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Apple Pay is like iBook to me. Apple making these grandiose claims about how much they are doing this for us. Yet there is this issue of Apple taking a cut whil
by Shivetya 12y ago
Apple Pay is like iBook to me. Apple making these grandiose claims about how much they are doing this for us. Yet there is this issue of Apple taking a cut while binding us the very credit card companies many of us find repugnant. I know, but its Apple!!! Well Apple condom or not, its still the same in the end, they sell us to the CC companies and we are supposed to be happy.
Check with my credit union, no plans though a CC I do have elsewhere does offer it.
As far as stores, I can see the issue with being bound to the higher payment structure CC require (in or out) compared to options they are developing as a group. I am not too pleased with privacy issues of their idea but its not like I appreciate my CC's privacy issues either
- aaronem 12y agoIt's been some decades since the only option for a payment card was a line of revolving credit. You can get one that's tied to a deposit account, no chattel-slavery strings attached, and they sure are handy things to have. (I don't love revolving credit any more than the next guy -- less, in fact; I've worked in the industry and seen its unloveliness firsthand. But you can get the benefit of a payment card without it.)