PIN debit transactions give you almost no protection against fraudulent use, correct? If so, they should be cheaper.
Don't know in the US, but a PIN transaction in the EU is specifically authorised for that amount either by the bank, or for Moneo/Proton/GeldKard style cards by the on-card chip, and so the merchant is fully guaranted to get that amount less the rate. Customer is protected by his PIN as long that one is secret. 3 errors in a row even on different terminals will lock the card. Transaction is final and cannot be overturned.
This is the best protection for both customer and merchant.
But but but ... NFC! C'mon Fandroids, even your employer doesn't think NFC has a future or can't force pioneering companies to accept it.
My last employer used it in our employee badges to control access to the building. NFC and RFID are everywhere and aren't going away anytime soon. Whether NFC is needed on a smartphone is certainly debatable though. I'd say that the vast majority of people with phones that have NFC capabilities have never used their phone in that way.
My last employer used it in our employee badges to control access to the building. NFC and RFID are everywhere and aren't going away anytime soon. Whether NFC is needed on a smartphone is certainly debatable though. I'd say that the vast majority of people with phones that have NFC capabilities have never used their phone in that way.
Because there is limitation to charges in % that retailer can bare. Consumers will want this new way of payment and credit card institutions will simply have to share the income to the companies that didn't have like 40 years and did almost nothing to improve their service as they had, but rather choose to cash in only few years of development. This is why.
NFC is dead for sure now. Apple was correct in this just as they were about Flash. Amazing
Almost every store and shop I go into now days has the NFC capable point of sale systems. I will be sure to tell their manager that allenbf said this is dead and they should rip it off the counter.
That is too bad because I use NFC wallet everyday. I guess there is no room in this world for technology that does not come from Apple.
Almost every store and shop I go into now days has the NFC capable point of sale systems. I will be sure to tell their manager that allenbf said this is dead and they should rip it off the counter.
That is too bad because I use NFC wallet everyday. I guess there is no room in this world for technology that does not come from Apple.
Oh there will still be a few players using it for a while yet. But when Apple, PayPal and others roll out BLE in full, it will be just like Flash.
Almost every store and shop I go into now days has the NFC capable point of sale systems. I will be sure to tell their manager that allenbf said this is dead and they should rip it off the counter.
That is too bad because I use NFC wallet everyday. I guess there is no room in this world for technology that does not come from Apple.
There is room. Just don't expect Apple to add them to cross them off a feature checklist.
Because there is limitation to charges in % that retailer can bare. Consumers will want this new way of payment and credit card institutions will simply have to share the income to the companies that didn't have like 40 years and did almost nothing to improve their service as they had, but rather choose to cash in only few years of development. This is why.
Since when has there been a limitation? How long have credit cards been in use that there's now a limitation that a retailer can handle? Any app you use will still require a credit/debit card.
I did mean NFC on smart phones.
Haven't you said this for the last three years. NFC on phones is all but dead. Apple is moving on with other tech.
No but I've spent time dispelling the sour-grapes-based misconceptions here about NFC. I believe I've also said that Apple would use NFC eventually. Now I'm predicting that the next iPhone will have NFC. Between the uselessness of Passbook, which is begging for NFC payment capability, and the integration of a fingerprint scanner for security in the 5S, Apple has laid the foundation for implementing NFC in the next full redesign.
Google will abandon NFC...they dont need it, nobody really cared to use it. Google Wallet will compete in a way that PayPal didn't. You dont see PayPal partnering with retail stores to offer local delivery service right? It turns out you need Google Wallet for that...at least for the pilot program in the SF Bay Area known as Google Shopping Express.
From what I have seen so far, people are really really really using that service. The Target store I was at today had a ton of couriers waiting to pick up customer deliveries.
PIN debit transactions give you almost no protection against fraudulent use, correct? If so, they should be cheaper.
Don't know in the US, but a PIN transaction in the EU is specifically authorised for that amount either by the bank, or for Moneo/Proton/GeldKard style cards by the on-card chip, and so the merchant is fully guaranted to get that amount less the rate. Customer is protected by his PIN as long that one is secret. 3 errors in a row even on different terminals will lock the card. Transaction is final and cannot be overturned.
This is the best protection for both customer and merchant.
If someone looking over your shoulder watches what PIN you entered and subsequently steals your wallet, they can empty your account without recourse. That's why I don't use PIN transactions. (And because I don't live in Europe, I don't have to.)
I also just saw that Capital One has pulled out of Isis, the carrier's NFC platform. PayPal is using BLE beacons instead of NFC. Over.
Funny how it's not over now.
Quote:
Originally Posted by allenbf
NFC is dead for sure now. Apple was correct in this just as they were about Flash. Amazing
Boy were you so wrong about this.
Quote:
Originally Posted by jungmark
But but but ... NFC! C'mon Fandroids, even your employer doesn't think NFC has a future or can't force pioneering companies to accept it.
NFC is the new hot thing right now.
Quote:
Originally Posted by wakefinance
The next iPhone will have NFC.
Can I borrow your crystal ball since you knew this already and was right.
Quote:
Originally Posted by jungmark
I did mean NFC on smart phones.
Haven't you said this for the last three years. NFC on phones is all but dead. Apple is moving on with other tech.
Do you like being wrong. NFC is now on all phones including the new iPhones. Funny how wrong you were.
Quote:
Originally Posted by malta
Almost every store and shop I go into now days has the NFC capable point of sale systems. I will be sure to tell their manager that allenbf said this is dead and they should rip it off the counter.
That is too bad because I use NFC wallet everyday. I guess there is no room in this world for technology that does not come from Apple.
Now NFC is going to be all over the place. This is a great thing.
Quote:
Originally Posted by allenbf
Oh there will still be a few players using it for a while yet. But when Apple, PayPal and others roll out BLE in full, it will be just like Flash.
So, still waiting for BLE in full while NFC is being used. Good job for being so wrong.
Quote:
Originally Posted by jungmark
There is room. Just don't expect Apple to add them to cross them off a feature checklist.
Once again, Apple made you look like a fool. Looks to be on the checklist now.
Quote:
Originally Posted by wakefinance
No but I've spent time dispelling the sour-grapes-based misconceptions here about NFC. I believe I've also said that Apple would use NFC eventually. Now I'm predicting that the next iPhone will have NFC. Between the uselessness of Passbook, which is begging for NFC payment capability, and the integration of a fingerprint scanner for security in the 5S, Apple has laid the foundation for implementing NFC in the next full redesign.
Way to go with being right.
Quote:
Originally Posted by Curious G
Google will abandon NFC...they dont need it, nobody really cared to use it. Google Wallet will compete in a way that PayPal didn't. You dont see PayPal partnering with retail stores to offer local delivery service right? It turns out you need Google Wallet for that...at least for the pilot program in the SF Bay Area known as Google Shopping Express.
From what I have seen so far, people are really really really using that service. The Target store I was at today had a ton of couriers waiting to pick up customer deliveries.
Can I borrow your crystal ball since you knew this already and was right.
Do you like being wrong. NFC is now on all phones including the new iPhones. Funny how wrong you were.
Now NFC is going to be all over the place. This is a great thing.
So, still waiting for BLE in full while NFC is being used. Good job for being so wrong.
Once again, Apple made you look like a fool. Looks to be on the checklist now.
Way to go with being right.
Wrong wrong wrong.
Wow. Way to go back to a dead thread. I did admit to being wrong on another thread. Plus Apple's version of NFC isn't a feature checklist addition. You really need a hobby.
Comments
PIN debit transactions give you almost no protection against fraudulent use, correct? If so, they should be cheaper.
Don't know in the US, but a PIN transaction in the EU is specifically authorised for that amount either by the bank, or for Moneo/Proton/GeldKard style cards by the on-card chip, and so the merchant is fully guaranted to get that amount less the rate. Customer is protected by his PIN as long that one is secret. 3 errors in a row even on different terminals will lock the card. Transaction is final and cannot be overturned.
This is the best protection for both customer and merchant.
I think Paypal already has a "digital wallet" on both iOS and Android.
Edit: Yes
https://itunes.apple.com/us/app/paypal/id283646709?mt=8
and yes.
https://play.google.com/store/apps/details?id=com.paypal.android.p2pmobile&hl=en
My last employer used it in our employee badges to control access to the building. NFC and RFID are everywhere and aren't going away anytime soon. Whether NFC is needed on a smartphone is certainly debatable though. I'd say that the vast majority of people with phones that have NFC capabilities have never used their phone in that way.
No way I would use any Google payment "service" - ever.
They would feed information on all my purchases into their databases and sell it to anybody who will pay for it. No thanks!
If the product is free, you are the product.
NFC is dead for sure now. Apple was correct in this just as they were about Flash. Amazing
The next iPhone will have NFC.
Just more info grab from Goonal. Never! Is my motto, Goonberg.:no:
hey, when the canucks lost the cup a couple years ago we slipped alanis morissette back under the border as a consolation prize ... don't get greedy.
Yeah thanks. Still suffering that one.
I did mean NFC on smart phones.
Haven't you said this for the last three years. NFC on phones is all but dead. Apple is moving on with other tech.
Why? You're still using your credit card.
Because there is limitation to charges in % that retailer can bare. Consumers will want this new way of payment and credit card institutions will simply have to share the income to the companies that didn't have like 40 years and did almost nothing to improve their service as they had, but rather choose to cash in only few years of development. This is why.
NFC is dead for sure now. Apple was correct in this just as they were about Flash. Amazing
Almost every store and shop I go into now days has the NFC capable point of sale systems. I will be sure to tell their manager that allenbf said this is dead and they should rip it off the counter.
That is too bad because I use NFC wallet everyday. I guess there is no room in this world for technology that does not come from Apple.
Oh there will still be a few players using it for a while yet. But when Apple, PayPal and others roll out BLE in full, it will be just like Flash.
There is room. Just don't expect Apple to add them to cross them off a feature checklist.
Since when has there been a limitation? How long have credit cards been in use that there's now a limitation that a retailer can handle? Any app you use will still require a credit/debit card.
No but I've spent time dispelling the sour-grapes-based misconceptions here about NFC. I believe I've also said that Apple would use NFC eventually. Now I'm predicting that the next iPhone will have NFC. Between the uselessness of Passbook, which is begging for NFC payment capability, and the integration of a fingerprint scanner for security in the 5S, Apple has laid the foundation for implementing NFC in the next full redesign.
Google will abandon NFC...they dont need it, nobody really cared to use it. Google Wallet will compete in a way that PayPal didn't. You dont see PayPal partnering with retail stores to offer local delivery service right? It turns out you need Google Wallet for that...at least for the pilot program in the SF Bay Area known as Google Shopping Express.
From what I have seen so far, people are really really really using that service. The Target store I was at today had a ton of couriers waiting to pick up customer deliveries.
PIN debit transactions give you almost no protection against fraudulent use, correct? If so, they should be cheaper.
Don't know in the US, but a PIN transaction in the EU is specifically authorised for that amount either by the bank, or for Moneo/Proton/GeldKard style cards by the on-card chip, and so the merchant is fully guaranted to get that amount less the rate. Customer is protected by his PIN as long that one is secret. 3 errors in a row even on different terminals will lock the card. Transaction is final and cannot be overturned.
This is the best protection for both customer and merchant.
If someone looking over your shoulder watches what PIN you entered and subsequently steals your wallet, they can empty your account without recourse. That's why I don't use PIN transactions. (And because I don't live in Europe, I don't have to.)
I also just saw that Capital One has pulled out of Isis, the carrier's NFC platform. PayPal is using BLE beacons instead of NFC. Over.
Funny how it's not over now.
NFC is dead for sure now. Apple was correct in this just as they were about Flash. Amazing
Boy were you so wrong about this.
But but but ... NFC! C'mon Fandroids, even your employer doesn't think NFC has a future or can't force pioneering companies to accept it.
NFC is the new hot thing right now.
The next iPhone will have NFC.
Can I borrow your crystal ball since you knew this already and was right.
I did mean NFC on smart phones.
Haven't you said this for the last three years. NFC on phones is all but dead. Apple is moving on with other tech.
Do you like being wrong. NFC is now on all phones including the new iPhones. Funny how wrong you were.
Almost every store and shop I go into now days has the NFC capable point of sale systems. I will be sure to tell their manager that allenbf said this is dead and they should rip it off the counter.
That is too bad because I use NFC wallet everyday. I guess there is no room in this world for technology that does not come from Apple.
Now NFC is going to be all over the place. This is a great thing.
Oh there will still be a few players using it for a while yet. But when Apple, PayPal and others roll out BLE in full, it will be just like Flash.
So, still waiting for BLE in full while NFC is being used. Good job for being so wrong.
There is room. Just don't expect Apple to add them to cross them off a feature checklist.
Once again, Apple made you look like a fool. Looks to be on the checklist now.
No but I've spent time dispelling the sour-grapes-based misconceptions here about NFC. I believe I've also said that Apple would use NFC eventually. Now I'm predicting that the next iPhone will have NFC. Between the uselessness of Passbook, which is begging for NFC payment capability, and the integration of a fingerprint scanner for security in the 5S, Apple has laid the foundation for implementing NFC in the next full redesign.
Way to go with being right.
Google will abandon NFC...they dont need it, nobody really cared to use it. Google Wallet will compete in a way that PayPal didn't. You dont see PayPal partnering with retail stores to offer local delivery service right? It turns out you need Google Wallet for that...at least for the pilot program in the SF Bay Area known as Google Shopping Express.
From what I have seen so far, people are really really really using that service. The Target store I was at today had a ton of couriers waiting to pick up customer deliveries.
Wrong wrong wrong.
Wow. Way to go back to a dead thread. I did admit to being wrong on another thread. Plus Apple's version of NFC isn't a feature checklist addition. You really need a hobby.