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Apple unveils contactless payments via Tap to Pay on iPhone

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Re: Apple unveils contactless payments via Tap to Pay on iPhone

#181

Post by darrenf »

ucha wrote: post #167

EDIT: thanks everyone for quickly correcting my mistake, I missed the part that explained that more forms of contactless payments would be accepted I don't really understand why a merchant would use this feature. If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? If you accepted only cash, maybe it's a small improvement because you can use your ex…

> If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device?

What makes you think it only supports payment from Apple devices? The press release is pretty clear:

At checkout, the merchant will simply prompt the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallet near the merchant’s iPhone

Re: Apple unveils contactless payments via Tap to Pay on iPhone

#183

Post by microtonal »

ucha wrote: post #167

EDIT: thanks everyone for quickly correcting my mistake, I missed the part that explained that more forms of contactless payments would be accepted I don't really understand why a merchant would use this feature. If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? If you accepted only cash, maybe it's a small improvement because you can use your ex…

If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device?

Did you read the article?

At checkout, the merchant will simply prompt the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallet near the merchant’s iPhone, and the payment will be securely completed using NFC technology.

This will accept contactless cards, Google Pay, etc. as well.

Re: Apple unveils contactless payments via Tap to Pay on iPhone

#184

Post by stu2b50 »

Macha wrote: post #178
stu2b50 wrote: post #113

Earlier quoted context omitted.

Because a lot of people, going by the sales numbers, have iPhones? It’s more for very small businesses, who just need a quick and easy way to take card payments. Larger outfits will naturally invest in “real” PoS devices.

Plenty of sole trader workmen and taxi drivers and the like have the square terminal that, I just checked, costs €20. €20 to take payments from 100% of your customers rather than the 30-40% market share iPhone has here seems like a no brainer to me.

I think you misunderstand the product. You can take payments from any contactless credential. That means credit cards, Apple Pay, google pay, Samsung pay, and so forth.

Re: Apple unveils contactless payments via Tap to Pay on iPhone

#185

Post by riskable »

ucha wrote: post #167

EDIT: thanks everyone for quickly correcting my mistake, I missed the part that explained that more forms of contactless payments would be accepted I don't really understand why a merchant would use this feature. If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? If you accepted only cash, maybe it's a small improvement because you can use your ex…

Sure would be nice if Apple and Google got together to accept each other's systems. Or even better: If there was a standard that let any device send money with any other device (using compatible hardware).

Imagine if there was a regulation that required interoperability. Or if the banks were forced to allow (authenticated) payments between systems without transaction fees.

We're 20 years overdue for this.

Re: Apple unveils contactless payments via Tap to Pay on iPhone

#186

Post by mackmgg »

ucha wrote: post #167

EDIT: thanks everyone for quickly correcting my mistake, I missed the part that explained that more forms of contactless payments would be accepted I don't really understand why a merchant would use this feature. If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? If you accepted only cash, maybe it's a small improvement because you can use your ex…

There are lots of small vendors (especially at farmers markets) still using the swipe only Square reader. This will presumably allow them to start accepting contactless as well. The main advantage of this is most banks put the liability from fraud on the business for swipe/manual entry transactions, but not for EMV (chip/tap) transactions.

Re: Apple unveils contactless payments via Tap to Pay on iPhone

#187

Post by rozenmd »

throwaway894345 wrote: post #81
jacquesm wrote: post #34

Earlier quoted context omitted.

EU has contactless paying for a while now, but it uses a chip embedded in the bank card.

I studied abroad in France in 2012--at this time, all European card readers had been chip-based for quite a while and my US credit card didn't have one. I couldn't figure out how to use them and many store clerks had no idea what to do with my magnetic-strip credit card. I went to England in 2019, at which point cards in the US had been updated to use magnetic stripes, and everyone was using tap-to-pay. It turns out…

I've lived in France since September, and I think I've used cash... once? You can live entirely off using your phone/credit card to pay these days (if you don't frequent "cash-only" shops).

Re: Apple unveils contactless payments via Tap to Pay on iPhone

#188

Post by Medowar »

throwaway894345 wrote: post #81
jacquesm wrote: post #34

Earlier quoted context omitted.

EU has contactless paying for a while now, but it uses a chip embedded in the bank card.

I studied abroad in France in 2012--at this time, all European card readers had been chip-based for quite a while and my US credit card didn't have one. I couldn't figure out how to use them and many store clerks had no idea what to do with my magnetic-strip credit card. I went to England in 2019, at which point cards in the US had been updated to use magnetic stripes, and everyone was using tap-to-pay. It turns out…

..just dont go to Germany. We are not very advanced in that regard.

Of course huge amounts of stores offer contactless paying, but generally Cash is still dominant around here. Change is slow, and currently, Cash is still king, especially with small or street merchants.

Re: Apple unveils contactless payments via Tap to Pay on iPhone

#189

Post by adventured »

throwaway894345 wrote: post #165
eldaisfish wrote: post #116

Earlier quoted context omitted.

worth mentioning that this seems a problem limited to the US. Even in Canada, the smallest of towns will have contactless payment. Many Canadians don't really use cash because interac/credit cards have all supported tap to pay for over a decade now.

To be clear, the US has contactless payments all over and probably has had them since ~2015, it just took some time for people to "discover" them.

People will still be talking about how the US doesn't have contactless payments another five years from now. It's an inexpensive way to feel good.

Re: Apple unveils contactless payments via Tap to Pay on iPhone

#190

Post by pkulak »

mike1o1 wrote: post #82
yuuu wrote: post #67

Earlier quoted context omitted.

I had movers a couple months ago and tried to tip them. Note that I don't ever carry cash and am a proponent of abolishing the Federal Reserve. I asked them for their Ethereum or Bitcoin address, and they said, "neither of us don't have that, but we take cash." I calmly tried to explain to them the evils of the Federal Reserve for around five minutes, then began to set them up with their own cryptocurrency wallets on…

I can't tell if this is satire or not.

Has to be a Reddit-style pasta, though I can't find it anywhere else...
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