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Apple announces Apple Card credit card

theverge.com

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Re: Apple announces Apple Card credit card

#31

Post by smileysteve »

ckastner wrote: post #4

> get a digital card that they can use anywhere Apple Pay Apply Pay users: how broad is Apply Pay adoption? Is this a viable replacement for a VISA, Mastercard or AMEX? I'm intrigued by the privacy angle to this, seeing as VISA and Mastercard apparently share and/or sell a lot of transaction data with/to third parties. Edit: The article has been updated: As rumored, Apple is partnering with Goldman Sachs for Apple Ca…

> how broad is Apply Pay adoption? Is this a viable replacement for a VISA, Mastercard or AMEX?

It should work anywhere that touchless mastercard is accepted, though I do think that vendors can turn off apple pay specifically to avoid the fee.

Re: Apple announces Apple Card credit card

#32

Post by w-m »

There was a big emphasis on privacy. Apple does all the categorization and geolocation on device. There was a slide dedicated to the point that Goldman Sachs will never share the data with advertisers.

But no word on MasterCard. Will they share the data, is that their business?

Re: Apple announces Apple Card credit card

#33

Post by shoo_pl »

wnevets wrote: post #23
nabaraz wrote: post #2

Highlights: - 2% on all Apple Pay purchases - 3% on Apple purchases. - Zero fees - Virtual card numbers - Privacy

>- Virtual card numbers can you create your own?

Probably not. This is exactly how Apple Pay works - every physical card you add to apple pay is added to your phone/watch/laptop with a different number. If you delete card from your phone and add it again, its has yet another number.

All those unique numbers are handled by your bank and linked to single card account.

Re: Apple announces Apple Card credit card

#34

Post by siculars »

ckastner wrote: post #4

> get a digital card that they can use anywhere Apple Pay Apply Pay users: how broad is Apply Pay adoption? Is this a viable replacement for a VISA, Mastercard or AMEX? I'm intrigued by the privacy angle to this, seeing as VISA and Mastercard apparently share and/or sell a lot of transaction data with/to third parties. Edit: The article has been updated: As rumored, Apple is partnering with Goldman Sachs for Apple Ca…

I use Apple pay wherever possible. It is far quicker and more convenient than either cash, chip card or swipe in that order.

Besides convenience, security and privacy are the backstop for my usage. I just trust Apple more to not be sleezy with my transaction history.

Re: Apple announces Apple Card credit card

#36

Post by Shivetya »

I am impressed, however this any some of the other products announced are just a pinata for anti trust advocates.

however this product to me is the premier product of the event. finally someone is taking credit card use to the next level in both usability, features, and security. Most important is the level of privacy they are offering.

Now if the three percent discount holds true it will be the defacto means of purchasing from apple.com, similar to how for prime users you pretty much have to use the amazon/chase card for five percent on all purchases.

Re: Apple announces Apple Card credit card

#37

Post by saagarjha »

smileysteve wrote: post #31
ckastner wrote: post #4

> get a digital card that they can use anywhere Apple Pay Apply Pay users: how broad is Apply Pay adoption? Is this a viable replacement for a VISA, Mastercard or AMEX? I'm intrigued by the privacy angle to this, seeing as VISA and Mastercard apparently share and/or sell a lot of transaction data with/to third parties. Edit: The article has been updated: As rumored, Apple is partnering with Goldman Sachs for Apple Ca…

> how broad is Apply Pay adoption? Is this a viable replacement for a VISA, Mastercard or AMEX? It should work anywhere that touchless mastercard is accepted, though I do think that vendors can turn off apple pay specifically to avoid the fee.

Not just touchless, since there’s a physical card as well.

Re: Apple announces Apple Card credit card

#38

Post by guuz »

ckastner wrote: post #4

> get a digital card that they can use anywhere Apple Pay Apply Pay users: how broad is Apply Pay adoption? Is this a viable replacement for a VISA, Mastercard or AMEX? I'm intrigued by the privacy angle to this, seeing as VISA and Mastercard apparently share and/or sell a lot of transaction data with/to third parties. Edit: The article has been updated: As rumored, Apple is partnering with Goldman Sachs for Apple Ca…

Surprisingly the service is widely avaialible in my country (Brazil). Almost every credit card reader down here has NFC
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