Apple's secret iPhone 6 digital payment system said to also include Visa & MasterCard

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  • Reply 41 of 146
    mobiusmobius Posts: 380member
    Quote:

    Originally Posted by PhilBoogie View Post



    In this day and age where everything is 24/7 I cannot believe how slow this site is on reporting on these Apple topics. Some Many will consider this as 'old news'.

    This is the first time I heard about it.

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  • Reply 42 of 146
    mobius wrote: »
    This is the first time I heard about it.

    Maybe I'm reading too many tech sites, but I think this site was almost a full day behind.
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  • Reply 43 of 146
    superdx wrote: »
    Interesting that it's only celebs that got "hacked", and that there wasn't a massive data breach against other users (i.e. everyone else)

    This "scandal" is starting to look like someone on the inside was responsible. Just my initial impression.
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  • Reply 44 of 146
    misamisa Posts: 827member
    mobius wrote: »
    This is the first time I heard about it.
    It's been mentioned a lot since the first PCB lean with there being a suspected NFC chip space. Likewise myself and several other posters have been mentioning NFC payments over and over. We know it was going to come eventually.

    Also I haven't actually seen anyone in Canada use any mobile phone for payments. BMO had a Paypass card thing you could stick on the back of your cell phone but I wouldn't be willing to use such a thing (it's a Paypass-only version of the card.)

    But I think the real purpose here is to tie the Apple payments, not just let the devices be used to accept Paypass/Paywave or used with Paypass Paywave. The last thing we need are people who put all their wallet cards on the smart phone, and then lose the smartphone...

    I see it now, Drivers licenses, birth certificates, credit cards etc all on the phone. Phone is stolen, self-destruct is sent, new device bought and restored from the cloud. In theory that's just too convenient to work.
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  • Reply 45 of 146
    misa wrote: »
    I see it now, Drivers licenses, birth certificates, credit cards etc all on the phone. Phone is stolen, self-destruct is sent, new device bought and restored from the cloud. In theory that's just too convenient to work.

    Your statement is self-contradictory. If it's easy to use and secure, then it's effective. Think first before you submit your comment.
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  • Reply 47 of 146
    blackbookblackbook Posts: 1,361member
    On the topic of credit cards and Mobile payments...

    This will only take off when Apple can get state and local governments to allow digital driver's licenses, as well as health providers to provide digital health insurance cards (which may already be in the works).

    With Passbook handling store memberships (which I'm hoping more retailers will offer Memebership Passes via passbook), and Apple's iWallet handling payments and possibly DLs, and Healthbook handling insurance information no one will need to carry a physical wallet ever again.

    The perk of not carrying a wallet could be enough for consumers to see the value in mobile payments as long as they can get EVERYTHING digital on their phone or iWatch.
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  • Reply 48 of 146
    blackbookblackbook Posts: 1,361member
    misa wrote: »
    I see it now, Drivers licenses, birth certificates, credit cards etc all on the phone. Phone is stolen, self-destruct is sent, new device bought and restored from the cloud. In theory that's just too convenient to work.

    That problem was alleviated with both Find My iPhone and TouchID.

    Find my iPhone already included a kill switch if the phone is stolen which a standard wallet obviously does not include. If your wallet is lost or stolen you must call each bank individually to cancel cards and ship new ones to you, and them you have to go to the DMV to pay for a new drivers license.

    Find my iPhone destroys the need for all of that.

    Also the majority of people with TouchID use it to lock their phones. If someone were to steal the phone they would be unable to unlock it to steal your personal information anyway.
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  • Reply 48 of 146
    Actually, one cannot simply leave one's credit cards behind, even with a well-designed Apple implementation. There are too many points of sale and kiosks that require an actual card to swipe or insert (ATMs and gas stations, primarily) in the US to allow a person to rely on an NFC solution. We are in the infant stages of NFC in the US.
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  • Reply 50 of 146
    Actually, one cannot simply leave one's credit cards behind, even with a well-designed Apple implementation. There are too many points of sale and kiosks that require an actual card to swipe or insert (ATMs and gas stations, primarily) in the US to allow a person to rely on an NFC solution. We are in the infant stages of NFC in the US.

    I do agree that we are more or less in the infant stages of this. But I will observe this: in the area where I live, I have observed that many merchants have replaced their terminals over the last year to two years, and in every case the new terminals all feature RFID readers. This is being done most likely because there is a strong initiative in the US to bring chip and pin technology here for the purposes of fraud prevention. That initiative is supposed to be complete in the next few years.

    Does that mean app was about to introduce a payment system or include NFC in their phones? I don't really know obviously. But I would suggest that now is a really excellent time to be getting into that market.
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  • Reply 51 of 146
    philboogie wrote: »
    In this day and age where everything is 24/7 I cannot believe how slow this site is on reporting on these Apple topics. Some Many will consider this as 'old news'.

    Don't be so impatient. I'd prefer AI to be slow and considered than fast and inaccurate.
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  • Reply 52 of 146
    solipsismx wrote: »
    aaronj wrote: »
    While I completely agree with you on the education issue, this is also a problem that is caused by people simply never believing that "it could happen to them."

    I think that's an extension of education in both what they record on a digital format both privately and publicly, and how they understand and execute security of their digital content.

    No education required.

    If incriminating photos were made as a consenting adult, then they are responsible, whatever the content. If you don't want embarrassing photos made public, don't have the photos taken in the first place. Problem solved.
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  • Reply 53 of 146

    It makes sense that Visa and Master card and AMEX are all included.
    The question now is how does Apple make money and how much?

    Irrelevant questions. It's all about the ecosystem.
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  • Reply 54 of 146
    apple ][apple ][ Posts: 9,233member
    Quote:

    Originally Posted by anantksundaram View Post





    'Drudge' says it all.

    Perhaps, but they're not the only source for this "news".

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  • Reply 55 of 146
    apple ][apple ][ Posts: 9,233member
    Quote:

    Originally Posted by Benjamin Frost View Post





    No education required.



    If incriminating photos were made as a consenting adult, then they are responsible, whatever the content. If you don't want embarrassing photos made public, don't have the photos taken in the first place. Problem solved.

     

    Agreed. I would never upload any "compromising" pictures or videos to any site, no matter how supposedly secure that site is, especially if I were a celebrity, who is an attractive target for hackers.

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  • Reply 56 of 146
    apple ][ wrote: »
    'Drudge' says it all.
    Perhaps, but they're not the only source for this "news".

    Yeah, in fairness, I guess he was just reporting what other sites were already saying. But the headline, as usual, was an exaggeration.
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  • Reply 57 of 146
    melgrossmelgross Posts: 33,717member
    Actually, one cannot simply leave one's credit cards behind, even with a well-designed Apple implementation. There are too many points of sale and kiosks that require an actual card to swipe or insert (ATMs and gas stations, primarily) in the US to allow a person to rely on an NFC solution. We are in the infant stages of NFC in the US.

    Assuming that this becomes successful, unlike Google wallet, it will still take years befor it's accepted almost universally. Some places still don't take credit cards!

    It costs thousands for NFC terminals, and retailers have been very slow in replacing theirs with one of them. Google couldn't convince retailers to do this. But then, how many credit cards does Google have for people signed up with it? None? Apple has over 800 million, many more than any individual credit card company, and over four times as many as Amazon.

    This could be a success, but it will take years. Apple will sell over 200 million phones in 2015. Most will have this chip. They'll sell possibly 15% more in 2016, and a greater percentage will have this chip. In three years, it's possible that there could be over 500 million iPhones with this inside. What about tablets? I haven't seen anything written about that aspect of it. If they have Touch ID, as expected, how much more would it cost to include this cheap NFC chip? Clumsy in a full size tablet, but possibly not so much for the 8" model.

    I remember when I was 20 and got my first AmEx card (so long ago). It was a big deal back in 1970, but not now. The same will happen with this, but it will take time. Perhaps we won't need our cards at some point in the future. Or perhaps they will also come with NFC and radio.
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  • Reply 58 of 146
    melgrossmelgross Posts: 33,717member
    Irrelevant questions. It's all about the ecosystem.

    It's all part and parcel. Having all three major card companies on board assures that Apple could have representation around the world, with companies that are already trusted. That's no small thing for retailers who already deal with them.

    Apple offers this companies over 800 million credit cards. But fairly, it will take several years before enough people upgrade their phones to this for all of those cards to be usable for this, unless Apple will be using Bluetooth and WiFi in conjunction, as they do in their stores (at least in the USA). Then there are the terminals that need to be bought.
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  • Reply 59 of 146
    If you didn't want your car stolen you should never have bought it in the first place.
    No education required.

    If incriminating photos were made as a consenting adult, then they are responsible, whatever the content. If you don't want embarrassing photos made public, don't have the photos taken in the first place. Problem solved.
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  • Reply 60 of 146
    clemynx wrote: »
    iCloud doesn't store videos.

    If you create a public or private Shared Photo Stream (read: private) it sure does:

    700
    700

    Not that I believe these celebs would know about that feature. I don't think most people do.
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