[Swordmaker]

• Apple Pay protects users by requiring the user's fingerprint.
• Apple Pay uses tokenization to protect users.
• NFC is a vastly superior technology that allows users to pay immediately, rather than unlock their phone, log into an app, scan a QR code, etc.
• Apple Pay does not require your social security number. CurrentC does. Remember, this is a company that just admitted that their accounts were hacked, that they take security seriously, and that it isn't their fault. The blame belongs, per management, on an unnamed service provider.
• Apple Pay allows users to use an existing credit card.
• CurrentC wants users to connect their bank account, a major security issue.
• CurrentC wants to track data on users for marketing purposes.

[Zhang Fei]

Retailers cannot afford to refuse payment by credit. Too many customers don’t have the savings necessary to make purchases.

Aren't Iphone users the kind of upscale individuals who have the savings necessary to make purchases?

[Swordmaker]

Seeking Alpha article on why CurrntC, the ApplePay competitor that has yet to see the light of day, is DOOMED — PING!

Apple ApplePay Ping!

If you want on or off the Mac Ping List, Freepmail me.

[re_nortex]

I refuse to use any product or service from that company.

[Hostage]

Very simple to defeat Apple Pay and do it without stealing an iphone. And it just so happens that Apple Pay’s token scheme can actually aid hackers and thieves,

Purchase an Apple iphone anonymously. And it’s easy to defeat fingerprint access (Touch ID) which has been known for years and years and is easily done by any hacker with minimal education.

Setup an Apple Pay account (add card to itunes, then to Passbook & Apple Pay; https://www.apple.com/apple-pay) using someone else’s personal information. In fact, setup multiple such accounts using multiple persons.

Use the Apple Pay accounts to purchase items that are fungible for cash.

Destroy the iphone after a period of time of about a day or two. Apple’s token scheme protects the thief from immediate detection because everything looks legit until the victim notices something’s gone wrong. Could be a few days or more.

Purchase a new iphone.

Rinse and repeat.

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But don’t worry. Your fascist hero who is proud of choosing his homosexual lifestyle will make the trains run on time by dictating how everyone should transact. It’s the only way to save his precious Apple Pay. Sieg Heil!

You see this Apple Pay shit is a shoehorn fit to an intractable problem and your hero thinks he is filling the shoes of Jobs with this subgrade security scheme.

If you really want Apple to have impenetrable security you’d have to lead them into a compartment whose classification level is itself classified, but then you and they would disappear forever without a trace.

So have fun in the meantime.

Apple’s got 5 to 8 years of life unless there be a Jobs second coming.