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Posts by melgross

Because the general population is unsophisticated, and certain groups are VERY good at getting their ideas out there, unopposed, because the other side has this crazy idea that people will know the truth.
But Apple said that this will work with some online stores. At least, I'm pretty sure I heard that said. And it will work for in app purchases.
The A7 containers the secure enclave, since it's a part of every new higher end ARM based chip. But possibly there is a newer version on the A8 and the S1 SoC in iWatch. We should know that shortly.One thing I can say that's known to be true about Apple, and that's that they won't announce something until it's done. So even if the older phones support this in some way without iWatch, even with ios8, they may not say so until it's out. And I think they said that Apple Pay...
Bah! I just looked at Apple's site for Apple Pay (two words). Apparently I mistook what was said. As I did say before, the iWatch is usable on phones back to the 5, but Apple Pay is only usable on those phones through iWatch, and only through store purchases, it seems, at least, right now. Maybe when iOS 8 is available for the older phones in app purchases and online purchases may work.http://www.apple.com/apple-pay/
Yeah. Cook said that there were 200 million people who could already use this. Maybe we're wrong, and the iPhone 5S is usable.
It will also work using the iWatch through the old iPhone 5, and 5S. But by the end of next year, we'll see a lot of iPhones sold that will use this directly. I believe my numbers are fairly close.The way you have to do this now is why it's not popular. Yes, techies will use it as a matter of pride, but for most others, it's way too much of a pain. And as I mentioned, and you agree with, it's limited to small purchases, just a few times a day. Basically, it's almost...
Well, I don't really want to get into a political and economic war here, but Germany is directly responsible for many of the problems the EU is having. And it's interesting that every decision that Germany has made that has resulted in deeper recession everywhere else in the EU, has benefitted them. Everyone e who understands economics knows that when economic times are bad, you spend your way out of it, and you don't tell countries to tighten up, which just results in...
I've read the opposite. We'll see.
It's a matter of cost. Apple stated in their presentation, that 220,000 locations will accept this in the beginning. That sounds like a lot. But it's also why Google Wallet failed. There are between 10-15 million retail locations in the USA alone. That makes the 220,000 seem like nothing at all.How much will a terminal cost, and how many will a retail outfit need? When replacing terminals as an upgrade the retailer makes every so often, it will make sense to replace them...
Not quite. It's been pointed out in a couple of financial articles that, as usual, the credit card companies will be responsible for fraud charges.
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