Id personally like to get rid of my wallet. Your phone is your modern day wallet of sorts.
That's what I am hoping for, and it is looking like perhaps we may see that day.
Now, about the DMV...
Id personally like to get rid of my wallet. Your phone is your modern day wallet of sorts.
The keynote talked about McDonalds, so that at least shows some lower end market space. Was Target mentioned?
Very surprised by Best Buy. Im wondering about Microcenters, Fryes, etc.
I might have missed something with respect to Apple Pay. If somebody has their AmEx linked to iTunes and uses Apple Pay charging their AmEx card, do they not get AmEx points? I can't imagine that to be the case as Americans won't be willing to give up their rewards simply to use their phones. Some of the other comments made me question this.
Walmart and Sam's Club started their new "chip and pin" system just recently --- every-single-time it is used, takes FOREVER, plus, they don't even enter in a pin, just push the card in, 3-4 times later it finally reads it, goes though the slow process of authentication, then asks if you want cash back, then another slow process to finish. Mean while if you had stripe, you'd be done in 30 seconds, Apple Pay, 5 seconds if you have a clean finger![]()
Who go to walmart anyways? ..., peopleofwalmart?
Why not accept both and not alienate your customers?![]()
Screw credit card companies and their fees. I like WalMart's system better.
Temporarily lose "hundreds of thousands" in pursuit of adoption of their payment system that would make them "billions".
Given Apple's profitability, knack for moving the world forward, and clout...I'd take that bet if I were them.
Target is on board
target seem to be with the 'opposition'![]()
You've answered your own question. That would fail immediately so that is not how it will work. They get points. The credit cards want you to use this system because it will cut down on fraud which is currently costing them billions a year.
Walmart and Sam's Club started their new "chip and pin" system just recently --- every-single-time it is used, takes FOREVER, plus, they don't even enter in a pin, just push the card in, 3-4 times later it finally reads it, goes though the slow process of authentication, then asks if you want cash back, then another slow process to finish. Mean while if you had stripe, you'd be done in 30 seconds, Apple Pay, 5 seconds if you have a clean finger![]()
Meh, I go to neither anyways. I don't even care to use my iPhone to make payments. It's just as easy to whip out my wallet and grab the credit card.