This won't have the same impact in Canada as the US... we've had tap-and-pay for a few years now and it won't be dramatically easier to use my phone than just wave my CC...
This won't have the same impact in Canada as the US... we've had tap-and-pay for a few years now and it won't be dramatically easier to use my phone than just wave my CC...
True. I said that as well. However, there are other benefits of Apple Pay for those that already enjoy the convenience of credit card NFC.
- Increased security. Far better than chip + PIN.
- Ability to be used for larger value transactions & more often (depends on implementation of merchant of course). Most merchants put a limit on credit card NFC amount, and you can only use it for a set number of transactions in a row (to reduce risk in event of theft). With the TouchID biometric proving user, both of those limits can be removed.
- I've yet to see or use it myself, but if the implementation on Apple Watch is good that will be more convenient than pulling out the old plastic.
- In-app online use. Much more secure and much more convenient.
Comments
This won't have the same impact in Canada as the US... we've had tap-and-pay for a few years now and it won't be dramatically easier to use my phone than just wave my CC...
True. I said that as well. However, there are other benefits of Apple Pay for those that already enjoy the convenience of credit card NFC.
- Increased security. Far better than chip + PIN.
- Ability to be used for larger value transactions & more often (depends on implementation of merchant of course). Most merchants put a limit on credit card NFC amount, and you can only use it for a set number of transactions in a row (to reduce risk in event of theft). With the TouchID biometric proving user, both of those limits can be removed.
- I've yet to see or use it myself, but if the implementation on Apple Watch is good that will be more convenient than pulling out the old plastic.
- In-app online use. Much more secure and much more convenient.