Re:Apple announces Apple Card credit card
by theshrike79 on Monday March 25, 2019 @01:59PM
(#19484885)
They know that SOMEONE spent money at a location, they won't know who it was.
Re:Apple announces Apple Card credit card
by oarsinsync on Monday March 25, 2019 @02:16PM
(#19485114)
AML laws are a thing. Someone in the chain definitely knows who it was. The payment network for sure, as well as any associated banks, and Apple, clearly. The merchant can see whatever their payment processor chooses to share with them.
Here with Apple Card, even if Apple might not choose to centralise your payment data, the underlying network (MasterCard, in this case) most certainly can know where you spent it, and vendors at point of sale can keep track of it too.