This all certainly makes for an interesting case study in security tradeoffs. I wonder if the numbers cited in the article about the rates of "traditional" cre

This all certainly makes for an interesting case study in security tradeoffs. I wonder if the numbers cited in the article about the rates of "traditional" credit card fraud (said to be 0.1%) include the massive costs borne by retailers, banks, and customers after the Target and Home Depot breaches and other similar compromises, scenarios that Apple Pay was well-designed to prevent. Of course, the 6% Apple Pay fraud rate is also magnified by the fact that the fraudsters of course took to this new system far far faster than regular consumers. Once more retailers and banks support Apple Pay, the relative proportion of fraud will drop. In the next two years as most Americans replace their existing Android and iOS phones with ones capable of low-friction NFC payments and awareness increases, the use of this technology will likely take off. Ultimately it sounds like best practice for individuals is to use a new credit card for Apple Pay, and not one that you ever use online or particularly in restaurants.