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IWETHEY Home / IWETHEY Board / Open Forum / Yup. NFC payments sound great...
Post #394,325
by Another Scott
9/9/14 2:57:41 PM
Reply
New Yup. NFC payments sound great...
Lots of phones have had it a long time, and Apple's trying to play "last-mover" again. No doubt something like that is eventually going to replace cash and credit cards, but the devil's in the details.

Who's going to pay for all the scanners to read people's phones?

Does anyone think MC/Visa/AmEx/Diner'sClub/etc. is just going to go away? (Well, sure, Diner's Club, ...) Each of them is going to try to find a way to keep their toll-booth and not just let Apple control everything.

And who's liable when you get locked out or someone empties your account?

Lots of questions...

But it's good to see things moving forward. Competition with the bank cards is good.

Cheers,
Scott.
(Who wonders if Google is going to push their Wallet a little harder now...)
Post #394,326
by Another Scott
9/9/14 3:08:40 PM
Reply
New Reading through the Event liveblog...
It looks like they've said they've addressed lots of the things I brought up. We'll see.

But $349 Apple Watch + iPhone means that it won't come cheap...

Cheers,
Scott.
Post #394,327
by pwhysall
Picture of pwhysall
9/9/14 3:11:05 PM
Reply
New My card has a killer feature.
It has no battery to go flat.

And if I lose it or it gets stolen, I report it, and I get another one.

And if someone goes shopping in the interim, I'm automatically covered, as long as I report it.

And it works as a regular card when contactless isn't available or I spend more than £20.

I can use it in person, on the internet, at cashpoints.


That's more than one killer feature, really.
Post #394,339
by rcareaga
Picture of rcareaga
9/9/14 4:06:55 PM
Reply
New You sound a bit like me
...telling kid brother (b. 1961) why I still pay my bills by paper checks. He is kind enough to mask his condescension.

cordially,
Post #394,497
by gcareaga
9/12/14 10:34:47 AM
Reply
New /condescension filter off
Checkbooks are like chamberpots. They are useful in an emergency or if you have an irrational fear that someone is going to steal your shit.

/filter on
     cashless transactions - (rcareaga) - (11) - Sept. 9, 2014, 02:01:23 PM EDT
         Damned right it will. - (Andrew Grygus) - Sept. 9, 2014, 02:14:56 PM EDT
         you could always move to cash nevada -NT - (boxley) - Sept. 9, 2014, 02:15:29 PM EDT
         Looking in on the Apple Watch - (rcareaga) - Sept. 9, 2014, 02:40:11 PM EDT
         Had that on my Nokias for a couple of years - (pwhysall) - (5) - Sept. 9, 2014, 02:54:00 PM EDT
             Yup. NFC payments sound great... - (Another Scott) - (4) - Sept. 9, 2014, 02:57:41 PM EDT
                 Reading through the Event liveblog... - (Another Scott) - Sept. 9, 2014, 03:08:40 PM EDT
                 My card has a killer feature. - (pwhysall) - (2) - Sept. 9, 2014, 03:11:05 PM EDT
                     You sound a bit like me - (rcareaga) - (1) - Sept. 9, 2014, 04:06:55 PM EDT
                         /condescension filter off - (gcareaga) - Sept. 12, 2014, 10:34:47 AM EDT
         Claimed 6% fraud rate on Apple Pay - (Another Scott) - (1) - March 7, 2015, 07:50:27 PM EST
             But the banks take the hit, so Apple is golden. - (a6l6e6x) - March 7, 2015, 11:18:14 PM EST

Denying simple readings of the process.
175 ms