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.
2 posted on 11/01/2014 6:14:12 PM PDT by Swordmaker
(This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
Important :
Apple Pay extends user’s credit cards by wrapping them with cryptographic security, without Apple getting any access to existing bank account contents. MCX wants all access right down to SSN.
25 posted on 11/02/2014 5:34:39 AM PST by ctdonath2
(You know what, just do it.)