Exceptions that Apple has negotiated "card-present" rates from banks for apple pay Somehow this has taken off as a talking point, yet all NFC secure element pa

Exceptions that Apple has negotiated "card-present" rates from banks for apple pay Somehow this has taken off as a talking point, yet all NFC secure element payment solutions qualify as "card present". Google Wallet, for example, is card present. The NFC on my card is card present. It isn't about negotiations, but indicates the security of the presentation. NFC secure elements are considered card equivalent.