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

Apple Cash

apple.com

Post reply on HN
Print view View original

101–110 of 208 posts

Re: Apple Cash

#101

Post by spyke112 »

Thlom wrote: post #71
l33tman wrote: post #69

Earlier quoted context omitted.

In Sweden there is a single cross-platform payment app since >10 yrs called Swish which all the banks are connected to, and you transfer money by entering the recipients mobile phone number and the amount. No fees and the transfer is instant. I guess it's luck that some countries happened to get the banks to agree to something like this at the particular time when the technology needed to support it just had matured…

Same in Norway, but product is called Vipps. It's slower to use for payment than contactless (you have to scan a QR-code if paying in shops), but it's so much easier for everything else than bank transfer and much cheaper and easier for pop-up shops than cash and any kind of card reader.

And of course Denmark has MobilePay, which unfortunately is owned by a single bank: Danske Bank. But I guess the other banks are fine with not competing against MobilePay.

Re: Apple Cash

#102

Post by vshade »

x3ro wrote: post #90
basisword wrote: post #88

I find it odd things like this, Venmo, Square cash even need to exist. There’s a reason none of them get used much (or even exist) outside the US. Just fix banking in the US and they problems they solve disappear. In the UK (and the EU I believe too) bank transfers and instant and free. Digital banks like Monzo make it even easier (through contact syncing, better UI). Third party apps need not get involved.

It is true that bank transfers are fast, instant most of the time these days. However, when people want to quickly send me money, they still usually ask for paypal, simply because it’s easier to tell someone a nickname or email address than my IBAN. not that this is an unsolvable issue, just sharing my experience from Germany.

In Spain we have this Bizum thing that allow us to use phone numbers to send money between bank accounts. I Brazil we have Pix which is similar but allows great flexibility on how to identify one person(phone, email, random key)

Re: Apple Cash

#103

Post by ahoka »

l33tman wrote: post #69
ryandrake wrote: post #20

Earlier quoted context omitted.

> 1. Apple Cash is apparently not cash, nor a wallet, but a card that is stored inside wallet. 2.There is already Apple Wallet, Apple Pay, Apple Card. Nobody in technology, at least in the USA, seems to be able to make the marketing for their "payment things" understandable. On the Google side, there is (or was) Google Wallet (OG), Android Pay, Google Pay, gPay, now Google Wallet (new). I don't know which one I shoul…

In Sweden there is a single cross-platform payment app since >10 yrs called Swish which all the banks are connected to, and you transfer money by entering the recipients mobile phone number and the amount. No fees and the transfer is instant. I guess it's luck that some countries happened to get the banks to agree to something like this at the particular time when the technology needed to support it just had matured…

Swish is just another proprietary solution though along with BankID. And BankID basically requires residency in Sweden (and much more), so it's not something you can install while visiting to pay at flea markets. Their only appeal is that they are ubiquitous.

Re: Apple Cash

#104

Post by oezi »

buro9 wrote: post #65
oezi wrote: post #61

Earlier quoted context omitted.

But what do you mean with "just worked"? Where did the pass show up?

The airline app offered a button to add the boarding pass to Google Wallet, I pressed the button (because airline apps are slow, and a local asset would be more reliable) and it appeared in Google Pay and everything went smoothly. The airport barcode scanner worked, the boarding gate scanner worked. More... the entry in Google Pay was updated with the gate number and notified me of the change, and the flight departur…

I never download Airline apps so there isn't a way to add passes to Google Pay for me.

Let's see if wallet changes this.

Re: Apple Cash

#105

Post by oezi »

the_other wrote: post #80
buro9 wrote: post #57

Earlier quoted context omitted.

Pkpass appears to be an Apple defined spec that isn't owned by a neutral party like a standards organisation. Yes they've published the definition ( https://developer.apple.com/library/archive/documentation/Us... ) but why would other companies embrace a definition and then entrench that when Apple could change it at any time or lock them out of future revisions? If an airliner is only making boarding passes availabl…

> Pkpass appears to be an Apple defined spec that isn't owned by a neutral party like a standards organisation. Yes they've published the definition ( https://developer.apple.com/library/archive/documentation/Us ... ) but why would other companies embrace a definition and then entrench that when Apple could change it at any time or lock them out of future revisions? That's overly paranoid, and the defensiveness leads…

For me Google's main issue is security updates. My 2 1/2 year old Pixel 3 is effectively trash because they only provided 3 years of security updates.

Re: Apple Cash

#106

Post by newsclues »

x3ro wrote: post #90
basisword wrote: post #88

I find it odd things like this, Venmo, Square cash even need to exist. There’s a reason none of them get used much (or even exist) outside the US. Just fix banking in the US and they problems they solve disappear. In the UK (and the EU I believe too) bank transfers and instant and free. Digital banks like Monzo make it even easier (through contact syncing, better UI). Third party apps need not get involved.

It is true that bank transfers are fast, instant most of the time these days. However, when people want to quickly send me money, they still usually ask for paypal, simply because it’s easier to tell someone a nickname or email address than my IBAN. not that this is an unsolvable issue, just sharing my experience from Germany.

Canada has email money transfers that is done via the big banks.

Re: Apple Cash

#107

Post by jmkjaer »

spyke112 wrote: post #101
Thlom wrote: post #71

Earlier quoted context omitted.

Same in Norway, but product is called Vipps. It's slower to use for payment than contactless (you have to scan a QR-code if paying in shops), but it's so much easier for everything else than bank transfer and much cheaper and easier for pop-up shops than cash and any kind of card reader.

And of course Denmark has MobilePay, which unfortunately is owned by a single bank: Danske Bank. But I guess the other banks are fine with not competing against MobilePay.

That was true but isn't anymore. MobilePay is now part of a Norwegian company, Vipps, which is owned by a consortium of Norwegian banks (65% ownership), Danske Bank (25%), and Finnish OP Financial Group (10%).

Re: Apple Cash

#108

Post by muraiki »

warning26 wrote: post #30
braingenious wrote: post #13

To be clear, this is in practice basically a competitor for Venmo/Cash App/Paypal, but built into your iphone? I only did a cursory glance at it but is there an Android app planned for this? In my experience, people want to send money to one another across different mobile OSes.

Yup, pretty much. I can't imagine how Apple concluded that "It's exactly like Venmo in every way, but it only works for people with iPhones!" would make a particularly compelling value proposition.

Venmo has continually failed at privacy: https://www.legalreader.com/venmos-at-it-again-privacy-issue...

Privacy is an area where Apple tries to differentiate. It’s not great that this is Apple only, but it’s also nice that it just works.

Re: Apple Cash

#109

Post by fiskeben »

basisword wrote: post #88

I find it odd things like this, Venmo, Square cash even need to exist. There’s a reason none of them get used much (or even exist) outside the US. Just fix banking in the US and they problems they solve disappear. In the UK (and the EU I believe too) bank transfers and instant and free. Digital banks like Monzo make it even easier (through contact syncing, better UI). Third party apps need not get involved.

Bank transfers are not instant in Norway at least. There is a popular peer to peer app called Vipps that handles all of the complexity for you. If somebody's at your door picking up the couch you sold online you can't wait for the bank transfer to go through.

Re: Apple Cash

#110

Post by littleJeck »

x3ro wrote: post #90
basisword wrote: post #88

I find it odd things like this, Venmo, Square cash even need to exist. There’s a reason none of them get used much (or even exist) outside the US. Just fix banking in the US and they problems they solve disappear. In the UK (and the EU I believe too) bank transfers and instant and free. Digital banks like Monzo make it even easier (through contact syncing, better UI). Third party apps need not get involved.

It is true that bank transfers are fast, instant most of the time these days. However, when people want to quickly send me money, they still usually ask for paypal, simply because it’s easier to tell someone a nickname or email address than my IBAN. not that this is an unsolvable issue, just sharing my experience from Germany.

In Australia we can use a phone number or email address to transfer money. It’s near instant transfer and even comes up with the full name of the person you’re sending money to.

Little cumbersome since I never bothered to get peoples phone numbers till recently.

Post reply on HN