Cvs wants to get your purchase history and not pay any credit card fees - so, they're banning apple pay. It almost doesn't make sense. The reason it does, is that Apples system is well done. If it wasn't, they wouldn't see a threat, like with Google wallet. They know that Appke has done such a good job with this that it might take off, and they won't have a chance to compete. The problem I see, is that this is based on their needs and not the customers. When a company makes a decision based off of how they can benefit themselves at the expense of the customer, it always backfires. Apple pay is not going to hurt CVS, they've used credit cards for years. If they wanted to do a system like this, they should have done that it years ago.. But waiting till Apples system comes out shows how backwards and scared they are.
Since you are so offended by my post about paper please, line by line, critique each point I have made and please include the reason that you find it so objectionable and inappropriate, rather than just that you consider it to be incoherent.
How about:
Why in the hell would you need to print out receipts to do taxes?
There is value in getting itemize receipts for use in expense accounting and budgeting ...
But, there is no need to print them out.
The merchant's POST terminal could WiFi them to the iPhone in a future extension to Apple Pay.
Remember that computers were going to create a paperless office? Thirty years of personal computing has killed more trees than any invention in the history of man. Ideally we should get both a digital copy of the receipt as well as a small piece of paper, rather than a full sheet 8.5 x 11 for each receipt you need to print out later. Not to mention the hassle of finding an AirPrint printer or emailing to your desktop and paying for the ink and paper.
Jokes on you, Receipts are not thermal or moisture stable. Sometimes I go to find a receipt from 5 years ago and all that's left is a blank receipt with the store logo on it.
If it wasn't so obnoxious I'd actually prefer the dot-matrix thermal receipts of old, at least they were burned permanently into the paper. Then again, I'd rather be able to just click "view receipt for this transaction" on my bank/credit card website, and have every receipt emailed to me as the transaction is approved so I can check for errors before I drive out of the parking lot.
I don't see this working out for them in the long run. NFC payment terminals are now an international standard for payments. It's the USA who are behind on this one. Apple pay and similar NFC based solutions are very much the future of payments in the USA too. Consumers want it, retailers want it. It's a natural win/win.
Similarly Apple is far more ambitious at rolling out their NFC based partnerships than what this conglomerate is able to; amusingly however is that CurrentC requires apple's cooperation as it distributes via the app store. It's current trajectory is almost bound to come unstuck with several app store policies regarding personal privacy. Linking directly to a bank account, that doesn't sound kosher (or secure.)
There is value in getting itemize receipts for use in expense accounting and budgeting ...
But, there is no need to print them out.
The merchant's POST terminal could WiFi them to the iPhone in a future extension to Apple Pay.
I'm
I'm not sure why I'm getting so much flack for explaining that I need printed receipts for my CPA to do my taxes. I've been using the same firm for twenty years and they save me thousands every year on deductions because they provide an exhaustive, comprehensive, detailed, account of every possible tax advantage I can legally use and it has never been challenged by the IRS, but he requires hard copy of everything in order to make it official.
Apple should produce advertisements about Apple Pay vs. CurrentC how retailers want to data mine your information, and that if you value your privacy you'll shop at Apple Pay aware retailers.
No need for that! Is iPhone user want to use and enjoy our iPhones as much as possible. This stores will be avoided pretty much automatically. Apple pay = my money. No Apple pay = no money from me
Jokes on you, Receipts are not thermal or moisture stable. Sometimes I go to find a receipt from 5 years ago and all that's left is a blank receipt with the store logo on it.
If it wasn't so obnoxious I'd actually prefer the dot-matrix thermal receipts of old, at least they were burned permanently into the paper. Then again, I'd rather be able to just click "view receipt for this transaction" on my bank/credit card website, and have every receipt emailed to me as the transaction is approved so I can check for errors before I drive out of the parking lot.
I'm all for that. Nothing wrong with digital receipts. I just need the printed receipt for the last 12 months for my taxes. If you don't itemize it is completely irrelevant.
I'm not sure why I'm getting so much flack for explaining that I need printed receipts for my CPA to do my taxes. I've been using the same firm for twenty years and they save me thousands every year on deductions because they provide an exhaustive, comprehensive, detailed, account of every possible tax advantage I can legally use and it has never been challenged by the IRS, but he requires hard copy of everything in order to make it official.
Because that is a personal problem you have that is unique to your CPA.
Stop pretending that it is a universal problem that negates the advantage of digital receipts for the rest of us.
I don't use a debit card because I don't want to expose my bank account to unwanted or erroneous transactions. Having a history of a) collecting personal data, b) not being able to protect that data and c) forcing me to allow direct access to my account is a guarantee that I will never cease to use my credit card or, now that it's here, ApplePay.
If I am not allowed to do either, I will go to other retailers. My money will not shop at stores that prevent me from paying securely, with a credit card.
On an interesting note: I did use ApplePay at a CVS yesterday. Go figure. Be interesting to see if I can tomorrow.
Change your CPA. Your files should all be submitted in PDF secure format.
Bullshit. I'm not going to scan my W2, 1099, bank interest, capital gains, property tax bills and a million other expenses. That would take forever because I don't generally receive them in a secure digital format in the first place. I can't believe there are so many inexperienced people posting idiotic advice on tax preparation.
Thanks Daniel, the hidden agenda of CurrentC is clear looking at the "benefits" they claim on their web site. Capture consumer data and bypass the credit card fees they currently have to pay. Nothing about consumer privacy and definitely nothing credible about consumer credit security.
CurrentC also states "Your information lives on our highly encrypted cloud %u2013 so it's never shared or stored on your phone" but does not mention data mining or what the merchant can do with comsuer data and buying history.
We need to shine bright lights on this deceptive alternative that ignores consumer privacy and credit security.
At its core, this isn't a war against Apple, it's a war against the credit card cartel; MC, Visa etc and the fees they charge merchants. I can't wait to see them start refusing plastic credit cards. Costco can get away with that, and perhaps Walmart, but not Best Buy or Sears.
No need for that! Is iPhone user want to use and enjoy our iPhones as much as possible. This stores will be avoided pretty much automatically. Apple pay = my money. No Apple pay = no money from me
Did you buy your phone because it fits your lifestyle or did you buy your phone so you can fit your lifestyle around it?
My emails expressing my opinion have gone off to both CVS and Rite Aid. No expletives but I let them know that they would no longer be patronized by me unless they allowed Apple Pay to be used in their stores. Let the marketplace determine which system prevails or if they will coexist.
Chick
I think stores can still use "membership cards" or "savings cards" to track your purchases in conjunction with Apple Pay or PayWave/PayPass. You are usually asked to give your name and address when you sign up for those cards. The cards are usually presented to receive a token savings on certain products, but otherwise, are used for data gathering. I don't see why they can't do that. At the end of the day, they won't be able to track everyone--certainly anyone who elects to pay by cash is not trackable.
No, I think this is pure and simple protectionism by a member of MCX. They've been working on their contactless payment alternative for over two years, and now that NFC-based systems are about to reach an inflection point with Apple Pay, they've killed NFC to try to slow it down. But all they're doing is inconveniencing their forward-thinking customers (Google Wallet or Apple Pay customers)--the demographic they need to impress with CurrentC. It's going to end up backfiring on them.
“Print out all your receipts! It’s Apple’s fault you have to waste paper!” " src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
What the hell is wrong with you? I have not criticized Apple whatsoever. I merely stated I need printed receipts and that I'm am an environmentalist trying not to kill trees. What part of that do you have a problem with?
Bullshit. I'm not going to scan my W2, 1099, bank interest, capital gains, property tax bills and a million other expenses. That would take forever because I don't generally receive them in a secure digital format in the first place. I can't believe there are so many inexperienced people posting idiotic advice on tax preparation.
Comments
CVS and RiteAide are wrong. I don't plan to purchase anything from these drug stores until they change their position.
There are so many other drug chains that are happy to take Apple Pay... Walgreen's for example.
There is value in getting itemize receipts for use in expense accounting and budgeting ...
But, there is no need to print them out.
The merchant's POST terminal could WiFi them to the iPhone in a future extension to Apple Pay.
I'm
Jokes on you, Receipts are not thermal or moisture stable. Sometimes I go to find a receipt from 5 years ago and all that's left is a blank receipt with the store logo on it.
If it wasn't so obnoxious I'd actually prefer the dot-matrix thermal receipts of old, at least they were burned permanently into the paper. Then again, I'd rather be able to just click "view receipt for this transaction" on my bank/credit card website, and have every receipt emailed to me as the transaction is approved so I can check for errors before I drive out of the parking lot.
Similarly Apple is far more ambitious at rolling out their NFC based partnerships than what this conglomerate is able to; amusingly however is that CurrentC requires apple's cooperation as it distributes via the app store. It's current trajectory is almost bound to come unstuck with several app store policies regarding personal privacy. Linking directly to a bank account, that doesn't sound kosher (or secure.)
There is value in getting itemize receipts for use in expense accounting and budgeting ...
But, there is no need to print them out.
The merchant's POST terminal could WiFi them to the iPhone in a future extension to Apple Pay.
I'm
I'm not sure why I'm getting so much flack for explaining that I need printed receipts for my CPA to do my taxes. I've been using the same firm for twenty years and they save me thousands every year on deductions because they provide an exhaustive, comprehensive, detailed, account of every possible tax advantage I can legally use and it has never been challenged by the IRS, but he requires hard copy of everything in order to make it official.
No need for that! Is iPhone user want to use and enjoy our iPhones as much as possible. This stores will be avoided pretty much automatically. Apple pay = my money. No Apple pay = no money from me
Jokes on you, Receipts are not thermal or moisture stable. Sometimes I go to find a receipt from 5 years ago and all that's left is a blank receipt with the store logo on it.
If it wasn't so obnoxious I'd actually prefer the dot-matrix thermal receipts of old, at least they were burned permanently into the paper. Then again, I'd rather be able to just click "view receipt for this transaction" on my bank/credit card website, and have every receipt emailed to me as the transaction is approved so I can check for errors before I drive out of the parking lot.
I'm all for that. Nothing wrong with digital receipts. I just need the printed receipt for the last 12 months for my taxes. If you don't itemize it is completely irrelevant.
Change your CPA. Your files should all be submitted in PDF secure format.
Because that is a personal problem you have that is unique to your CPA.
Stop pretending that it is a universal problem that negates the advantage of digital receipts for the rest of us.
If I am not allowed to do either, I will go to other retailers. My money will not shop at stores that prevent me from paying securely, with a credit card.
On an interesting note: I did use ApplePay at a CVS yesterday. Go figure. Be interesting to see if I can tomorrow.
Change your CPA. Your files should all be submitted in PDF secure format.
Bullshit. I'm not going to scan my W2, 1099, bank interest, capital gains, property tax bills and a million other expenses. That would take forever because I don't generally receive them in a secure digital format in the first place. I can't believe there are so many inexperienced people posting idiotic advice on tax preparation.
CurrentC also states "Your information lives on our highly encrypted cloud %u2013 so it's never shared or stored on your phone" but does not mention data mining or what the merchant can do with comsuer data and buying history.
We need to shine bright lights on this deceptive alternative that ignores consumer privacy and credit security.
At its core, this isn't a war against Apple, it's a war against the credit card cartel; MC, Visa etc and the fees they charge merchants. I can't wait to see them start refusing plastic credit cards. Costco can get away with that, and perhaps Walmart, but not Best Buy or Sears.
Or itunes?
“Print out all your receipts! It’s Apple’s fault you have to waste paper!”
" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
No need for that! Is iPhone user want to use and enjoy our iPhones as much as possible. This stores will be avoided pretty much automatically. Apple pay = my money. No Apple pay = no money from me
Did you buy your phone because it fits your lifestyle or did you buy your phone so you can fit your lifestyle around it?
My emails expressing my opinion have gone off to both CVS and Rite Aid. No expletives but I let them know that they would no longer be patronized by me unless they allowed Apple Pay to be used in their stores. Let the marketplace determine which system prevails or if they will coexist.
Chick
I think stores can still use "membership cards" or "savings cards" to track your purchases in conjunction with Apple Pay or PayWave/PayPass. You are usually asked to give your name and address when you sign up for those cards. The cards are usually presented to receive a token savings on certain products, but otherwise, are used for data gathering. I don't see why they can't do that. At the end of the day, they won't be able to track everyone--certainly anyone who elects to pay by cash is not trackable.
No, I think this is pure and simple protectionism by a member of MCX. They've been working on their contactless payment alternative for over two years, and now that NFC-based systems are about to reach an inflection point with Apple Pay, they've killed NFC to try to slow it down. But all they're doing is inconveniencing their forward-thinking customers (Google Wallet or Apple Pay customers)--the demographic they need to impress with CurrentC. It's going to end up backfiring on them.
“Print out all your receipts! It’s Apple’s fault you have to waste paper!”
" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />
What the hell is wrong with you? I have not criticized Apple whatsoever. I merely stated I need printed receipts and that I'm am an environmentalist trying not to kill trees. What part of that do you have a problem with?
Bullshit. I'm not going to scan my W2, 1099, bank interest, capital gains, property tax bills and a million other expenses. That would take forever because I don't generally receive them in a secure digital format in the first place. I can't believe there are so many inexperienced people posting idiotic advice on tax preparation.
You must be new here.