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Apple Pay on pace to account for 10% of global card transactions

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Re: Apple Pay on pace to account for 10% of global card transactions

#91

Post by ddenisen »

pgm8705 wrote: post #79

I wish restaurants in the midwest would start embracing contactless payments. A local place I frequently visit finally introduced portable terminals that the wait staff brought to your table and I was pumped. They reverted back to the old way a few months later because "people got confused and didn't like having to interact with the terminal."

This is amusing because having waitstaff bring over a terminal for you to pay with your card is pretty much ubiquitous in a lot of countries, such as Canada and Russia.

Re: Apple Pay on pace to account for 10% of global card transactions

#92

Post by truncate »

notJim wrote: post #26

I honestly love Apple Pay, but I don't use it super often because it makes me self-conscious. I feel like a bit of a dick for some reason. If you try to do something "weird" and it doesn't work, people get annoyed, or it feels like an imposition. Even when it works, people sometimes make some kind of comment. Relatedly, it's unpredictable whether it will work or not. It usually does, as long as the card machine says…

Never had any weird looks from people (other than CA, I've used it in NV, AZ, MA, OR, WA). Almost every-time, it makes me quicker than everyone else, so not sure why would people make a comment. Also, if I don't see any NFC payment sign around, I would quickly ask while cashier is scanning my items.

Re: Apple Pay on pace to account for 10% of global card transactions

#93

Post by ValentineC »

cranekam wrote: post #56

Not in Switzerland! Over here pretty much only credit cards work with Apple Pay. I haven't found a single debit card that works with it (other than Revolut, which is only a bank if you squint at it). I assume this is because there is a thing called TWINT [0] here, which covers several payment concepts (peer to peer transfers, point of sale terminals, online) with an equal degree of mediocrity. It's not ubiquitous, fa…

> Not in Switzerland! Over here pretty much only credit cards work with Apple Pay. I haven't found a single debit card that works with it (other than Revolut, which is only a bank if you squint at it)

I've found the official Apple list [1] to be very accurate. There seems to be quite a few on the Switzerland list that don't have (Credit cards) behind them.

[1] https://support.apple.com/en-sg/HT206637

Re: Apple Pay on pace to account for 10% of global card transactions

#94

Post by jonathanbull »

yalogin wrote: post #77
gregdoesit wrote: post #61

I had dinner with members of the Apple Pay team a year or two back. I asked them, “So, who are your competitors? Google Pay? PayPal?” They laughed. “No, we don’t really track them. We have one main competitor. Credit cards. We care about Apple Pay being better, easier and more convenient to use than any of your credit cards.” And then, finishing dinner, the guy paid with his Apple Watch, using Apple Pay. The waiter w…

You can pay using Apple Pay at restaurants? Has to be a special case right?

I've done this loads of times. Albeit in the UK and Canada, where the card reader is brought to your table.

Re: Apple Pay on pace to account for 10% of global card transactions

#95

Post by draw_down »

yalogin wrote: post #77
gregdoesit wrote: post #61

I had dinner with members of the Apple Pay team a year or two back. I asked them, “So, who are your competitors? Google Pay? PayPal?” They laughed. “No, we don’t really track them. We have one main competitor. Credit cards. We care about Apple Pay being better, easier and more convenient to use than any of your credit cards.” And then, finishing dinner, the guy paid with his Apple Watch, using Apple Pay. The waiter w…

You can pay using Apple Pay at restaurants? Has to be a special case right?

Special case in what sense? It's a payment method, you pay for things with it. What's the big deal.

Re: Apple Pay on pace to account for 10% of global card transactions

#96

Post by danans »

mrosett wrote: post #15

I thought Apple pay was really dumb... and then I started using it. Especially with an Apple Watch: when I get to checkout, I can fumble with my wallet, dig out a card, wait ten seconds for the chip to read, and then put the card away.... or I can tap a button on my watch twice and wave it near the reader. Done.

Contactless phone payments work great, but I find contactless watch payments to be really physically awkward, for a number of reasons. First, the watch is worn on the wrong side of the hand for conveniently accessing the contactless reader. Second, the contactless reader is itself usually on a counter below requiring me to stoop over to make my wrist reach it. The extra 1 foot of reach you get with a phone is very helpful in this situation.

Third, I like seeing the visual feedback confirming on the screen of the payment device, which you can't do with a watch held with it's face to the reader. Sure, it vibrates, but that isn't a great indicator of success IMO.

Re: Apple Pay on pace to account for 10% of global card transactions

#97

Post by deadmutex »

gregdoesit wrote: post #61

I had dinner with members of the Apple Pay team a year or two back. I asked them, “So, who are your competitors? Google Pay? PayPal?” They laughed. “No, we don’t really track them. We have one main competitor. Credit cards. We care about Apple Pay being better, easier and more convenient to use than any of your credit cards.” And then, finishing dinner, the guy paid with his Apple Watch, using Apple Pay. The waiter w…

Is it possible to use Google Pay to do contact free payments on iPhone?

Re: Apple Pay on pace to account for 10% of global card transactions

#98

Post by crooked-v »

judge2020 wrote: post #27
crooked-v wrote: post #21

Earlier quoted context omitted.

In the US it's usually 'insert card into reader, then wait 30-90 seconds'. I don't know where the delay comes from, but Apple Pay is usually faster for me.

30-90 seconds is a big exaggeration. Using chip without a pin number takes at most 5 seconds, and using a pin only increases the wait for the duration it takes to enter the code.

> at most 5 seconds

Not where I live.

Re: Apple Pay on pace to account for 10% of global card transactions

#99

Post by privateSFacct »

fierarul wrote: post #10
3fe9a03ccd14ca5 wrote: post #2

Apple is enough of a behemoth to finally drag this industry forward. I use Apple Pay whenever possible. Mostly because it’s fast and secure. And I don’t mean “fast and secure” like a marketer, but actually fast and actually secure. I can’t believe that the best thing the credit industry could come up with was chip and pin. Slow, insecure[1], and awful experience. Begone, parasites. 1. https://www.kaspersky.com/blog/c…

In Romania we have Visa PayWave for years. For small amounts you just wave the card in from of the POS and you are done. For bigger amounts you are asked your PIN and I find that reasonable. I don't see how waving my watch in front of the POS would make this easier, it would actually be more cumbersome depending on how the POS is presented.

So we are 100% clear, contactless cards generally have very weak security relative to apple pay.

https://www.which.co.uk/news/2015/07/which-reveals-contactle...

There is a reason they are not being promoted in major markets.

Re: Apple Pay on pace to account for 10% of global card transactions

#100

Post by _bxg1 »

simonebrunozzi wrote: post #85
_bxg1 wrote: post #54

Earlier quoted context omitted.

Contactless is also a security concern on actual cards. It only stores a single number (like the stripe, unlike the chips or phone-based NFC), and it effectively "broadcasts" it in a radius of a couple of inches. Very easy to skim even while it's still in your pocket.

Much better to use contactless from your iphone. You don't broadcast it, it's via bluetooth and only lasts for a few seconds.

And isn't your actual credit card number
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