Let's be honest, Apple Pay is hardly setting tne world on fire. Heck, it's not really doing much in general.
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Samsung Acquires Apple Pay Rival LoopPay
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Let's be honest, Apple Pay is hardly setting tne world on fire. Heck, it's not really doing much in general.
Well to be fair most of iphone 6's features have been available on samsung phones since 2012. So it would be expected for Galaxy s6 to have the same features as iPhone 6 does.
With Paypal you can credit your account, you can't do that with Apple Pay. And good for you being in an area you can use contactless! I am no where near that sort of environment and doubt very much I would even be able to use Apple Pay in that environment for a good few years. Unless I move to a city.
I can't see Apple Pay taking off anyway, but who knows, they have to convince the public at large to use it first and then stores may install the equipment in more areas.
I await to see a television advert for Apple Pay, we regularly get TV ads for Pay Pal.
same has been said about iPhones for years. now they are poaching human capital and knowledge/skill sets. all of this is normal business practice.
No sir. That's an oft-repeated myth.
Google has no way of knowing exactly what items we purchased, any more than the credit card companies do.
That's because the only related info that merchant POS terminals send up, is the merchant id and category, plus the total amount. They don't transmit a list of what was bought.
According to a leaked Apple Pay contract, Apple requires the credit card companies to provide extensive, though anonymous, information on types of payments, purchase amounts, locations, etc. This is reportedly one of the stumbling blocks in getting Apple Pay accepted by UK banks.
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In either case, it's not Apple nor Google that we have to worry about. It's the banks themselves. They not only sell anonymized information about purchases to ad companies (one of the reasons they paid Apple to let the info continue to flow to them), but more importantly they watch our personal spending habits for patterns that might indicate a future inability to pay. E.g. buying at a liquor store or paying for counseling in the middle of a work day.
In such cases, a proxy merchant like Google Wallet which hides the real merchant category from the banks might be a very desirable privacy feature. (However, Google's made deals with more and more providers to let the real category through in order for the user to get specific extra rewards, so it's not a reliable category hider any more.)
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As someone that used Apple Pay at a staples and then heard about the possible hacking, I agree. I spent three hours on the phone to get a new card when Target was hit. I spent two minutes on my computer to replace my Apple Pay 'card'
That's...exactly what I said. What on earth did you think I was saying?
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The bank fees aren't anything the cashier can control, that's automated in computers somewhere else.
You know what I meant. Apple's focus on a set number of features, making them as user-friends as possible, etc might be Samsung's checklist of what they want to include in the S6.
Hopefully, if their change in the marketing is anything to go by, they're more intelligent than that now.
So that's why I can only use it in one place where I live. Because it's gaining popularity at a good pace.
The issue isn't technological, but rather regulatory. The rules mandating a switch to EMV secured terminals isn't a strict requirement, so the technology will continue to work. However, merchants will themselves increasingly move away from it since failure to process a transaction using EMV will shift liability to them rather than the credit card payment processors. That's what the rule actually says will happen once the changes go into effect, so with the heightened risk of having to eat costs of fraud, etc., merchants will simply choose not to accept non-EMV transactions.
I didn't say it would become illegal. But if you can't find stores it works at, it doesn't work. From Oct 1, if a store accepts a magnetic stripe transaction on an EMV card for reasons other than technical fallback, they are liable for counterfeit card fraud.
That was a myth started by bad reporting.
Contactless payments have always been "card present". Google Wallet, Softcard, Apple Pay, all the same.
Apple Pay in apps is still CNP.
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Nothing has changed in either case with Apple Pay.
I don't think think some people understand... Mobile payments have been around for a while now, yes, but Samsung follows in Apple's footsteps. Apple adds touch ID (I know they weren't the first to implement the feature) then Samsung adds their own variant to their Galaxy line up the next year. Apple adds the "Digital Crown" to the Apple watch so you can use the device without obstructing the display in most cases, then Samsung are supposedly adding their own version that allows you to spin a dial (I really don't know what it is, that circular thing that has "12, 3, 6 and 9" that you can turn on top of most watches) so you don't obstruct the display (even though they didn't seem bothered about that with their previous iterations of watches). Now, their adding a "new" type of insecure payment system that will be obsolete within the next year or two. A year after Apple implements Apple pay. Samsung are going down hill fast, and even though I never like seeing businesses failing, on this rare occasion, I'm extremely happy that it's Samsung.
And then I'm sure they cried themselves to sleep because they lost your account! You go get em tiger
I'm confused. What card were you replacing on Apple Pay?
If it was a virtual Apple Pay one, why "replace" it at all? It's not like the token can be used by itself even if it was stolen.
Only if there was fraud. Many smaller merchants might not see fraud very often.
More importantly, the latest estimate I've seen is that only half the terminals will be ready by the deadline. And not very many customer cards will be chip anyway.
So magswipe's gonna be practical for years to come.
For those that are trying to down play NFC payments in Europe. I'm watching Coronation street (British Soap opera) and someone just used an NFC payment to pay for her groceries in the local shop.
The biggest problems seem to be educating people about contactless, and convincing them that it's secure.
Turns out that the use of contactless cards in the UK gets less the further away from London a person is:
Rumor is Apple was testing out models with NFC, which needed to be even longer for some reason-and this would also explain the lack of upgrade to the 4". No Apple Pay is possible-we'll see if it ever gets updated again.
What it suggests to me is "the larger the conurbation, the more NFC payment opportunities you'll encounter".
Why do you say they're going backward? LoopPay as it exists today (cloning physical cards) will cease to function most places with most cards by the end of the year. It will only cause "card must be inserted" messages.
LoopPay's announced strategy is to use tokenised dynamic magnetic stripe data, the EXACT SAME way Apple Pay works at merchants without EMV support (which is virtually all of them in the US).
This requires bank support, to issue these tracks. Just like Apple Pay. This works around the MCX merchants disabling contactless support, because it "talks" to the magnetic read head. It's clunky compared to NFC, and not ideal - but it has the potential to work more places and be just as secure.
My understanding is that a future Samsung phone will use NFC where possible and LoopPay technology (with dynamic tokenised data) at places without NFC or with NFC disabled.
The biggest problem with this plan is that the LoopPay technology is clunky and I can't see it really being possible to make it ultra-sleek...