Good luck with that. I'll just use my credit card, just like in the restaurant I'll eat at after. nobody will give a crap if the price is right and they have a card with them anyway.
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Target Working on QR Code Mobile Wallet as Apple Pay Holdout Continues
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This is where Samsung has the upper advantage. Samsung Pay is MST & NFC. Stores that intentionally disable NFC will still work with Samsung Pay thru MST. EMV-enabled readers also work on Samsung Pay's MST. So while Apple and Google try to convince these retailers to support NFC, Samsung can sit back and wait.
Haha. I wouldn't be surprised to see a few members with significant business experience who would be qualified.
But really, as far as Tech stuff goes this is about as obvious as seeing our parents not knowing where to click on a computer. Sure, when we are kids one may say our parents know and do a lot of stuff we know nothing about.. but in that instance we are much smarter than our parents.
In this instance id say he average Mac rumors member knows more than this CEO about tech.
I will wager good money on the collapse or relative irrelevance of this service. It's a very safe bet.
Here's some fundamental reasons why:
1. It only works for Target. One will have to be a really big fan of Target to use an exclusive payment platform.
2. Requires QR codes, which are confusing or cumbersome to most and less reliable than NFC or swiping a card. Ever see cashiers struggle to scan a bag of chips cause the scanner won't pick up the bar code? Scans are just not as good.
3. As far as its been announced, there's no financial incentive. Maybe if they do a 5% discount or something it'll be worth the hassle. But if it's just another payment system, most won't bother. Lots of people can't be bothered with rewards cards or programs as is, which are way easier to utilize.
4. Most people over 40 barely know how to use their phones to make phone calls or send texts. They will not fumble to try to pay when they can still pay the way they used to (credit card). Putting a phone near the terminal and touching the home button is way simpler.
I don't care if you track me, just let me use my damn Apple Pay? You know how other stores do this? A LOYALTY CARD!!! So why not just issue a loyalty card and avoid this heap of mess all together? After all a loyalty program seems to be working just fine for Walgreens.
All of these Apple Pay alternatives seem to be ridiculous Rube Goldberg crap. JUST BITE IT, and sign up with Apple Pay.
Our local grocery did, and they love it...
Our local grocery did, and they love it...
Walmart is essentially doing the same thing from what I read a while ago.
Is Apple Pay that much of a hog through fees? What are the fees?
I found out, through getting a merchant account for my business, why many places don't take American Express. Their 'merchant fees' were twice the fees of the other cards.
True. And yet...
... many people here have said that having QR codes on their iOS device (for e.g. boarding passes and concert tickets), is quite useful, and have not had much difficulty with them.
I went to the MFA in Boston, and there was a piece of 'Modern Art' that had QR Codes all over it, and I couldn't get even one of them to scan. It was very pointless...
I've had problems scanning QR and other codes. It's a total way to track their customers, and I don't want to be tracked that way.
Like i said before, I didn't think I'd care about Apple Pay at all, but it HAS been replacing my wallet. I've been slowly shuffling around the places i usually shop, so i don't bother with the places that don't accept it much anymore. The prices are the same, so i go for convenience, and security.
They have one. It's called Cartwheel. It's on your phone. So if they want to track me, they can do just exactly what Walgreens has done. Problem is that requires me to opt in, they don't want me to have that choice. So develop in house system and get me to open the Target app in store, have my card data on file, track my purchases two different ways, maybe even get me to connect to Target Wi-Fi in store so they can spy on where I'm going as I walk the store. In the end collect lots of data about me that they can sell. Soon these stores will make more off data mining us than selling us stuff.
But if you use the app, they know it's you. If Apple Pay, do they still know it's you? I thought it was a random number that was generated for the card.
ApplePay provides the Device Account Number in place of the card number. They can track you with that, but unlike using your card they will not know who you are. Just that the same card was used to buy these things. Unless of course you TELL them who you are by using a loyalty account.
I don't recall Apple ever saying they wanted to prevent merchants from tracking us. Only that they didn't want merchants to store the real account number.
Besides, it would be incredibly hypocritical to say that merchants shouldn't get that info, when Apple themselves track our iTunes and Apple Store purchases, information which they not only use for themselves, but to sell iAd space.
Transaction cryptograms (think of them as dynamic CVV2 codes) surrounding a particular purchase are generated each time, but the account token stays the same. (They'd run out of numbers if the token changed each time, and you'd also have no way to get a refund.)
Or if the credit card provider sells the retailer information on your purchases, by matching the token with your real account. Turns out that many store cards are provided by a company that intends to do something like this.
Of course, the banks themselves know who you are. Often, targeted coupons are provided by companies associated with the banks. If you use one of those coupons, the store has to pay the card issuing bank a fee.
"Apple Pay assigns a unique number for each purchase, so your payments stay private and secure." It's not only one number for your device.
By unique number, they mean the surrounding authentication codes.
The token account number itself stays the same for each registered device.
There's no reason for the account token to change, since it's useless without the secret key used to generate the authentication codes for each purchase.
I took lots of those math course. Even the really hard kind with lots of squiggles and shapes, yes?
And guess what I found out? There is actually no number shortage isn't that great? If you run out of numbers you can make even more and it doesn't cost anything!
I guess you're right about not being able to do returns though. It sucks that people that pay cash can't do returns since there's no way to track them.
Hey, I know what! What if every time you buy something, you get a piece of paper that proves you bought the thing at that store? That way you could do returns, even with cash!
Which doesn't really get an attacker anywhere that matters to the banks. They won't have the security code on the back of the card and the card number that they may get may not be the one on the front of the card. The card number will certainly be marked as one that has a chip in it, which means that validation with a cloned mag stripe will fail at terminals that do either NFC or chip. And with the liability shift, the banks can stick it to the merchant if there's mag stripe fraud.
The entire point behind chipped credit cards (either contactless or contact-full) is that the chip contains a private key that is untenable to extract/clone. In principle you can query it in any way that can be allowed and it will still be secure, in that the information you need to clone it can "never" be extracted.
I'm really tempted to do my shopping. Fill the cart to the gills. Roll up to the cashier. Ask if they take Apple Pay. When they say no....walk out and leave the cart sitting there.
This is all about data collections.
This is all about data collections.