Originally Posted by pika2000
Need Apple? Personally, retailer support is more important. What's the point of NFC if I can only use it on certain few retailers, regardless whether I have an Apple device or not? Have everything, including public transportation, ATMs, vending machines, retailers, grocery stores, ticket booths, all use the same standard, then NFC will gain traction. Until then, it's easier to swipe my credit card.
For retailers, they generally use whatever their merchant services ie. bank provides to them in the forms of terminals. In Australia anyway, they've had the proprietary Australia-only EFTPOS system for decades now in addition to Credit and Debit Visa/Master etc. So a long time ago terminals were standardised. Now I notice in the past five years they've all switched to GSM ie. wireless terminals... Again fairly standardised, updated with GSM and no phone line needed plus "smart chips" and that stuff.
I've noticed PayPass popping up here and there but it would take the bank to deploy, through their merchant services, the new terminals. Heck, even the taxi I took last week had it, he was tapping the terminal and was like WTF? No NFC? (well, not in so many words).
Anyone that works in retail knows the terminals are critical but also something you don't wrack your brain about. Call the bank merchant services, if you're happy with their fees or whatever, okay, send em' over. Unless they are charging more for NFC terminals I don't see why a retailer wouldn't take them.
For the CONSUMER though I am not sold on the security. In Australia any purchase under $100 (at least for one of the big bank's NFC Visa Debit) is totally automatic like a mass transit card or something. No signature, pin, whatever required.
If you lost your card... That's why I generally use the proprietary EFTPOS system because a pin is always required for all transactions. I also like it because the amounts are reflected straight away in your online banking list, rather than the credit card which spools transactions and takes days to show up in your online transaction list.
I also have a regular MasterCard credit card and at least some times the cashier will look at the signature.
NFC, particularly in Asia, where cash is still king (like you wouldn't believe), to succeed, has to address the security issues above, and the bank merchant services have to offer attractive packages for it... (Most of the reasons why Asian retailers in Asia and the West prefer cash is because of tax reasons, mistrust, and avoiding the 3% commission or whatever that Visa/Master/banks take on each sale... Never mind that the terminals are provided and serviced by the banks, provides convenience to customers and reduces the massive amount of time needed to count and bank cash and coins... Not fun, in a short stint it was 10pm and I had 15,000 in cash to count, by 11pm I had barely made any progress... But still, nothing gets most SME Asian business owners off like cash in hand, and a customer paying lump sums in cash)