they likely only need to sign up these businesses in order to ensure they have tap to pay terminals and that they likely will display Apple signage. The real people to sign up are the credit card companies, most terminals these days already do NFC payments but the issue is that the card companies limit these transactions to like $100 because there is no signature or PIN needed. Apple needs to get the card companies to differentiate transactions made by touchID and raise the limit over traditional tap to pay systems
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Walgreens, CVS Expected to Partner With Apple for Mobile Payments Service
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You do know you only proved my point? How do you use your CC in a store without a card reader? You don't.
But new readers are coming fast. Chip card readers are required sometime in 2015 for merchants if they want to keep the liability for fraudulent transactions on the credit card companies. If they continue to use old terminals, the merchants take on the liability.
I'll bet that most of the chip reading terminals also will work with NFC.
This watch wil be monitoring your health. Gum is bad for your teeth so it won't let you buy gum.
Gum chewing's fine if it's once in a while. It stops you from smoking and brightens your smile. But, it's repulsive, revolting, and wrong. Chewing and chewing all day long. The way that a cow does.
I bet most of them will have new equipment within a year.
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I do hope that Apple will allow us to load multiple credit cards and not just limit us to the one we use for iTunes.
I have one card that gives 3% back at gas stations and restaurants. Another is 2.2% back on everything else. And Amex is for Costco.
Also hope the transactions post to the card companies as the merchant I used them at and don't just show up as iTunes transactions or the transactions won't be counted in the correct categories for cash back.
That's backend infrastructure - essential but worth nothing until shops install the new hardware.
It's going to be far better than just a payment system. You will tap and pay with whatever credit card you select from your iWallet (walgreens has prepaid credit card & points cards, so does CVS). Instead of handing the cashier your credit card and customer loyalty card, in one tap of your phone you pay and get points. You fingerprint scan to access payment cards for security.
Speeds up the payment process, lighten's people's wallets.
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NFC is everywhere in Canada already but just for plastic.
On the iPhone you'll select whatever credit card you carry (that is chip enabled and use it at the retailers that accept it.)
I guarantee Costco will accept iPhone payments earlier than most since Apple & Costco have patched things up and Amex is signed on with Apple already.
This has nothing to do with iTunes account. This is strictly a link from your iPhone 6 to the credit cards you carry.
I'm not so sure. Most checkouts aren't PCs, well OK, technically actually a lot of are, they're often running windows under the skin, but my point is the people who provide them to the shops don't manage them like PCs - they don't provide one piece of hardware and let you install whatever you like on them. They're managed appliances: getting a new feature often involves upgrading to the latest device even if there's no reason the older device couldn't handle it (who's that remind you of?).
We also don't know what additional requirements there will be. It might not use NFC alone, it might require something else like an additional radio connection (Bluetooth, wifi etc) or a visual connection (camera on one device scanning a screen on another) for additional security.
Besides, NFC may be standardised, but it isn't standard yet.
If everyone knows each other, probably not for a while.
It's all about liability. If someone owns a knitting supply shop, how many fraudulent cards would they get a year? Right, probably none. So Visa's (and everyone else's) threats aren't enough to make them invest in new equipment.
IF a store will let you swipe. Swiping becomes unprotected next year in the US.
Otherwise, you have to insert your card into the reader, sign, then pull the card out after it's approved.
I can't chew gum no more cause ADM has managed to stick their crappy corn based sugar alcohols into pretty much all of them, even my old favorite juicy fruit which was the last with actual plain sugar in it. It took me forever to figure out why I was having megassplosions all the time.
Again, the question needs asking (and answering):
If Apple can't secure the information on ALL parts of the iCloud, why should any normal-thinking person trust Apple with its financial (Credit Cards) and pharmaceutical information from Walgreen's or CVS?
At this point, Apple just as might as well throw in the towel and outsource their "privacy" and "cloud" to the NSA.
I give up.
If Apple can't secure the information on ALL parts of the iCloud, why should any normal-thinking person trust Apple with its financial (Credit Cards) and pharmaceutical information from Walgreen's or CVS?
At this point, Apple just as might as well throw in the towel and outsource their "privacy" and "cloud" to the NSA.
I give up.
You speak as though you know this to be the case......how do you know?
I don't think Apple have been bragging about how many credit card numbers they have in iTunes accounts for no reason. I'm pretty sure this will have something to do with iTunes.
If it doesn't, then what would prevent a criminal from stealing a credit card, typing the digits into their phone, then using it to run around town making NFC payments and appearing to be secure??
I predict you will enter your card info into iTunes and then that card info will be authenticated against your billing address stored in iTunes. Right now iTunes only stores one credit card. I hope that changes.
Really??? That was poor password policy on the part of the owners of the accounts. Apple had a system in place for higher security that those people did not take advantage of. Apple is probably one of the few companies I would trust with some of the data I would care to keep secure. Especially when it involves Credit Cards being that I would not be liable for it anyway...
I bet you cant make Google Wallet payments at Best Buy anymore
LOL, I bet you cant make Google Wallet payments at Best Buy anymore. Best Buy gave up on Google Wallet and NFC. I also bet they fully embrace NFC again when apple introduces the iPhone 6. Apple is late, but they will make all the difference. Just look at how banks are planing to give Apple lower card transaction fees. Apple's combination of Ibeacons, NFC, and TouchID will be insane.Already making payments with Google wallet at my local CVS, Rite Aid, Wegman's, etc. Apple late to the party again
I think at least from the iWatch side of payments it will not require finger scan as it will only require that once upon putting the watch on and reset its authentication when removed. In other words put your watch on in the morning, iphone notification and watch both indicate for a finger scan, push the home button on the phone and you are then authenticated to make purchases until the watch is removed at night. This 'band and knowledge of being attached to you intimately as a watch is will allow the watch interface to be very very easy and convenient, just touch it to the vendors nfc console give the face a double tap to accept (maybe a swipe left, with right being deny) and you are done, receipt in passbook on all your devices, points earned. no signatures. no one has access to your credit card number.
Another really useful function for those outside the US of A, if the rumour is true.
So far there is nothing that makes me want to buy the new iPhone or iWatch.
Apple really have to work hard on Tuesday, if not I will stick with my 5s until it dies, and then I might have to opt for an OS that is better to those in other parts the world. In the UK iTunes Radio, Apple TV, Siri (for cinemas, shops, restaurants.........) are useless/not available. Just not good enough.
So far there is nothing that makes me want to buy the new iPhone or iWatch.
Apple really have to work hard on Tuesday, if not I will stick with my 5s until it dies, and then I might have to opt for an OS that is better to those in other parts the world. In the UK iTunes Radio, Apple TV, Siri (for cinemas, shops, restaurants.........) are useless/not available. Just not good enough.
HobeSoundDarryl
macrumors G5
Unfortunately, this is what I think it is. I perceive that Apple is becoming Sony-like in (over) focus on opportunities for licensing fees. This dealing with every store instead of going with an established standard through which the "big 4" (Visa, MC, Disc, Amex) can work "smells" like an effort to get all of the individual stores to either buy something unique/licensed/patented by/from Apple and/or getting them to cut Apple in on a slice of each transaction.
That's pure speculation on my part but it's also my guess. Rather than adopting an established standard like NFC "as is" (from which Apple probably gets no licensing fees), they are probably going to "evolve" a "better" variation that is uniquely Apples and thus requires anyone that wants to be paid with Apple iDevices to buy processing hardware or software and/or pay some kind of special licensing fee to Apple.
If true, there's a lot of money in that for Apple if they can flex their iDevice and iTunes muscles to motivate mass market participation. However, it's also a recipe for slower adoption as it would involve all the little retailers to also make a deal with Apple (and then think about the pace of "mom & pop" retailers on a global scale).
I hope I'm wrong and they just go with the standard so that all of the already established hardware is compatible. But I suspect this is another lightning/thunderbolt connector approach, spun as superior (and maybe actually superior too) but probably (IMO) just another cut at getting some licensing revenue.
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