AcceptingPay doesn't preclude them from accepting Google Wallet or other NFC payments.
Apparently, MCX uses an app called CurrentC across a bunch of retailers. The app isn't out yet. Wouldn't it be comical if Apple refused to approve the app because it "appears confusingly similar to an existing Apple product, interface, or advertising theme "
more info:
http://www.mcx.com
Yeah we really want to trust a payment service created by the same people responsible for the largest breach of customer credit card data in history.
AcceptingPay doesn't preclude them from accepting Google Wallet or other NFC payments.
Their loss.
Why are people going gaga over a new payment system? I have never had a harder time pulling out a wallet versus a phone. Pull out wallet. Pull out card. Swipe. Wow, so much harder than nfc... I might have loss a few seconds of time.
Perhaps you may have read some articles this year on CC breaches?
IDK, security and all..
The CurrentC app that Best Buy, Walmart, and others are placing their bets on is a non-starter. It won't work with regular credit cards. You can link it to a checking account, a gift card, or certain retail credit cards. People are just not interested in that. They want to use their existing credit cards so they can either go deeper into debt or work the system and get cash back or points. Credit cards still offer much better, and legally mandated, fraud protection and dispute resolution.
I don't know if Apple Pay itself will actually catch on, but it's one of the few payment systems structured in a way that could catch on. But we'll still need plastic cards for quite a while. There are a lot of people who don't have smart phones. I, for example, never carry one even though I'm an iOS developer, so Apple Pay is useless to me. But mostly it's old people who will still need the cards. And don't underestimate how many there are.
You would think BestBuy would upgrade considering they are a store that prides themselves on having the best technology in its showrooms. I don't shop at BestBuy much anyways...I won't boycott them, but it is very stupid that they won't update their stores to accept new technologies when the core of their business is technology.
If Walmart, Best Buy, and the rest of these clowns have not reversed course by the next big product launch, Apple should simply allocate no stock for them and say, "When you have implementedPay, we'll stock your warehouses/stores." That conversation would be over fairly quickly.
But doesn't BestBuy now have in store Samsung Stores (as well as Apple Stores)? I suppose Samsung doesn't want Best Buy taking payments with their rival's technology.
Is ApplePay different from accepting NFC payments? That is if a retailer is equipped and accepting NFC Payments, either from GoogleWallet or from an NFC enabled credit card, can they opt out of ApplePay only? I thought Apple said the payments would be accepted anywhere that has the hand with card waving above the reader symbol.