It also seems that every other country on this world uses bank provided terminals en masse, which makes it VERY easy to deploy things like contactless (but also very hard on customizing it to your needs). In the US, most stores use proprietary systems for each store, which are fully integrated with the POS, rather than bank provided equipment. (Which explains why most mom and pop stores in the US have Apple Pay, because like Australia, they choose to use the bank provided equipment, rather than a full POS system). No sane store like Walmart in the US is going to use standalone bank provided bank terminals.
Something called EMVCo Certifications. These are still very backlogged, as they had a whole country the size of a continent with billions of different point of sale systems and credit card readers all wanting certifications at once. Whereas in other countries, they just had to certify a few bank provided models, and those were what you had to choose from.
Never claimed they did.
The Redcard credit card is actually issued by TD Bank. Not sure about the debit card.
Within the limits that I described. If you disclose your identity even once while making an Apple Pay transaction (e.g. by using the loyalty card or allowing Target to scan your ID when buying alcoholic beverages), the merchant can track and link your future purchases to you via the DAN, regardless of which card you use. Large retailers like Target and Walmart have gotten very good at this.
It's surprising to me to hear that Walmart in Canada doesn't have contactless enabled. Every time one of these stories pops up the comments are inundated with Canadians swearing up and down that they use contactless payments EVERYWHERE. I'll keep this little nugget of information handy for the next time I see one of those comments.
Why? Cupertino is Apple's HQ, not Target's. To Target Cupertino is just a city in California most people haven't heard of. I would expect them to roll it out in Minneapolis first, since that's where Target's HQ is.
To add to it, when Target was in Canada, Target opted for the Verifone Mx880 there, with no contactless either.
Dude, you have no idea what you are talking about. I've said what needed to be said for people who are willing to learn.
I tried, but I couldn't let it go.
NFC isn't secure at all, nor should it be considered secure. What makes credit card transactions over NFC acceptable is that the transactions themselves are secure because of the cryptography performed in the secure element of the card/phone.
You could perform such a transaction using bullhorns in the parking lot and it would still be secure, despite the fact that the transport mechanism isn't. The only thing that matters is that the card/phone can authenticate messages to the bank in a trustworthy way and no one in the middle can modify the messages and retain that trust and that no one can (at a reasonable cost) clone the secure element. Nothing between the bank and the card/phone is trusted, nor should it be.
There have been supply-chain attacks on the terminals, but the most you can do by tampering with the terminal is capture the PIN and card number or modify the transaction details (like add a few cents to the amount, but then the merchant could do that himself too) before it gets authenticated by the card. Capturing the PIN/card combination could be used in CNP or mag stripe transaction attacks, but Apple Pay is immune to that because the virtual card number cannot be used for CNP or mag stripe transactions.
Though Walmart Pay isn’t bad; I still prefer Apple Pay. Walmart Pay does have other advantages though like eReceipts, and express returns.
