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Apple Pay on pace to account for 10% of global card transactions

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Re: Apple Pay on pace to account for 10% of global card transactions

#391

Post by hello_friendos »

chitza wrote: post #389
herpderperator wrote: post #117

What frustrates me is the way everyone talks about Apple Pay as if it's the standard in mobile payments. Everyone calls contactless payments Apple Pay, which is technology other countries have had for many years built into the cards themselves via an NFC chip. Visa calls it PayWave(TM), because you just wave your credit card over the terminal to pay. I have been taking advantage of the benefits of contactless pay sin…

That's because USA is way behind in card payment infrastructure (technologically speaking).

Like way behind. I remember visiting from Canada and being surprised when cashiers had no idea what chip and pin was. We had chip and pin in Canada for years already, but the US was still relying on signatures.

Re: Apple Pay on pace to account for 10% of global card transactions

#392

Post by hello_friendos »

Brakenshire wrote: post #31
taurath wrote: post #19

5% at the moment seems like an incredibly high number to me, at least in the US. I looked it up here, where the stats say a different number: https://www.pymnts.com/apple-pay-adoption/ Also latest is about 51% of merchants have compatible equipment. 1.1% of sales is apple pay. Also usage numbers have gone down from 2018 to 2019. Seems like a puff piece to me?

They’re claiming 5% of global card transactions, that surely can’t be true, there are quite a few developed countries where iPhones are not that common, and countries where other contactless payment systems are already widespread. And what about middle income and poor countries?

US is notably way behind on payment technology compared to many other countries.

Re: Apple Pay on pace to account for 10% of global card transactions

#393

Post by gpderetta »

Spare_account wrote: post #131
tokamak-teapot wrote: post #127

Earlier quoted context omitted.

£30 currently. Though mobile payments don’t fall foul of this in theory, in practice some terminals are limited to £30 to match the card limit, which can be annoying when you want to pay by mobile (the most secure way).

> £30 currently. Though mobile payments don’t fall foul of this in theory I believe Apple Pay supports payments >£30 but I use Android Pay and it has never allowed me to exceed £30. I understand that it is probably a limitation of the terminal in many cases but I have observed an Apple Pay transation exceed £30 and then been rejected by my Android Pay device on the same terminal in one case.

I regularly do payments >£30 with Android Pay. I'm not even sure where the limit is. It is probably an issuer limit.

Re: Apple Pay on pace to account for 10% of global card transactions

#394

Post by jagged-chisel »

selimthegrim wrote: post #245
remir wrote: post #229

Earlier quoted context omitted.

One of Apple's core strength is in marketing. I heard some folks refer to an Android phone as an iPhone. When I pointed out that it was in fact an Android (LG), they didn't knew what Android was. For them, the category of devices that we call "smartphones", are named iPhones. Again, Apple did a hell of a marketing job here.

Usually Kleenex or Coke or Xerox when it gets to this point start suing around loose usage in the media to avoid watering down their trademark.

But you won’t find those loose usages in the media. They’re just savvy enough not to get sued.

Re: Apple Pay on pace to account for 10% of global card transactions

#395

Post by jagged-chisel »

cbhl wrote: post #307
digsy wrote: post #198

Earlier quoted context omitted.

Technology wise, Magic Bands are awesome. You can pay with them in the parks (no fishing around for cash or your credit card), it links to your Disney accounts, you can use them as a ticket to get into the parks and it functions as your door key at Disney hotels and cruise ships. And it all just works. The amount of data they collect from this must be staggering.

One thing I discovered: You can't assign a magic band to open multiple hotel rooms. (I was bringing a large family to the park, and wanted folks to be able to float between rooms.) We ended up falling back to card keys.

Sounds like a bit of an outlier situation. However, it also would seem to have a fairly simple technical solution.

Re: Apple Pay on pace to account for 10% of global card transactions

#396

Post by marvin »

notJim wrote: post #26

I honestly love Apple Pay, but I don't use it super often because it makes me self-conscious. I feel like a bit of a dick for some reason. If you try to do something "weird" and it doesn't work, people get annoyed, or it feels like an imposition. Even when it works, people sometimes make some kind of comment. Relatedly, it's unpredictable whether it will work or not. It usually does, as long as the card machine says…

One of the first times i paid with my iPhone, the cashier tensed up a little when I authenticated with FaceID before paying.

I apologized for being rude by looking at my phone during the payment, but that I had to authenticate with it with my face to be able to pay. She relaxed and said it was okay, so apparently the unfamiliarity was the source of the confusion.

Re: Apple Pay on pace to account for 10% of global card transactions

#397

Post by jeffwilcox »

matt-attack wrote: post #323

So does the merchant get your name/Info when you pay with Apple Pay? Are you afforded my privacy than w a credit card? I care much more about privacy than security.

With Apple Pay your name shows up often as "VALUED CUSTOMER". So that's your privacy name!

Re: Apple Pay on pace to account for 10% of global card transactions

#398

Post by vzidex »

Hamuko wrote: post #309
aggie wrote: post #167

Apple Pay is great, but I wish it was more universally accepted at point of sale. But in the US we're not even at consistency in any form of POS payment method. Disney World (Florida) notably spent a BILLION dollars implementing a wonderful contactless payments++ system called MagicBand. [1] Last week I was shocked that at Disneyland (California), where they haven't implemented MagicBand, they not only don't accept A…

In Finland pretty much all places support NFC cards and by extension Apple Pay. Yet to come across a place where it didn't work.

Same in Canada, I'd estimate 80%+ of places I go to support NFC payment - though I live in a major city so it might be less in more rural areas.

Re: Apple Pay on pace to account for 10% of global card transactions

#399

Post by ceejayoz »

reaperducer wrote: post #162
nickhalfasleep wrote: post #115

Earlier quoted context omitted.

I wonder if contactless will also gain favor as being less likely to spread disease. If you just wave the authentication device, it is less likely to communicate surface contamination.

Considering how frequently people use their devices while sitting on a toilet, I'm not so sure.

That doesn't matter, though. No one else touches the device.

Re: Apple Pay on pace to account for 10% of global card transactions

#400

Post by ssully »

xenspidey wrote: post #385
closeparen wrote: post #312

Earlier quoted context omitted.

Sometime around 2014-15 when Ventra was rolling out in Chicago, I was intrigued by the "contactless" thing it was advertising. Some copy on Citi's website indicated there might be a contactless version of my card. Customer service had no idea what I was talking about. After a while on hold, I learned that there had been a contactless version, but it was retracted. In the US market, Apple Pay came on the scene way big…

Google Pay (then Google wallet) came out in 2011, 3 years before Apple pay and 4 years before Samsung Pay. So no, Apple was not the one to field the technology.

Yeah, but it was another case of Apple doing it better then anyone. I was an Android user from probably 2009 until 2016 and used Google Wallet as much as I could. In fact, I think I still have my Google Wallet card [1] in a drawer at home. The simple fact was Google Wallet's NFC payments were neat when they worked, but the support was terrible. I am not sure if it's because the US was so behind when it came to credit card terminal technology at the time, but the support incredibly lacking.

[1]: https://en.wikipedia.org/wiki/Google_Pay_Send#/media/File:Th...

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