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Many Retailers Hesitant About Offering Support for Apple Pay

SqB said:
Right! 1-2 more high profile hacking schemes. 1-2 cleverly placed articles about how Apple Pay users are completely unaffected. Apple begins printing money with Steves picture on it.

Could have been Google wallet. Wasn't. Could have been PayPal. Wasn't.
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Like the one about Sears/KMart today? How they are not using ApplePay on tech sites and then how they were hacked on news sites???
 
coolspot18 said:
It requires a supported payment network to handle the tokenization. Currently only American Express Direct, Chase Paymentech, First Data Compass, and GPN will support Apple Pay.

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Or done through a secure SIM like in Canada.
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You mean like ISIS does currently in the US too. Too bad the carriers have their greedy hands inside of the mobile payments industry preventing Google Wallet from taking off. Nobody wants to switch to Sprint just to be able to pay for stuff with their phone...this is why mobile payments didn't take off.
 
dontwalkhand said:
Nobody wants to switch to Sprint just to be able to pay for stuff with their phone...this is why mobile payments didn't take off.
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Not necessarily, in Canada, the banks use the SIMs as the secure element for their mobile wallets. The transaction goes through your bank account and not billed against your mobile provider.
 
Lol! Kmart has been hacked

macrumors said:
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though apple is launching apple pay with a number of high-profile retail partners including macy's, disney, whole foods, sephora, walgreens, and staples, among others, there's a long list of retailers who have decided not to offer apple pay in their stores.

Walmart and best buy, for example, have been two high-profile companies that have vocally opted out, and the daily dot has compiled a list of several other retail outlets that have no current plans to support apple pay. Clothing store h&m said that it has no plans to accept apple pay at this time, as did high-end retailer coach.

a bed, bath & beyond spokesperson said the company was "unable to participate," while a spokesperson for retailer belk also said "we don't have the capability to accept apple pay right now," suggesting the store has not adopted payment systems with nfc capabilities.

Sears, kmart, and publix have also said they won't be accepting apple pay, as has gas company bp, though bp stations may be able to accept apple pay in 2016.some fast food restaurants aren't on board yet either, including pizza hut and chipotle, while others, like kfc, are "looking into the prospect of accepting apple pay" but have no timetable for support.

It's important to note that even if a retailer does not explicitly state that it offers support for apple pay, the apple pay payments system will work in any retail store that allows contactless payments via nfc. Many modern point-of-sale (pos) systems come with nfc capabilities, and apple is counting on regulatory changes that will require merchants to update their payment hardware over the course of the next year.

As of october 2015, merchants that do not offer support for emv credit cards (cards that contain integrated circuits to prevent fraud) will assume responsibility for any fraudulent transactions that take place. Normally, banks assume liability, so it is in the best interest of retailers to deploy these new payment processing systems. Emv cards, or chip cards, are already used in many other countries around the world.

Though many merchants will be upgrading to new payment systems, many of which offer nfc, these upgrades take time and it may be several months before retailers decide whether or not to adopt nfc to allow them to process payments through apple pay.

The list of merchants not on board with apple pay is considerable, but contactless payments are growing in popularity and with the help of apple pay, the adoption of nfc systems may accelerate even faster. According to apple, more than 220,000 retail stores across the united states will be able to accept apple pay.

Apple pay is expected to roll out in october as an update to ios 8. Ios 8.1, with hidden apple pay settings, has already been seeded to developers for testing.

Article link: many retailers hesitant about offering support for apple pay
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the verge posted today that kmart is the newest company to have been hacked.
 
Amadeo said:
Speaking from experience of working in the retail marketing space, the single biggest reason why it'll be quite a long time before NFC/Apple Pay is ubiquitous, is because of cost. People seem to think it's as easy as flipping a switch to support a new payment format. It's not. It requires an upending of the point-of-sale infrastructure. Not that they shouldn't invest in the future, but it's an EXTREMELY expensive endeavor. It's tough enough for some retailers to even change the way their receipts print out. Changing the kinds of technologies they accept for payment...

We've got a long road ahead of us.
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THIS. We can even use Microsoft as an example of why Apple Pay will not immediately take off—it was just earlier this year that they ended all support for XP, yet there are still quite a few devices out there in the retail/commerce space that are still running it. Why? Cost. It's not cheap to upgrade devices, buy/code new software, and even train people on said software.

Same thing applies here. Anybody who thinks Apple Pay is immediately going to be ubiquitous once Apple flips the switch needs to get their head out of the clouds, because it simply won't happen like that.
 
Zxxv said:
Dear Apple

Just roll it out in the UK, we are ready. We have the NFC terminals. Bring it. Let the US see what they are missing. Let them see how its done. Make them feel inadequate. They don't like that feeling. It'll make them rush to implement it quicker.
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Haven't you noticed the US is WAY behind the rest of the world in pretty much every thing? High speed internet, these types of pay options infrastructure ect. We think we're the top poo but we aren't. All the bravado is simply our huge egos talking.
 
RedWing512 said:
THIS. We can even use Microsoft as an example of why Apple Pay will not immediately take off—it was just earlier this year that they ended all support for XP, yet there are still quite a few devices out there in the retail/commerce space that are still running it. Why? Cost. It's not cheap to upgrade devices, buy/code new software, and even train people on said software.

Same thing applies here. Anybody who thinks Apple Pay is immediately going to be ubiquitous once Apple flips the switch needs to get their head out of the clouds, because it simply won't happen like that.
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However, pundits will use that as an excuse to claim that Apple's demise is nigh, just like with everything Apple's ever made.
 
SqB said:
Kmart says it will not participate in secure payment system. In other news, Kmart hacked.

If I was paranoid...
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LOL
Kmart, JC Penny, Sears, Best Buy will all be filing chapter 11 soon probably IMHO.

Investing in new hardware is probably not on their books.
 
dontwalkhand said:
Did you have to root the phone? There was a point in time where you couldn't use Google Wallet unless one switched to Sprint to get the Nexus S
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Early in the game, yes, Google Wallet was only on Sprint. Soon after it came to all carriers and it worked extremely well. Then the carriers got greedy and blocked it, so you did have to root. Google came out with a update to use HCE instead and now you don't need to root anymore.
 
Apple really played itself with this. They really thought they could change the way business is conducted by using a phone with a poor battery life to pay and installing expensive equipment.

Apple pay is DOA.
 
Translation: A lot of retailers don't want to spend the money on the new gear required for this until they are forced to later in 2015. I think Apple timed this perfectly.
 
The second I start losing business because people only want to pay using Apple Pay is the second I set up the infrastructure at my shop to accept it. Until then, not changing a thing!
 
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