41–50 of 225 posts
If the internet was invented today, we would have AppleMail instead of email and GoogleTrans instead of http.
This seems similar to Google Wallet, which has been around for a few years. How does Apple plan to make this a bigger success?
Since the iPhones that have NFC also have TouchID, they can authenticate you instantly without resorting to a PIN. If it works as advertised, it will be a huge improvement over Google Wallet.
(I still think Square got closest to an ideal payment scheme with Pay with Square, where the cashier verifies your face to charge you without requiring you to pull anything out. Too bad they broke it by requiring you to pull out your phone to check-in before it would work.)
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.
This seems similar to Google Wallet, which has been around for a few years. How does Apple plan to make this a bigger success?
Apple has three advantages. First, it's on iPhone, which is a ton of devices. Second, they already have your credit card because you've used it to buy apps or music, etc. Third, people will know this exists because of the media. So if you get a new iPhone, you're ready to start using it almost immediately. I'm sure I'll use it. With Android, Google has to get you to sign up for wallet and get you to know that you sho…
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.
See here: http://clover-developers.blogspot.com/2014/09/apple-pay.html
Earlier quoted context omitted.
Hopefully this means stores will actually install the NFC readers or whatever.
One interesting unrelated development: the US is moving to chip-and-PIN cards next year. Merchants that don't move over to the new system (in other words, those that still take signatures instead of having you do the chip-and-PIN thing) will be responsible for fraud that occurs in their stores... so merchants will switch. If merchants are getting new credit card terminals anyhow, it seems likely they'd get NFC compat…
Earlier quoted context omitted.
Jack Dorsey just posted on twitter that square will support Apple Pay. https://twitter.com/jack/status/509413534862544896
How will they actually accept the payment though? Apple Pay requires Touch ID (or Apple Watch), which is the consumer's device. Does that mean there will be an API for 3rd party developers to ACCEPT Apple Pay over the air? Or do they have to build a special Card Reader? Or would they have to bring back an Apple Pay supported Square Wallet app?
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.
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.
See here: http://clover-developers.blogspot.com/2014/09/apple-pay.html
PAN = primary account number.
EMV = Europay, MasterCard, Visa. http://en.m.wikipedia.org/wiki/EMV
So we want to make payments via our phones. My first thought would be to create a protocol for this. Instead we get ApplePay and GoogleWallet and whatnot. If the internet was invented today, we would have AppleMail instead of email and GoogleTrans instead of http.