhere. That's enough to give it a fail.

Well, it hasn't launched yet so it hasn't had a chance to gain traction. Apple has an incredibly good track record of taking something that's already been done and making it better and extremely popular. Why does it matter if people don't know about Passbook?

That's a big question a lot of people have is, what happens when your phone dies?

You open your wallet and use your physical card.

Because the banks will soon stop giving consumers 2% cash back. They'll need to - in order to cover their increasing losses from mag stripe fraud.

Which is where Apple Pay and chip cards come into play. Cash back is a huge marketing push. I don't see any reason why they would get rid of it when several things on the horizon to that will help decrease fraud.

 

[TruckdriverSean]

Because he has an android

I don't usually say such things, but I'm about 99.9% sure we're dealing with a shill on this one.

 

[tigres]

I guess the question is, do you understand the current magnetic stripe payment card system and why tokenization (which is what Apple Pay uses) is way more secure?

Do you understand that with Apple Pay, your credit card information is NOT even stored on your iPhone, nor is it stored on Apple's servers. Moreover, and this is the real kicker, your credit card information is NOT even transmitted to the merchant (that means the store) and is not stored on the merchant's systems.

So the Target and Home Depot credit card breaches could NOT have occurred, had those transactions been conducted via Apple Pay. Why, you ask? Because with Apple Pay, there would have been no credit card information on Target's or Home Depot's systems for the criminals to grab via malware (memory scrapers).

In fact, EVEN IF criminals were to access or obtain the token (which is NOT your credit card info) that is transmitted to the merchant for Apple Pay transactions (and in turn transmitted to the card network and your issuing bank for authorization), the token itself has NO intrinsic value and is useless to any hackers or criminals.

So there, in a nutshell, you have it. Apple Pay is AWESOME. For both the merchant, the consumer (that's you) and the card industry as a whole. There's nothing to "believe in" - its not religion. It is based on known and quantifiable standards, such as this (the EMV Payment Tokenisation Specification):

https://www.emvco.com/specifications.aspx?id=263

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[/COLOR]

What are you doubts? What could go wrong that already can't go wrong with the current payment card system?

Great post. Nothing to add.
/ thread.

 

[nouveau-apple]

You still need the cards for Apple Pay to work in the first place. its more of a Passbook feature than anything else, which, by the way, still can't add loyalty cards like other apps can.

Apple doesn't want you to throw away your cards. It's not any better than using chip and pin either, it's just another option out there.

I'll set up my Apple Pay, but I'm also prepared for when I won't be able to use it.

I also use my phone at Starbucks too but revert to using my physical gold card when my phone dies. And it does. Every iPhone I've had does.

And instead of handing my card at the drive thru, are you supposed to reach your phone though the window?

 

[myscrnnm]

I also use my phone at Starbucks too but revert to using my physical gold card when my phone dies. And it does. Every iPhone I've had does.

If your phone is dying by the time you get your coffee, then you need to reevaluate how you're using your phone, or invest in a battery case or external charger if a full charge cannot get you through a day. Either way, that's not an Apple Pay problem. For 99% of people battery life is not a significant factor when it comes to mobile payments considering the screen-on time will be less than a minute.

 

[bigred7078]

You still need the cards for Apple Pay to work in the first place. its more of a Passbook feature than anything else, which, by the way, still can't add loyalty cards like other apps can.

Apple doesn't want you to throw away your cards. It's not any better than using chip and pin either, it's just another option out there.

I'll set up my Apple Pay, but I'm also prepared for when I won't be able to use it.

I also use my phone at Starbucks too but revert to using my physical gold card when my phone dies. And it does. Every iPhone I've had does.

And instead of handing my card at the drive thru, are you supposed to reach your phone though the window?

Step away from the keyboard....

You have absolutely no clue what you are talking about. You are just typing away without regard for what appears on the screen.

If you are going to try and make some point about not using Apple Pay please be educated on the topic first.

Yes, of course you still need to have a credit card...
Yes... Yes it is a passbook feature...
Yes it is another option...

What's your point?

My phone lasts all day... Do you think the only time you will be able to use Apple Pay is once your battery has died? This is clearly just you trolling for the sake of it.

 

[Applejuiced]

... and as an added bonus you have given me one more person to add to my ignore list.

Same here.
Its like talking to a wall

 

[nouveau-apple]

Step away from the keyboard....

You have absolutely no clue what you are talking about. You are just typing away without regard for what appears on the screen.

If you are going to try and make some point about not using Apple Pay please be educated on the topic first.

Yes, of course you still need to have a credit card...
Yes... Yes it is a passbook feature...
Yes it is another option...

What's your point?

My phone lasts all day... Do you think the only time you will be able to use Apple Pay is once your battery has died? This is clearly just you trolling for the sake of it.

I don't appreciate your snippyness and rudeness.

 

[caesarp]

You still need the cards for Apple Pay to work in the first place. its more of a Passbook feature than anything else, which, by the way, still can't add loyalty cards like other apps can.

Apple doesn't want you to throw away your cards. It's not any better than using chip and pin either, it's just another option out there.

I'll set up my Apple Pay, but I'm also prepared for when I won't be able to use it.

I also use my phone at Starbucks too but revert to using my physical gold card when my phone dies. And it does. Every iPhone I've had does.

And instead of handing my card at the drive thru, are you supposed to reach your phone though the window?

Better than chip and pin. As you need the physical card with chip and pin. Also you need a pin. Or more likely, Chip and sign in the us. So you need to sign.

 

[bigred7078]

I don't appreciate your snippyness and rudeness.

You would get respect if you actually took the time to research what you are talking about. Instead your main argument is that it will be a failure because all iPhone batteries die....

 

[Rukiri]

What are the problems here? All major banks and credit cards are accepting it, and you think they would just not offer it if it were THAT big of a deal. Fact is, it's pretty secure and closest thing to basically just pressing a button and off you go.

Google Wallet was close but failed on the business and bank part of it.

 

[tjl3]

You still need the cards for Apple Pay to work in the first place. its more of a Passbook feature than anything else, which, by the way, still can't add loyalty cards like other apps can.

Apple doesn't want you to throw away your cards. It's not any better than using chip and pin either, it's just another option out there.

I'll set up my Apple Pay, but I'm also prepared for when I won't be able to use it.

I also use my phone at Starbucks too but revert to using my physical gold card when my phone dies. And it does. Every iPhone I've had does.

And instead of handing my card at the drive thru, are you supposed to reach your phone though the window?

You are misinformed. Tokenization is more secure than chip and pin. Chip and pin still passes your credit card information, where tokenization does not. With Pay, one cannot steal your device account number and use it to make a transaction. Security/NFC protocols make it so. On top of which, your sensitive information is never displayed, unlike if someone were to lift your card.

Then there is eCommerce to consider. They Pay is a big step to completing online transactions without entering any sensitive information, i.e. you're almost completely safe from online credit card fraud. This is one area that chip and pin does not help whatsoever.

 

[Supermallet]

Apple Pay is definitely more secure than chip and pin. It's weird to say that you don't trust Apple Pay when our current system is just a free for all for hackers and thieves. Apple Pay actually addresses and attempts to fix the deficiencies in our current system. It's part of the reason so many financial institutions are already on board with it.

 

[CoilTap]

Then there is eCommerce to consider. They Pay is a big step to completing online transactions without entering any sensitive information, i.e. you're almost completely safe from online credit card fraud. This is one area that chip and pin does not help whatsoever.

Apple Pay is not available for the web, only for native applications.

I do like everything about Apple Pay, but as far as online tokenization goes, PayPal is the king to be dethroned. I don't see Apple doing that very quickly, especially since you can't even use it on websites at present.

 

[tjl3]

Apple Pay is not available for the web, only for native applications.

I do like everything about Apple Pay, but as far as online tokenization goes, PayPal is the king to be dethroned. I don't see Apple doing that very quickly, especially since you can't even use it on websites at present.

Didn't mean to imply that it already did. But you have to think that in-app payments is the step before regular online payments. They'll be knocking at Paypal's door soon enough.

 

[AdonisSMU]

I have my doubts too, but will likely use Apple Pay after it is up and running for a while.

What I do not like is if something goes wrong, it could go very wrong.

That can always happen. When someone tries to commit fraud with my bank account, the bank just randomly shuts down my card and i don't know about it until I get denied and I know I have plenty of money in my account for the item I want to purchase.

 

[CoilTap]

Didn't mean to imply that it already did. But you have to think that in-app payments is the step before regular online payments. They'll be knocking at Paypal's door soon enough.

I'm not sure if they will. The minute it's available on the web is the minute you can use Apple Pay on an Android phone. I feel like Apple likely wouldn't allow that to happen for branding reasons, even if it meant more money in their pocket.

 

[erzhik]

What are you concerned about. Fraudulent card charges? If they happen under the current system you are not liable for the charges. Same with Apple pay. But it is a billion times less likely to have fraud with Apple pay.

It's unproven technology. Can't trust something that's just in it's infancy. Give it a year and you'll see that there is a security loophole or something.

 

[tjl3]

I'm not sure if they will. The minute it's available on the web is the minute you can use Apple Pay on an Android phone. I feel like Apple likely wouldn't allow that to happen for branding reasons, even if it meant more money in their pocket.

I maybe dreaming, but I imagine this. I'm browsing on my iPad, let's say I'm shopping Banana Republic. I hit checkout and it uses some Apple API where it knows I'm browsing on an iPad. Immediately it brings up the Pay interface, I scan my fingerprint and I'm done. That's even easier than Amazon One Click, easier than Paypal!

On the subject of Pay on Android, something tells me that these patents are going to be licensed. That this method is backed by banks tells me that iPhone is just the first step for widespread adoption, but we'll have to wait and see.

 

[CoilTap]

It's unproven technology. Can't trust something that's just in it's infancy. Give it a year and you'll see that there is a security loophole or something.

Tokenization is not an unproven technology nor in its infancy, neither is NFC. Apple isn't new to card security or card storage. They've been doing it for years. All those things considered, I think there's a pretty low margin for error here.

 

[JayLenochiniMac]

It's unproven technology. Can't trust something that's just in it's infancy. Give it a year and you'll see that there is a security loophole or something.

NFC and tokenization have been out for over a year. Apple is just late to the game.

 

[Arran]

I also use my phone at Starbucks too but revert to using my physical gold card when my phone dies. And it does. Every iPhone I've had does.

Keeping your phone charged will become second nature. Just like keeping gas in your tank.

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...Cash back is a huge marketing push. I don't see any reason why they would get rid of it when several things on the horizon to that will help decrease fraud.

Agreed. I was meaning they'll get rid of it for mag cards. That'll get everyone using something more secure.

 

[simon48]

Agreed. I was meaning they'll get rid of it for mag cards. That'll get everyone using something more secure.

They just send you a new chip card and deactivate your old one. No need to incentivize people, just send them a new card.

 

[terraphantm]

It's unproven technology. Can't trust something that's just in it's infancy. Give it a year and you'll see that there is a security loophole or something.

Considering there is essentially 0 security now, I don't see the point of waiting. Best case scenario is that the system is completely secure; worst case is that we're in the same position we've always been in (which I don't see as realistic)

 

[greytmom]

Anyone else hoping OP's phone has died?