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> 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
by ckastner 8y ago
> 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 Card, with Mastercard handling payment processing. The mastercard network, plus the benefits Apples is offering (eg 2pct cashback), could make this really attractive.
- jki275 8y agoThere's a physical card you can use as well.
- 4ad 8y ago~~But not online. Online is ApplePay only.~~ Edit: Apparently not.
- briandear 8y agoNo true. You can use your standard card numbers online without Apple Pay. You get the numbers from within the wallet app.
- nightski 8y agoI'm not going to get an Apple credit card heh. But where did you see this info? They said the number & ccv would be available via the apple wallet app for use online (although you only get 1% back).
- saagarjha 8y agoThere’s an actual card number and CVV code associated with the card.
- jki275 8y agoSure you can, you just have to pull the info from your wallet app.
- r00fus 8y agoThis is why it's an 80% solution. Most of my online purchases are at specific places (Amazon, other sites using Paypal, directly through airlines, etc). However, if Apple can isolate most Apple purchases to using their own card, things get interesting. 3% off Apple purchases is pretty decent. Kind of like Amazon wants all it's data for purchases through it's own card.
- selectout 8y agohttps://www.apple.com/apple-pay/where-to-use/ https://www.apple.com/apple-pay/where-to-use/ Overall I try and use Apple Pay where I can and find about 2/3 of the time I want to use it I can. My biggest struggles have essentially been at smaller stores that still just have basic square swipers and obviously the occasional cash only locations.
- Kpourdeilami 8y agoIn Canada I pay for pretty much everything with Apple Pay. It is accepted wherever there is tap available. There is only one coffee shop out of 100+ stores in my town that I can think of that doesn't support Apple Pay
- jafingi 8y agoI use it everyday (never have my physical cards with me anymore). Everywhere you can pay with contactless credit cards, you can pay with Apple Pay.
- danso 8y agoIn Chicago, a lot of chain stores allow for Apple Pay, such as Aldis and Dunkin Donuts. But it’s hit or miss for independent shops. Some nice coffee shops and restaurants have tablets, but these often aren’t equipped to take Apple Pay.
- smileysteve 8y ago> 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.
- saagarjha 8y agoNot just touchless, since there’s a physical card as well.
- ValentineC 8y ago> 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. I don't think merchants have to pay anything extra to accept Apple Pay. It's the banks that have to pay a "marketing fee" to Apple to let their cards work with Apple Pay.
- siculars 8y agoI 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.
- spectramax 8y agoWith the new Apple Card, somewhere in the presentation Apple had "Goldman Sachs will never sell your data to third parties" but what about the MasterCard backend? Surely, they'll see exact transactions and store information?
- theshrike79 8y agoThey explained this in the keynote. They are generating a per-transaction card number, so there is no reasonable way for Mastercard to track what a certain person is buying.
- spectramax 8y agoThanks for the insight. So, now the question is whether GoldmanSachs can be trusted. Honestly, Apple is the only large company in existence that I can fully trust with my privacy. Given that this whole thing has been orchestrated by Apple, it wouldn't be too surprising for Apple to put preventative measures around GoldmanSachs based on their sleezy history.
- dmayle 8y agoWhat they described was card tokenization via the existing EMV standard for contactless payments. * Tokenization is using a unique per-device credit card. These are generated by the payment network, so Mastercard knows who is making the payment. * EMV includes per-transaction tokens. At no point did Apple say anything the prevents MasterCard from tracking your purchases. MasterCard shares this data with the credit networks, and the credit networks sell this data to third parties.
- guuz 8y agoSurprisingly the service is widely avaialible in my country (Brazil). Almost every credit card reader down here has NFC
- paul7986 8y agoApple Pay is available and used for about 50% of my daily transactions here in the Washington DC/Mid-Atlantic region.
- ex3ndr 8y ago100% in russia
- saagarjha 8y agoThey had a slide showing something like 95%.
- deleted 8y ago[deleted]
- mises 8y agoI don't use it, but I just read (can't remember where) that adoption in America is about 70% of stores and 99% in Australia. This corresponds to another comment's assessment that it was available in about 2/3 of stores.
- b3b0p 8y agoI live and work in downtown Minneapolis and it’s becoming rare not to see Apple Pay. I use it whenever possible. It’s convenient and fast.
- _q1p5 8y agoWell in France nearly every shopping place accepts contactless payments. So I can basicly use it everywhere here. It’s fast and reliable. I like it.
- vinay427 8y agoNFC payments are virtually on par with chip card payments in Switzerland, and it seems better every day in the US. I wouldn't say it's a replacement, particularly if you travel to one of many other countries, but Samsung Pay is very universal in my daily life.