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Apple announces Apple Card credit card

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Re: Apple announces Apple Card credit card

#111

Does Apple Pay and Google Pay work anywhere I see the tap symbol (looks like a rotated wifi symbol)? Or they must also display the Apple or Google Pay symbol? I've seen places that just have the tap symbol and wondered if I could've used my phone.

usually yes. never hurts to try anyway!

Re: Apple announces Apple Card credit card

#112
post #24
post #12

Earlier quoted context omitted.

afaiu from the announcement: Apple doesn’t know what you purchased, Goldman Sachs is not allowed to sell the data.

And Mastercard?

Virtual card number for each transaction, no way for them to track a single user.

Re: Apple announces Apple Card credit card

#113

Cant sell enough phones, so gotta sell debt as well… brilliant… cant wait to see what innovation they come up with next!

tbf, they milked that phone gravy train for a good decade. the only new "features" left to talk about these days are the size and location of a "notch".

Re: Apple announces Apple Card credit card

#114
post #76
post #49

Earlier quoted context omitted.

YMMV but I absolutely will not bite on non-creditcard-facilitated payments until/unless the same or better consumer protections are in place.

Who said they are not?

Judging by past history (ACH, Debit Cards, etc), consumer protections will be much less robust for anything that isn't a credit card.

Re: Apple announces Apple Card credit card

#115

Just allow me to create as many 'virtual' credit cards from a single card and that's enough. Every single provider that promised that feature has either underwhelmed, or gone out of business.

Revolut offers this. I can create virtual cards and one-time-use cards.

Re: Apple announces Apple Card credit card

#117
post #96
post #25

With the rise of smartphone payments like Samsung Pay, Android Pay and Apple Pay , is there even a need for credit cards? How long until these companies start skipping payment processors like Visa and Mastercard and take the whole pie?

I've never owned a credit card but I've used my debit card directly twice since Christmas because GPay is available everywhere. It's only the ceiling on contactless transactions (£30) that requires me to use it

The cool thing about the latest iteration of PoS terminals is that they enable contactless transactions over £30 if paying by Apple Pay (and possibly GPay too, unsure). I've paid >£30 Tesco shopping sprees using Apple Pay without any issue.

Re: Apple announces Apple Card credit card

#118

Just allow me to create as many 'virtual' credit cards from a single card and that's enough. Every single provider that promised that feature has either underwhelmed, or gone out of business.

Yes. I'm so sick of businesses relying on people not cancelling to exist, and thereby making their calcellation process as time consuming and obtuse as possible to reduce consumers chances of cancelling.

Consumers should be able to just NOT pay for a service, and then it's on the service-provider to turn off the customer's access.

I can't tell you the amount of services I've past up on simply because I don't want to (potentially) deal with an awful cancellation process, and then go through the hassle of charging back on my CC. It's just not worth the time -- and they know it and depend on it -- which is frankly disgusting. Invest some time in a better product...

Re: Apple announces Apple Card credit card

#119
post #76
post #49

Earlier quoted context omitted.

YMMV but I absolutely will not bite on non-creditcard-facilitated payments until/unless the same or better consumer protections are in place.

Who said they are not?

"who said they are?" is the problem here. Better to err on the side of caution.

Re: Apple announces Apple Card credit card

#120

Just allow me to create as many 'virtual' credit cards from a single card and that's enough. Every single provider that promised that feature has either underwhelmed, or gone out of business.

> Just allow me to create as many 'virtual' credit cards from a single card and that's enough.

What? Apple Pay does this. Oh they don't expose the numbers to you, but they use a virtual card at time of purchase.

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