2 ms·
Owner of several Apple products. I never cared for the idea of Apple pay for one reason. I did not need one more touch point to deal with. People claim Apple pa
by Shivetya 12y ago
Owner of several Apple products. I never cared for the idea of Apple pay for one reason. I did not need one more touch point to deal with. People claim Apple pay simplifies buying but I am of the opinion I don't want any more people with that access to my credit information than I already have.
Yeah it might be able to provide a layer of anonymity that Paypal does for online purchases but I still end up with a service authorized to use my card.
What I do want and some CC services can provide is instant messaging of when the card is charged.
- ghshephard 12y agoYou seem to fail to recognize that every time you make a payment with your credit card, you create "one more touch point to deal with" - every shady taxi driver, every hole in the wall restaurant, every employee making $5/hour who just started that day - you are handing your credit card information (and cvv) to them. And, if they ask for ID, there is a non-zero chance that you are giving them your billing information as well. The value to users of Apple Pay, is that all disappears. They don't get anything useful, you never give them your credit card information, and the token they do get, is only good for that purchase. Apple pay is a huge leap forward in security, for the card holder - not necessarily for the banks though, if they don't actually verify that the number going into the phone is owned by the cardholder.
- jsight 12y agoGoogle Wallet's NFC payments immediately send an email receipt. It works pretty well.