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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

#101

Post by _bxg1 »

riffraff wrote: post #90
_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.

my contactless cards need a PIN when used for significant money, don't they all? Is skimming a major issue?

I don't know what qualifies as "significant", but I've used contactless on my actual card a handful of times and never needed a PIN

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

#102

Post by tomtomau »

jon-wood wrote: post #64
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…

This is a very US biased thing. In the UK it’s been months since I last encountered a card reader that didn’t do contactless, and almost as long since I’ve been told a place doesn’t accept cards. These days you’ll get looked at funny if you put your card in the machine unless you’re doing a substantial transaction. I still carry a small amount of cash on me just in case, but the same £10 note has been sitting unused…

Here in Australia we've had contactless for close to a decade I'd guess. All our terminals have been updated so the only place you really see a terminal that can't do contactless these days is broken ones where that component seems to be malfunctioning.

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

#103

Post by riffraff »

Angostura wrote: post #50
icebraining wrote: post #38

Earlier quoted context omitted.

Exactly. PayWave and PayPass are both a decade old, and I'm already on my second contactless card.

Yeh, I’ve used contactless for years in the UK, but it’s limited to transactions under £30. Being able to use your phone and not fumble fir your wallet irrespective of transaction size is really quite nice.

> but it’s limited to transactions under £30.

this seems a limitation on your side (bank?), I've used contactless for larger expenses in other parts of Europe without issues (inserting a PIN).

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

#104

Post by needusername »

anamexis wrote: post #89
needusername wrote: post #71

Earlier quoted context omitted.

> It rolls a new number every time I use it, so i can pay at sketchy gas stations at 2 AM Nope. That's deliberately confusing Apple marketing. You get one PAN per device. The new "number" is just the EMV unpredictable number. You get that with any EMV card. https://emvlab.org/emvtags/show/t9F37/ > and not care about skimming. Because the PAN is only valid for online authorized EMV transactions.

So, yep? They didn't claim it was a unique feature of Apple Pay.

They make it sound like there is a special "Apple sauce" that they built and strongly suggest they generate a new PAN for every transaction. The suggest that a "token" instead of a PAN is used for the transaction. This is very misleading. If you read it very carefully they are not wrong, but for the uninitiated a wrong impression is crated.

They are using an industry standard protocol that is 25 years old.

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

#105

Post by hug »

grogenaut wrote: post #88
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…

When I was in Australia this August, most waiters were "Stunned" that I didn't need a pin to buy things. It doesn't take much to "Stun" a waiter when it comes to tech.

Where in Australia were you?

I ask this because, as an Australian, I pay for essentially every single purchase on Apple Pay. Everyone I know uses mostly their phones to pay.

Everyone I know has been using contactless payments on their credit cards (or visa/mastercard debit cards) for the past 5 years.

No one enters their pins on transactions under $150. Depending on the payment method, that number can be a lot higher.

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

#106

Post by mmcallister »

hug wrote: post #105
grogenaut wrote: post #88

Earlier quoted context omitted.

When I was in Australia this August, most waiters were "Stunned" that I didn't need a pin to buy things. It doesn't take much to "Stun" a waiter when it comes to tech.

Where in Australia were you? I ask this because, as an Australian, I pay for essentially every single purchase on Apple Pay. Everyone I know uses mostly their phones to pay. Everyone I know has been using contactless payments on their credit cards (or visa/mastercard debit cards) for the past 5 years. No one enters their pins on transactions under $150. Depending on the payment method, that number can be a lot higher…

Yeah, I've lived in Australia all my life and for the past couple of years I've used my phone to pay for everything...even transport[1]. People don't look twice if you use contactless payments

[1] https://transportnsw.info/tickets-opal/opal/contactless-paym...

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

#107

Post by ProfessorLayton »

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.

Agreed, I use Apple Pay semi-frequently, but in my experience the ergonomics taken a step back since I upgraded my iPhone. I went from pulling my phone out of my pocket with my thumb already on Touch ID > hold near reader > paid to pulling my phone out > hold near reader > phone says get face closer > double tapping the lock screen button which is kind of out of the way on my iPhone 11, and I've locked the screen inadvertently, likely due to the case slowing me down when pressing at times. Not the worst, but not an improvement in my opinion.

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

#108

Post by AceJohnny2 »

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.

> it's via bluetooth

NFC (same as contactless CCs), not Bluetooth.

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

#109

Post by brlewis »

bdcravens wrote: post #25
jhenkens wrote: post #9

Earlier quoted context omitted.

I have actually started preferring 76 stations because they all support the 76 app which lets me pay without credit card. My card was skimmed (and recreated into a new physical card!) earlier this year, which almost certainly happened at a gas station.

Shell and Exxon have the same.

and Sunoco

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

#110

Post by ceejayoz »

hug wrote: post #105
grogenaut wrote: post #88

Earlier quoted context omitted.

When I was in Australia this August, most waiters were "Stunned" that I didn't need a pin to buy things. It doesn't take much to "Stun" a waiter when it comes to tech.

Where in Australia were you? I ask this because, as an Australian, I pay for essentially every single purchase on Apple Pay. Everyone I know uses mostly their phones to pay. Everyone I know has been using contactless payments on their credit cards (or visa/mastercard debit cards) for the past 5 years. No one enters their pins on transactions under $150. Depending on the payment method, that number can be a lot higher…

If it was a tourist spot, it may have been surprising for someone with an American accent not needing a PIN.
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