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The point is that as far as the merchant's reader is concerned, there's no difference. It uses NFC to read a card. If it's required to get a PIN because of floo

by rswail 4y ago

The point is that as far as the merchant's reader is concerned, there's no difference. It uses NFC to read a card. If it's required to get a PIN because of floor limits etc, it will still ask for a PIN. Chip+PIN is the basis of contactless+PIN, same EMV standard, same stuff happens under the covers. Different business rules for merchant risk, chargeback etc

Hamuko 4y ago
>If it's required to get a PIN because of floor limits etc, it will still ask for a PIN. That doesn't happen with Apple Pay though, since it's an authenticated NFC payment. My (physical) Visa card has a 50€ contactless limit but with Apple Pay, I can just use it to the card's limits. I've paid for a 880€ MacBook with just tapping my Apple Watch against a reader.
- rswail 4y ago
  That has nothing to do with Apple Pay and everything to do with the merchant's reader, their transaction acquirer, and their merchant bank. As far as the reader is concerned, for contactless, there is no, as in none as in nada difference between a contactless payment with a physical Visa card, or a contactless payment using Apple Pay (or Google or Samsung Pay). They are all "authenticated NFC payments".
- shawabawa3 4y ago
  The limits are up to the provider, phone payments are more secure because they require you to unlock so generally the providers have higher or no limits It doesn't change the fact that the reader doesn't know if it's a phone or not, it's just a contactless payment standard
  - rswail 4y ago
    The providers (and the readers) can't tell if it is a physical card or a secure element on a phone. So there aren't "different limits" for Apple/Google/Samsung Pay compared to using your physical Visa/MC/Amex/Discover/etc card.
    - shawabawa3 4y ago
      I wasn't very clear with the word "providers" > So there aren't "different limits" for Apple/Google/Samsung Pay compared to using your physical Visa/MC/Amex/Discover/etc card. Not from the _payment_ provider (mastercard/visa/etc), but from the _card_ provider (google pay/apple pay/banks) - e.g. my Bank card has a contactless limit of £100, but that same card via Google Pay has a limit of ??? (never reached it, thousands probably)

by rswail 4y ago

Hamuko 4y ago

>If it's required to get a PIN because of floor limits etc, it will still ask for a PIN. That doesn't happen with Apple Pay though, since it's an authenticated NFC payment. My (physical) Visa card has a 50€ contactless limit but with Apple Pay, I can just use it to the card's limits. I've paid for a 880€ MacBook with just tapping my Apple Watch against a reader.

rswail 4y ago
That has nothing to do with Apple Pay and everything to do with the merchant's reader, their transaction acquirer, and their merchant bank. As far as the reader is concerned, for contactless, there is no, as in none as in nada difference between a contactless payment with a physical Visa card, or a contactless payment using Apple Pay (or Google or Samsung Pay). They are all "authenticated NFC payments".
shawabawa3 4y ago
The limits are up to the provider, phone payments are more secure because they require you to unlock so generally the providers have higher or no limits It doesn't change the fact that the reader doesn't know if it's a phone or not, it's just a contactless payment standard
- rswail 4y ago
  The providers (and the readers) can't tell if it is a physical card or a secure element on a phone. So there aren't "different limits" for Apple/Google/Samsung Pay compared to using your physical Visa/MC/Amex/Discover/etc card.
  - shawabawa3 4y ago
    I wasn't very clear with the word "providers" > So there aren't "different limits" for Apple/Google/Samsung Pay compared to using your physical Visa/MC/Amex/Discover/etc card. Not from the _payment_ provider (mastercard/visa/etc), but from the _card_ provider (google pay/apple pay/banks) - e.g. my Bank card has a contactless limit of £100, but that same card via Google Pay has a limit of ??? (never reached it, thousands probably)