<p>Wondering if anyone has tried it, can explain details we should know about it, etc.</p>
<p>Will be upgrading to a 6 soon. Just curious.</p>
<p>Just got an email from Panera saying “Apple Pay is not available” - so do places have to be equipped to accept Apple Pay??? And is it correct that there is an Apple Pay app to which you must connect a credit card (one? or can you connect more than one??)</p>
<p>Curious about experiences. </p>
<p>I wanted to know about this, too. I am interested in getting the watch for this. Stores need to have a Near Field Sensor to detect the phone. I heard someone raving about it. You bring out your phone and just touch the button (itouch). That’s it. No signing no paper receipt unless you want it. As far as you have your credit card info stored in the passbook(?), you don’t need another app. That’s how I understand it. If you plan to use it at a non-participatinf outlet like StarBucks, then you need an app.</p>
<p>I actually looked it up on wikipedia to see what it has to say a week or so ago (not that wikipedia is the be all and end all, but it gave me some basic information). The article had a list of retailers that will be able to take Apple Pay, and a list of retailers intent on getting it up and working soon.</p>
<p><a href=“Apple Pay - Wikipedia”>https://en.wikipedia.org/wiki/Apple_Pay</a></p>
<p>220,000 vendors will be participating at launch. </p>
<p>That’s an interesting Wiki read Teri - 220,000 is quite a nice start. </p>
<p>Wasn’t long ago that I carried a checkbook and paid for everything - now I never carry my checkbook - and not much cash. This takes things another step - as long as you remember to bring your phone!</p>
<p>Personally, I prefer credit cards that have no “contactless” ability and am not excited about Apple Pay for the same security concerns. I like the chip and signature and look forward to the US getting chip and pin cards. Contactless methods of payment currently have no appeal to me–just faster ways to spend money, which merchants and Apple like.</p>
<p>I think it’s going to be a game changer for Apple. Besides this is with credit card so if there is any fraud it will be taking care of by the credit card company.</p>
<p>Unless Apple Pay gives out rewards for air travel, hotel points or purchases, I am keeping my credit cards.</p>
<p>cbreeze - I think it is your credit card.</p>
<p>My understanding is that you register your CC with Apple Pay and it stores it and allows you to pay by iPhone6 or 6+. You would still get whatever your CC gives you, I believe. If you are cautious like me, you could opt not to enter CC for a while to see how it goes. </p>
<p>Apple Pay is an actual step forward because it uses “tokenization”, a long, ugly word for a process that eliminates the transferring of your actual credit card number to the merchant and then to the payment processor and then to the bank for approval. What happens is this - copied so you can see I’m not making it up: “rather than receiving a card number, CVV, expiration date, and billing address from the customer, the merchant receives only a device-specific token and a dynamic, one-time-use security code. The token is translated into a credit card number only when it reaches the payment network, meaning that only the consumer’s bank and the payment network have information about both the person and the transaction.” In other words, no stealing your credit card number at Home Depot, etc. because there never is a credit card number to be stolen. </p>
<p>The underlying process for doing this is more complicated but it’s important. To quote Apple: “When you add a credit or debit card to Apple Pay, the information that you enter on your device by typing or using the iSight camera is encrypted and sent to Apple servers. If you use the camera to enter the card information, the information is never saved to the device or stored to the photo library. Apple decrypts the data, determines your card’s payment network, and re-encrypts the data with a key that only your payment network can unlock. Then it sends the encrypted data, along with other information about your iTunes account activity and device (such as the name of your device, its current location, or if you have a long history of transactions within iTunes) to your bank. Using this information, your bank will determine whether to approve adding your card to Apple Pay. Once your card is approved, the payment network or your bank creates a device-specific Device Account Number, encrypts it, and sends it along with other data (such as the key used to generate dynamic security codes unique to each transaction) to Apple. Apple can’t decrypt it, but will add it to the Secure Element within your device. The Secure Element is an industry-standard, certified chip designed to store your payment information safely. The Device Account Number in the Secure Element is unique to your device and to each card added. It’s isolated from iOS, never stored on Apple Pay servers, and never backed up to iCloud. Because this number is unique and different from usual credit or debit card numbers, your bank can prevent its use on a magnetic stripe card, over the phone, or on websites. Apple doesn’t store or have access to the card numbers you added to Apple Pay. Apple Pay only stores a portion of your actual card numbers and a portion your Device Account Numbers, along with a card description, to help you manage your cards.”</p>
<p>If you made it through that paragraph, it means your phone has a specific number set aside in a secure, isolated place which associates with a specific payment method like a credit card. When you buy something, that number is sent along with the details and a security code generated by the key referred to in the long paragraph above. No credit card info is sent at all. Hard to hack. More secure than the more advanced credit cards currently in use in Europe. </p>
<p>Apple Pay differs from Google Wallet in a key way: Google collects the card info and then charges your card on file with them. That allows Google to gather information about shopping habits that it can then use in its ad business. Apple. Note that a big reason breaches are a problem is retailers keep your card information on file. The idea behind Google Wallet is at least Google is less likely to be hacked and you trade information - how you spend your money - for that. Apple Pay eliminates the problem of stored information as well as of transmitted information.</p>
<p>Hmm , thanks for that info about Apple Pay. It begins to sound more attractive. When is the scheduled debut?</p>
<p>I thought it was today. Am I wrong?</p>
<p>Yesterday I believe. </p>
<p>Has anyone tried using it yet? Is there any added cost to the user who purchased something using Apple Pay?</p>
<p>I’m a late adopter to technology. So I won’t use it for a while.</p>
<p><a href=“Apple Pay: How to Set It Up on Your iPhone or iPad | Time”>http://time.com/3524415/apple-pay-how/</a></p>
<p>5 steps to setting up Apple Pay…</p>
<p>I’ve noticed a bunch of really dumb stories about retailers and Apple Pay. First, some people don’t get how retailers use rewards cards and apps. Starbucks, for example, has you buy value on the card or app. You can use Apple Pay to do that. When you go to a store and use the card or app, you aren’t making a charge transaction but are using up the stored value you have with Starbucks. Another example is Panera: you swipe your loyalty card separate from your payment, meaning Panera collects what you buy but not what you pay with. </p>
<p>Many merchants, as I noted, want your credit card information. That needs to change. To repeat, that needs to change. This is a huge source of identity theft, of card theft, etc. They don’t really need your card information but they a) use it to track purchases, when they could use many other methods to do the same thing and b) they want to make it quicker for you to purchase things from them, something that Apple Pay accomplishes. </p>
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<p>No.</p>
<p>OK, H & I will remain late adopters. We don’t qualify for totally free upgrades to our iphone5 until new year’s eve. By then, hopefully the bugs will have all worked themselves out and perhaps a competitor will have emerged with as good or better a payment system than Apple (I have some philosophical issues with Apple, tho I own a few shares).</p>
My credit union is encouraging me to use this as it is supposed to be more secure.
I have used the Passbook App for tickets, but not yet for Apple Pay.
http://www.geekwire.com/2014/testing-apple-pay-bought-beer-gas-mcdonalds-smartphone/