Apple unveils contactless payments via Tap to Pay on iPhone

Re:Apple unveils contactless payments via Tap to Pay on iPhone by throwaway894345 on Tuesday February 08, 2022 @03:01PM (#30263762)

> In civilized countries they have direct bank to bank transfers

I'm sure whatever country you're from (or otherwise alluding to) is a fine place, no need for the transparent insecurity. :) Narrowly, I agree that secure (and fee-less) bank-to-bank transfers would be preferable to CC.

> They are required for the CC transaction, this adds an additional player that should not be necessary.

We're positing a situation where CC's aren't available, so it's not an additional player but rather a different player.

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Re:Apple unveils contactless payments via Tap to Pay on iPhone by digisign on Tuesday February 08, 2022 @03:50PM (#30264502)

>> CC's aren't available

A misstatement by me, still they are extra to what should be a bank to bank matter.

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Re:Apple unveils contactless payments via Tap to Pay on iPhone by throwaway894345 on Tuesday February 08, 2022 @05:14PM (#30265574)

No argument from me here. I would like to see better financial infrastructure. Specifically the idea that VISA is permitted to collect a 4% sales tax on virtually everything is a real bummer.

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Re:Apple unveils contactless payments via Tap to Pay on iPhone by digisign on Tuesday February 08, 2022 @07:50PM (#30267110)

Come to think of it, perhaps I was thinking that since most folks would rather have/trust a credit card, an additional path is just that, somewhat redundant.

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