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Will Apple Pay work anywhere we see this symbol?

H

HXGuyAZ

macrumors 6502
Original poster
Sep 3, 2014
345
1
From the Apple demo, they show this 4 band wifi looking symbol as being compatible with Apple Pay, does that mean that any place that has it now already will work do do the retailers need to upgrade something on their end to work?

pay1.jpg


I saw the same symbol at CVS yesterday at the checkout but CVS wasn't on the list of initial retailers to accept Apple Pay, so I assume they do need something else for it to work?

pay2.jpg
 
I think that's the claim.

But it may be confused with, anything with that symbol has the hardware to support it; ... but may not have the back end software that supports what to do with the unique authentication tokens.

Some retailers with that hardware, may still need a software backend update. Time will tell :)
 
Retailers have to support Apple pay. That symbol simply means NFC compatible. DOesn't mean Apple pay will ever work. Walmart is a good example of this.
 
They were not very clear with the details. They said to just look for the NFC icon at checkout (the icon in your picture), which implies it's accepted anywhere with NFC readers.

However, some retailers (Best Buy, Walmart) announced they will NOT be supporting Apple Pay. Even though Best Buy and Walmart definitely have NFC readers in some of their locations, which makes it seem like there is some additional support needed for it to work from the retailers.

What's interesting is Panera Bread was only listed as a partner for their iPhone App, but several locations near me have installed NFC card readers.
 
NFC adopted the tokenization techniques as standard back around February/March of this year.

So it's possible there are stores, that have NFC, that haven't updated to the new tokenization standards. It should only require a backend software update.

I suspect it is going to work at Walmart and BestBuy, whether they do much to support it or not.
 
Wasn't it announced a bit ago that Apple get a cut of each transaction though? Does that cut come from the merchant services (VISA, MC, AMEX) or from the retailers themselves? If from the retailers, then they would definitely have to sign up to accept it. It's going to be a bit confusing because lots of places accept NFC and have the icon, but they may not accept Apply Pay. Guess we'll have to look for the :apple:Pay symbol which I'm sure they will put on their front door/window/register.
 
HXGuyAZ said:
Wasn't it announced a bit ago that Apple get a cut of each transaction though? Does that cut come from the merchant services (VISA, MC, AMEX) or from the retailers themselves? If from the retailers, then they would definitely have to sign up to accept it. It's going to be a bit confusing because lots of places accept NFC and have the icon, but they may not accept Apply Pay. Guess we'll have to look for the :apple:Pay symbol which I'm sure they will put on their front door/window/register.
Click to expand...

From VISA/MC/AMEX.

From what I understand, VISA takes their same ~1.60% cut.
Apple gets 0.15 from that.

Apple says all you have to do is look for the NFC logo.
 
Meowmeow123 said:
What's interesting is Panera Bread was only listed as a partner for their iPhone App, but several locations near me have installed NFC card readers.
Click to expand...

Ours got those last weekend. Along with all kinds of signage pointing them out. Can't help but think this is not a coincidence. :)

Still, if Apple Pay works some places and not others, that's a huge roadblock. :( I'm not going to try my phone only to find out it doesn't work (along with the embarrassment) and then end up swiping a card anyway. Swiping a card is not that hard, after a few failed attempts I'll just revert back to swiping, I would imagine most people are the same way.
 
Heads up about Home Depot...

I use a Nexus 5, mainly for development purposes, and every time I tap to pay on the wave symbol, it comes up with an error on both my phone and their terminal. They say "they haven't turned on tap to pay yet"..

I emailed Home Depot customer service about this and they said "they are looking in to turning tap to pay on soon"...
 
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