3 ms·

EDIT: thanks everyone for quickly correcting my mistake, I missed the part that explained that more forms of contactless payments would be accepted I don't rea

by ucha 5y ago

EDIT: thanks everyone for quickly correcting my mistake, I missed the part that explained that more forms of contactless payments would be accepted I don't really understand why a merchant would use this feature. If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? If you accepted only cash, maybe it's a small improvement because you can use your existing iPhone if you had one to accept cashless payments from Apple customers... Does Tap to Pay only make sense in the second case or am I missing something?

lxgr 5y ago
> why would you replace it with another one that only supports customers who own an Apple device? It's not only Apple Pay: > US merchants will be able to accept Apple Pay _and other contactless payments_
darrenf 5y ago
> If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? What makes you think it only supports payment from Apple devices? The press release is pretty clear: At checkout, the merchant will simply prompt the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallet near the merchant’s iPhone
microtonal 5y ago
If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? Did you read the article? At checkout, the merchant will simply prompt the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallet near the merchant’s iPhone, and the payment will be securely completed using NFC technology. This will accept contactless cards, Google Pay, etc. as well.
riskable 5y ago
Sure would be nice if Apple and Google got together to accept each other's systems. Or even better: If there was a standard that let any device send money with any other device (using compatible hardware). Imagine if there was a regulation that required interoperability. Or if the banks were forced to allow (authenticated) payments between systems without transaction fees. We're 20 years overdue for this.
- TAKEMYMONEY 5y ago
  Some kind of permissionless transactions on a decentralized ledger? I don't think the technology exists.
  - asadlionpk 5y ago
    Maybe we will have something like that once "crypto" dies.
    - sweetbitter 5y ago
      Why would peer to peer cash a la Monero die as long as you can make a connection with TLS though? You probably refer to the uninformed retail investor hype more than anything else.
mackmgg 5y ago
There are lots of small vendors (especially at farmers markets) still using the swipe only Square reader. This will presumably allow them to start accepting contactless as well. The main advantage of this is most banks put the liability from fraud on the business for swipe/manual entry transactions, but not for EMV (chip/tap) transactions.
- kyawzazaw 5y ago
  What do you think of this? https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.18716.html https://usa.visa.com/about-visa/newsroom/press-releases.rele... Note: I worked on this
deleted 5y ago
[deleted]

by ucha 5y ago

lxgr 5y ago

> why would you replace it with another one that only supports customers who own an Apple device? It's not only Apple Pay: > US merchants will be able to accept Apple Pay _and other contactless payments_

darrenf 5y ago

> If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? What makes you think it only supports payment from Apple devices? The press release is pretty clear: At checkout, the merchant will simply prompt the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallet near the merchant’s iPhone

microtonal 5y ago

If you already use a PoS, why would you replace it with another one that only supports customers who own an Apple device? Did you read the article? At checkout, the merchant will simply prompt the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallet near the merchant’s iPhone, and the payment will be securely completed using NFC technology. This will accept contactless cards, Google Pay, etc. as well.

riskable 5y ago

Sure would be nice if Apple and Google got together to accept each other's systems. Or even better: If there was a standard that let any device send money with any other device (using compatible hardware). Imagine if there was a regulation that required interoperability. Or if the banks were forced to allow (authenticated) payments between systems without transaction fees. We're 20 years overdue for this.

TAKEMYMONEY 5y ago
Some kind of permissionless transactions on a decentralized ledger? I don't think the technology exists.
- asadlionpk 5y ago
  Maybe we will have something like that once "crypto" dies.
  - sweetbitter 5y ago
    Why would peer to peer cash a la Monero die as long as you can make a connection with TLS though? You probably refer to the uninformed retail investor hype more than anything else.

mackmgg 5y ago

There are lots of small vendors (especially at farmers markets) still using the swipe only Square reader. This will presumably allow them to start accepting contactless as well. The main advantage of this is most banks put the liability from fraud on the business for swipe/manual entry transactions, but not for EMV (chip/tap) transactions.

kyawzazaw 5y ago
What do you think of this? https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.18716.html https://usa.visa.com/about-visa/newsroom/press-releases.rele... Note: I worked on this

deleted 5y ago

[deleted]