5 ms·

> It will force Apple to improve their product over what the banks can do constantly and that's how we customers win. Currently, I add my bank card to the Appl

> It will force Apple to improve their product over what the banks can do constantly and that's how we customers win. Currently, I add my bank card to the Apple Wallet, tap my phone/watch on a terminal and payment goes through. It's not entirely clear to me how this ruling will force Apple to 'improve their product' from a consumer point of view. I'm not even sure what it will achieve, other than perhaps forcing Apple to engineer interoperability with institutions that don't want to accept ApplePay restrictions on privacy or simple UI.

izacus 7y ago
For me it's pretty clear - it'll allow me to use my iPhone to pay for things since Apple won't work with my bank and my bank wants to support payments anyway. On Android my bank released their own app to process contactless payments. It works well and it's secure by all legal standards required here in EU. Even though Google doesn't support my region, payments work fine. This is an option that I want Apple platform to offer as well. Not that it's an OPTION - Apple Pay is still there and can still be supported and used by whoever. Noone is interfering with that.
- msh 7y ago
  Apple does not prevent banks to release their own payment apps. There are several on the app store in my country.
  - icebraining 7y ago
    Not to process contactless.
  - Telluur 7y ago
    Although you are correct. Apple does deny access to the NFC contactless for payment applications.
- cynix 7y ago
  > Apple won't work with my bank More likely your bank won’t work with Apple because they don’t want to pay Apple a cut of the fees. > Note that it's an OPTION - Apple Pay is still there and can still be supported and used by whoever. It’s highly likely that if Apple opens up NFC access to bank apps, they’ll stop supporting Apple Pay and force you to use their app, so there won’t be an option.
  - holstvoogd 7y ago
    Exactly, here in the Netherlands I know at least two bank support ApplePay and that works great. All the other banks are not supported because they don't want to make the effort.
    - akvadrako 7y ago
      I think your information is out of date. The biggest banks like ABN-AMRO and Rabobank now support Apple pay along with the few that have supported it for months.
  - izacus 7y ago
    > More likely your bank won’t work with Apple because they don’t want to pay Apple a cut of the fees. So now it'll work because they can choose another processor which doesn't demand Apple's fees. That's how free market should work. If Apple provides value, then they'll keep using Apple Pay.
    - colejohnson66 7y ago
      There already is a free market: buy an Android. You’re not required to buy an iPhone.
      - Fnoord 7y ago
        With the alternative, Google Pay, you pay with your privacy.
Moru 7y ago
So you still need a payment card? Most payment cards can do this without a phone, you just touch the screen with the card.
- tomashubelbauer 7y ago
  AFAIK Apple ID doesn't expose your actual card number, so using it over a card has two benefits: 1) no need to grab a card from the wallet, just tap the phone I probably already have in hand 2) privacy
  - jeremyjh 7y ago
    It may not expose it to the employee at the register, but the card number (actually, there are two numbers) is still sent to their merchant bank.
    - dstaley 7y ago
      I don't think this is accurate. I'm fairly sure Apple Pay uses tokenization, so the merchant/merchant bank never sees the actual card details. The only party in the transaction who knows the actual card details is the issuing bank.
      - deleted 7y ago
        [deleted]
      - jeremyjh 7y ago
        You are right, I was mistaken. The DPAN is the tokenized card number, and that is the only account number an acquirer will have. My experience seeing both in the auth system log was from the issuer side.
- jeremyjh 7y ago
  You need a payment card and it still clears through Visa/Mastercard just like any other credit or debit card. In the US we don't have contact-less payment cards though, you have to insert the chip.

izacus 7y ago

For me it's pretty clear - it'll allow me to use my iPhone to pay for things since Apple won't work with my bank and my bank wants to support payments anyway. On Android my bank released their own app to process contactless payments. It works well and it's secure by all legal standards required here in EU. Even though Google doesn't support my region, payments work fine. This is an option that I want Apple platform to offer as well. Not that it's an OPTION - Apple Pay is still there and can still be supported and used by whoever. Noone is interfering with that.

msh 7y ago
Apple does not prevent banks to release their own payment apps. There are several on the app store in my country.
- icebraining 7y ago
  Not to process contactless.
- Telluur 7y ago
  Although you are correct. Apple does deny access to the NFC contactless for payment applications.
cynix 7y ago
> Apple won't work with my bank More likely your bank won’t work with Apple because they don’t want to pay Apple a cut of the fees. > Note that it's an OPTION - Apple Pay is still there and can still be supported and used by whoever. It’s highly likely that if Apple opens up NFC access to bank apps, they’ll stop supporting Apple Pay and force you to use their app, so there won’t be an option.
- holstvoogd 7y ago
  Exactly, here in the Netherlands I know at least two bank support ApplePay and that works great. All the other banks are not supported because they don't want to make the effort.
  - akvadrako 7y ago
    I think your information is out of date. The biggest banks like ABN-AMRO and Rabobank now support Apple pay along with the few that have supported it for months.
- izacus 7y ago
  > More likely your bank won’t work with Apple because they don’t want to pay Apple a cut of the fees. So now it'll work because they can choose another processor which doesn't demand Apple's fees. That's how free market should work. If Apple provides value, then they'll keep using Apple Pay.
  - colejohnson66 7y ago
    There already is a free market: buy an Android. You’re not required to buy an iPhone.
    - Fnoord 7y ago
      With the alternative, Google Pay, you pay with your privacy.

Moru 7y ago

So you still need a payment card? Most payment cards can do this without a phone, you just touch the screen with the card.

tomashubelbauer 7y ago
AFAIK Apple ID doesn't expose your actual card number, so using it over a card has two benefits: 1) no need to grab a card from the wallet, just tap the phone I probably already have in hand 2) privacy
- jeremyjh 7y ago
  It may not expose it to the employee at the register, but the card number (actually, there are two numbers) is still sent to their merchant bank.
  - dstaley 7y ago
    I don't think this is accurate. I'm fairly sure Apple Pay uses tokenization, so the merchant/merchant bank never sees the actual card details. The only party in the transaction who knows the actual card details is the issuing bank.
    - deleted 7y ago
      [deleted]
    - jeremyjh 7y ago
      You are right, I was mistaken. The DPAN is the tokenized card number, and that is the only account number an acquirer will have. My experience seeing both in the auth system log was from the issuer side.
jeremyjh 7y ago
You need a payment card and it still clears through Visa/Mastercard just like any other credit or debit card. In the US we don't have contact-less payment cards though, you have to insert the chip.