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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

#201

Post by jonknee »

needusername wrote: post #71
hprotagonist wrote: post #5

I unabashedly love apple pay and use it preferentially whenever I can. in the US, it's faster than chip-and-pin cards by a LOT. It rolls a new number every time I use it, so i can pay at sketchy gas stations at 2 AM and not care about skimming. More and more gas stations are upgrading their pump POS pads so i can refuel my bike without digging under my armour for my wallet. On websites, my only quibble is that it's o…

> 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.

Yes, so unlike almost all the gas pumps before that used just the mag stripe it's much more secure. Contactless at the pump is great.

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

#202

Post by bcrosby95 »

reaperducer wrote: post #158
needusername wrote: post #104

Earlier quoted context omitted.

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.

suggest that a "token" instead of a PAN is used for the transaction Maybe because people know the word "token" and don't know what a "PAN" is. Apple has built a trillion-dollar company by speaking at the level of its customers, not technobabble.

Your average customer doesn't know what either really mean.

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

#203

Post by Z3UX »

hprotagonist wrote: post #5

I unabashedly love apple pay and use it preferentially whenever I can. in the US, it's faster than chip-and-pin cards by a LOT. It rolls a new number every time I use it, so i can pay at sketchy gas stations at 2 AM and not care about skimming. More and more gas stations are upgrading their pump POS pads so i can refuel my bike without digging under my armour for my wallet. On websites, my only quibble is that it's o…

Aren't you confusing Apple Pay vs Apple Card? I think only Apple Card as the beaver you talk about, rolling a new number every time you use it.

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

#204

Post by bxio »

denzil_correa wrote: post #120
1123581321 wrote: post #81

Earlier quoted context omitted.

If I’m not sure, I say “Apple Pay okay?” to the cashier first in what I hope is a friendly way. Sometimes they’re not sure and will say, “you can try,” and then it feels more okay to give it a shot. Feeling rude happens because when you suddenly produce your phone or watch, you suddenly reveal you’ve been thinking of the transaction differently and maybe that the cashier was incorrect or ignorant to assume you would…

Sometimes, the cashier says "not ok" despite being "ok".

In my experience, some small businesses avoid Apple Pay/Google Pay because you can add American Express cards to them, and they want to not accept Amex cards in order to save on the fee, despite the service agreement of their payment processor obligating them to.

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

#205

Post by jrockway »

wikiman wrote: post #13
avocado4 wrote: post #4

BART and Muni need to start accepting Apple Pay ASAP. You can already do it in the UK and many other countries. Adoption of technologies like NFC payments in public transport is a good metric to see how competent a local government is.

New York is very quickly rolling out OMNY, which does support apple pay. It makes me happy, and I can't wait until I can buy my monthly that way

OMNY is neat. You do not need to turn your phone's screen on to use it, and it works for a while after your phone's battery dies.

It is still slower than what I'm used to in Japan, where people have been paying for transit with their phone since 2001 or 2002. (Tokyo also went from 50-ish pilot stations to 500 production stations in just a few months. In New York, I think 2023 is the estimated completion date?)

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

#206

Post by thom »

gregmac wrote: post #199
thom wrote: post #192

Earlier quoted context omitted.

Yeah, absolutely love it. Just by virtue of breaking the £30 limit for contactless payments I now just never need my wallet. For a long time I held off upgrading my previous iPhone, and it never really occurred to me that Apple Pay was a killer app, but it's probably the single biggest quality of life upgrade that a piece of technology has given me in 5 years or so. My only sadness is that not many websites support i…

Not sure how contactless limits are set, but I suspect it's by the merchant. In Canada most are $100, though there's a handful of places that do $200. Costco is $400. If you go over the limit, you get promted to insert your card and use a pin. Signing a signature is basically obsolete - in fact I can't remember the last time I did. Restaurants usually have a wireless terminal they bring over. It's strange how regiona…

I believe in the UK it's by the card issuers as a security measure (it's definitely a flat £30 for most cards). They're happy to be liable for that amount a few times until the fraud prevention measures kick in, but not more. Apple's appetite for risk is perhaps a little bigger.

I don't think I've signed anything for 10+ years tbh, but the UK went pretty heavily for chip and pin early one. But honestly it's a coinflip whether I remember my pin these days.

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

#209

Post by awinder »

hprotagonist wrote: post #5

I unabashedly love apple pay and use it preferentially whenever I can. in the US, it's faster than chip-and-pin cards by a LOT. It rolls a new number every time I use it, so i can pay at sketchy gas stations at 2 AM and not care about skimming. More and more gas stations are upgrading their pump POS pads so i can refuel my bike without digging under my armour for my wallet. On websites, my only quibble is that it's o…

The lack of discount codes for Apple Pay always puts me in a quandary of whether I want to just save the time or if it’s worth the hassle. From my experience it seems like I run into a lot of Shopify-backed sites, so I’m not sure if this is due to inherent Apple Pay problems or if it’s that a widely-deployed solution doesn’t support it.

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

#210

Post by a2tech »

45ure wrote: post #165
nvarsj wrote: post #113

Earlier quoted context omitted.

At least in the UK, contactless is limited to 20£ and probably has other limits as well I suspect.

As mentioned by others, the limit was raised to £30 over 4 years ago. Although, there is SCA (Strong Customer Authentication) regulation in the pipeline. I received an alert from at least two providers last year, albeit it does not apply to Apple Pay or Google Pay. However, due to Brexit, it remains to seen, if the banks will continue to implement it, or maybe change it to fit a new framework or renege on this pledge…

I wonder what that meansーーwill you get an actual rejection or some sort of ‘downgrade’ workflow where you’ll be prompted to swipe? Or will I just look like a broke dude semi-randomly?
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