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To other comments: Contactless payments (NFC) was in EU before apple pay and terminals were pretty common. Which made the adoption much smoother than in the us where nfc terminals were not available that much... blah blah
You’re badly exaggerating.
urahara said:I am from EU. And I am ashamed of this news. WTF, really.....We need EU commissioner Margrethe Vestager to resign!
g3. said:anantksundaram said:These stupid thumb-twiddlers who can't innovate to save their asses, going after US tech again...
Payments now. Pathetic. And ridiculous.More to say, apple pay didn’t improve “payment culture” in Europe much. When US was using swipe and sign, EU was doing chip and pin payments (more secure) and contactless payments were pretty common long before apple pay. In general, acquiring and payment services as such are more developed in EU - that’s for the innovations.
Main point is that Apple is really limiting developers to make use of NFC and deliver additional services on top of apple pay...
More importantly: if Apple is not terribly relevant since the Europe “payment culture” is already developed — as you claim — what’s the need for this silly boondoggle?
These are the types of arguments that will leave you permanently in the digital backwaters. Enjoy it.
It is easily the the most consumer-friendly credit card I’ve owned.
Since the AppleCard, I’ve barely used my Amex. The only reason I’ll keep it going by paying the fees is for the lounge access, 5x points on travel bookings, and a few other perks. For pretty much everything else, it’s AC. If, at some point, Apple can create a higher tier card — obviously with fees — with Amex-style perks, it could put Amex out of business.