Apple Pay Now Accounts for Three-Fourths of U.S. Contactless Payments • Hacker News Board

Re: Apple Pay Now Accounts for Three-Fourths of U.S. Contactless Payments

#111

Post by needusername » Wed, Jul 27, 2016, 8:14 PM UTC

krolley wrote: post #100

pilif wrote: post #14

Here in Switzerland, nearly every terminal supports contactless payments and Apple Pay has launched ~1 month ago. Yet, next to nobody uses it because it's generally not available even though it has officially launched: Nearly all of the banks here are boycotting it and are pushing their own mobile payment startup [1] which also has much worse usability and was initially launched by the Swiss post, a company that stil…

At the moment Apple Pay have only two supporting banks: Swiss bankers and Corner. Now that Twint and Paymit are merging, they have most major banks and shops (Credit Suisse, Postfinance, Raiffeisen, UBS, ZKB, Migros, Coop, Swisscom) behind them, so I think Apple will struggle. Also, unlike other markets I think Switzerland has a very low usage of contactless payments. I rarely see anyone use them but maybe that will…

Even at the current state Apple Pay is outperforming Twint and Paymit combined. In a few weeks Apple Pay will have surpassed the combined Twint and Paymit volume. In a year or two it will become obvious that Twint and Paymit are going nowhere and everybody will offer Apple Pay. At least one big issuer besides Cornèr already supports Apple Pay but hasn't rolled it out yet for political reasons.

Until then, vote with your wallet, cancel your credit card, get a CornèrCard or derivative like BonusCard. At the end of the day, it doesn't really matter who your issuer is.

Re: Apple Pay Now Accounts for Three-Fourths of U.S. Contactless Payments

#112

Post by chrischen » Fri, Jul 29, 2016, 12:07 AM UTC

kinkora wrote: post #17

Kpourdeilami wrote: post #6

Earlier quoted context omitted.

Really? In Canada, almost everyone uses them and almost everywhere supports them

It's definitely a US thing. Here in Australia, everyone hardly uses Apple Pay and all major banks have their own cards/app that does NFC payments. I find it really strange that it is not widely adopted in the US since it removes a lot of friction when it comes to paying for stuff ergo encourages more business. I.e. my usual coffee joint was always packed in the mornings and since they adopted NFC payments a few years…

Well, people don't have to jiggle for coins. They can just swipe the card, which is usually just as fast if not faster than NFC, and pretty much guaranteed to work 99.99% of the time whereas NFC has failed on my at least 20% of the times.

Re: Apple Pay Now Accounts for Three-Fourths of U.S. Contactless Payments

#113

Post by michaelmrose » Fri, Jul 29, 2016, 3:55 AM UTC

dawnerd wrote: post #85

michaelmrose wrote: post #76

Earlier quoted context omitted.

I work in retail. Failing to start processing upon insertion is a bug, the screen telling you to insert is a warning that you did the wrong thing not an expected part of the process. I have seen a weird issue wherein some cards, always the same cards don't start processing until you try and fail to swipe. I have no idea what the difference is as it doesn't seem to be a single issuing bank.

It seems to be whatever model terminal they're using. One other example is chase. Their ATMs still make you insert, pull out, then stick back in. Ive yet to have one take the card first try.

The same machine worked properly with 99% of cards I think its fixed and its no longer required.