Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

qz.com

Post reply on HN
Print view View original

301–310 of 432 posts

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

#301

Post by grogenaut »

ceejayoz wrote: post #110
hug wrote: post #105

Earlier quoted context omitted.

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.

to be clear, they were surprised that a chip reader worked WITHOUT a pin. and that I couldn't contactless. Everyone was saying "tap here" when I walked up to pay. "no tap". Pretty much every purchase.

They didn't know all the bells and whistles on their machine. It'd be about as surprising as if I whipped out a personal check and they found their machine had a reader for that.

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

#302

Post by alteria »

walshemj wrote: post #140
Simulacra wrote: post #134

Now if only I could carry my ID around on my iPhone I wouldn't need to carry a wallet.

Until you drop you phone and break it or it barfs on you in some other way. There was high profile case of an iPhone user who got fined over £600 because the phone died and they could not show the rail ticket to the guard on the train. She was lucky enough to get it picked up by the national press, probably knew someone.

The author, Jemima Kelly, is an (excellent) reporter for FT Alphaville. If I remember correctly, her consequential losses were much larger. Not that TfL should care about that, but an example of how things can spiral.

FT link (free) [1]

FTAlphaville link (registration required, no paywall) [2]

[1] https://www.ft.com/content/e8a177d4-dfae-11e9-9743-db5a37048...

[2] https://ftalphaville.ft.com/2019/10/09/1570632197000/When-fi...

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

#303

Post by syntheticcdo »

Marsymars wrote: post #228
bxio wrote: post #204

Earlier quoted context omitted.

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.

I don't think it's possible to have a PoS terminal that doesn't accept physical Amex cards but that does accept Amex cards via Apple/Google Pay.

A post-it note that says "American Express not accepted" is probably deterrent enough, rather than a technical solution.

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

#304

Post by gruez »

zie wrote: post #262
gruez wrote: post #260

Earlier quoted context omitted.

>where Apple Pay is designed in such a way that Apple can not tell who you are spending your money with. source on this? AFAIK apple doesn't share it, but they definitely have access to the data.

source: "Apple doesn't retain any transaction information that can be tied back to you—your transactions stay between you, the merchant or developer, and your bank or card issuer."[0] 0: https://support.apple.com/en-us/HT203027

Note how that statement is worded. "Apple doesn't retain" means they very well have access to the transaction info, they're just not storing it. I wouldn't call that designed in such a way that they can't read your transactions. It's more of a promise, similar to how google analytics promises to remove the last octet from IPs if you enable a flag.

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

#305

Post by hug »

grogenaut wrote: post #300
hug wrote: post #105

Earlier quoted context omitted.

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…

Melbourne: 9 days (near chinatown, the G, The Espy) Sydney: 9 days (Circle Quay, Barangaroo, Blue Mountains) Cairns, Airlie Beach, Yeppoon, Hervey Bay, Brisbane (2-3 days each). I'm American, my card doesn't do contactless, nor chip and pin. I also used old straight swipe cards while there for fun. I used cards for most purchases except at the melbourne market and a few other places where cash was required.

Ah. I must have misunderstood your point, that they were stunned at just how anachronistic American payment tech is.

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

#306

Post by [deleted] »

danans wrote: post #96
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 he…

[deleted]

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

#307

Post by cbhl »

digsy wrote: post #198
Multicomp wrote: post #193

Earlier quoted context omitted.

The number of integrations between MagicBand and the existing &/or legacy systems must be staggering. At the very least, there is the integration between the MagicBand and FREEDOM-POS, the point of sale software running at Disney parks. It could be as simple as the band functioning as a reference to the built-in EFT account called 'play money', which is a stored value account generated on a POS and assigned to a give…

Technology wise, Magic Bands are awesome. You can pay with them in the parks (no fishing around for cash or your credit card), it links to your Disney accounts, you can use them as a ticket to get into the parks and it functions as your door key at Disney hotels and cruise ships. And it all just works. The amount of data they collect from this must be staggering.

One thing I discovered: You can't assign a magic band to open multiple hotel rooms.

(I was bringing a large family to the park, and wanted folks to be able to float between rooms.)

We ended up falling back to card keys.

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

#308

Post by Hamuko »

jhenkens wrote: post #9
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…

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.

I prefer St1 stations in Finland because I can pay with the St1 credit card inside the St1 app. Really, the biggest benefit of using the app is that I don't have to stand in front of the payment terminal during winter, but I can rather just stay in the warm car until the pump is initialised and then just quickly go fill up.

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

#309

Post by Hamuko »

aggie wrote: post #167

Apple Pay is great, but I wish it was more universally accepted at point of sale. But in the US we're not even at consistency in any form of POS payment method. Disney World (Florida) notably spent a BILLION dollars implementing a wonderful contactless payments++ system called MagicBand. [1] Last week I was shocked that at Disneyland (California), where they haven't implemented MagicBand, they not only don't accept A…

In Finland pretty much all places support NFC cards and by extension Apple Pay. Yet to come across a place where it didn't work.

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

#310

Post by ryandrake »

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…

Problem with these contactless payments is you first try contactless, then wait to figure out if it fails, then if it does, you're dealing with the slowness of a physical card on top of all the time you wasted with contactless. Until it reliably works everywhere, you kind of have to do a little math estimation to decide what to use:

T(card) = time it takes to use a physical card

T(ap) = time it takes to use Apple Pay

T(fail) = time it takes to realize Apple Pay failed

P(fail) = probability that Apple Pay will fail to work

So if T(card) ...then you should just use your physical card. I don't even try Apple Pay anymore because merchant support is so unpredictable and spotty.

Post reply on HN