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Apple Pay

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Re: Apple Pay

#4

Post by jasonbarone »

How are they deciding who can accept Apple Pay in stores? For instance, how do mom and pop shops who use Square readers get on board with Apple Pay?

Is it safe to assume that in the future, an iPhone itself can be a device that ACCEPTS payments too?

Re: Apple Pay

#5

Post by allegory »

What I want to know, having a contactless card, is what do you do when the machine isn't working. You can't swipe it or use the chip in this case.

Then you're screwed.

If you have to carry the card anyway to get around this, what's the point other than showing everyone you have an iPhone, which at least in London is a quick way to get cracked over the head.

Re: Apple Pay

#6

Post by DGCA »

I really hope this doesn't end up fragmenting the NFC payments space. Only Apple Pay is accepted in one place, and only Google Wallet is accepted in another. Both of these technologies work with contactless card readers, let's just stick with that.

Re: Apple Pay

#7

Post by rnernento »

I think I'm missing something on this, but how is it possible Apple isn't storing credit card information on the device or their servers? How are they connecting the payments you make with Apple pay back to the credit card you choose to use.

Re: Apple Pay

#8

Post by jvm »

jasonbarone wrote: post #4

How are they deciding who can accept Apple Pay in stores? For instance, how do mom and pop shops who use Square readers get on board with Apple Pay? Is it safe to assume that in the future, an iPhone itself can be a device that ACCEPTS payments too?

They did not announce a POS (point of sale), but I imagine if this takes off there will be more innovation in the NFC POS space.

They're just using existing NFC POS that currently take Google Wallet, there's nothing special about the fact that it takes Apple Pay.

Re: Apple Pay

#9

Post by 0sense »

Apple pay is an interesting and natural move from Apple. They probably have the largest number of credit cards info on earth.

I think this business can eventually become larger than the iTunes if they execute it well.

I couldnt find any information on whether Apple pay users can use this for online purchases or not. If they do this may be their next move will be to naturally be the Paypal competitor.

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