Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Tim Cook explains why Apple Pay doesn't collect your data: 'You are not our product'
Business Insider ^ | February 11, 2015 | Dave Smith

Posted on 02/12/2015 12:44:54 AM PST by Swordmaker

Apple Pay is off to a good start: by December, two out of three dollars used for contactless payments were from Apple Pay. . .

Cook explained why Apple Pay works: It respects people's needs for privacy and security, which makes it trustworthy.

It's first and foremost a value. We believe that customers have a right to privacy. And that the vast majority of customers don't want everyone knowing everything about them. ... You are not our product. That is our product. ... there's no reason why anyone, or us, that we need to know where you're buying something, what you're buying, how much you're paying, I don't want to know any of that. It's none of my business, frankly.

Cook says that over time, customers will "more and more go to people they trust with their data." And Apple Pay works because it's reliable, unlike credit cards, which are extremely vulnerable compared to Apple's system that doesn't show merchants your credit card number.

We knew that it had to be secure, because all of us are tired of people breaching our credit cards, and going online and having to reput in all of these numbers everywhere. I'm sure everyone in this room, or almost everyone in this room at least once that's happened to. It's happened to me three times.

With Apple Pay, we don't — we never give the merchant your credit card number. We don't even have it. We're essentially making up a proxy for each individual transaction which prevents the passage of this number. Think about it for a minute, how secure can a card be when it has your number on the front, and this thing called a security code that anybody can see on the back!


(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Computers/Internet
KEYWORDS:
Navigation: use the links below to view more comments.
first previous 1-2021-4041-56 last
Comment #41 Removed by Moderator

To: Fightin Whitey

Here’s exactly what I posted a few days ago ... :-) ...

— — — — —

BUT ... talking about the iPad Air 2 ... I absolutely love it. I’m getting ready to get rid of my iPad 4 and go with this one!

Here’s the iPad Air 2 Commercial that you’re talking about ... and it’s a terrific commercial!

https://www.youtube.com/watch?v=ROZhrRm88ms

AND ... here’s the iPad Air 2 page ... and get one, they’re terrific!

Change is in the Air! [as in the iPad Air 2]
https://www.apple.com/ipad-air-2/change/

— — — — —

Yep, real subversive ... LOL ...

And yep ... you’re definitely an Apple-hater.


42 posted on 02/12/2015 6:29:34 PM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
[ Post Reply | Private Reply | To 41 | View Replies]

Comment #43 Removed by Moderator

Comment #44 Removed by Moderator

To: Fightin Whitey

Well ... hey ... since we’re repeating posts, I’ll give you the commercial again, since it’s such a great commercial. Be sure to watch it again ... :-) ...

— — — — —

BUT ... talking about the iPad Air 2 ... I absolutely love it. I’m getting ready to get rid of my iPad 4 and go with this one!

Here’s the iPad Air 2 Commercial that you’re talking about ... and it’s a terrific commercial!
https://www.youtube.com/watch?v=ROZhrRm88ms

AND ... here’s the iPad Air 2 page ... and get one, they’re terrific!

Change is in the Air! [as in the iPad Air 2]
https://www.apple.com/ipad-air-2/change/


45 posted on 02/12/2015 7:23:54 PM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
[ Post Reply | Private Reply | To 43 | View Replies]

To: Swordmaker

Some people just HAVE to be “right” dont they..

“and the only record kept is your bank statement”

Which can be accessed by any pretty much anyone. Yeah, no thanks. In this age of digital cash, I wont be heading that way any time soon and the more they push it on me, the more I will say no thanks.

I mean really, do you REALLY think that everything you buy with a credit card or the latest iphone app is not tracked?


46 posted on 02/12/2015 7:34:02 PM PST by eXe (Si vis pacem, para bellum)
[ Post Reply | Private Reply | To 40 | View Replies]

To: Fightin Whitey; Swordmaker; Admin Moderator

Ummm ... are we supposed to be marking Free a Republic pages ... “Family rated” and “Non-Family Rated” to protect the kids of Freepers?

I’ve seen some FReepers say, in the past, that they’ve had to quickly cover up a screen so that their kids standing beside them wouldn’t see what was there. And this is one of them that they would have to protect their kids from ...

I hope you don’t work around kids or have any around you!


47 posted on 02/12/2015 7:36:03 PM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
[ Post Reply | Private Reply | To 44 | View Replies]

To: Fightin Whitey; Star Traveler; Admin Moderator; Jim Robinson; John Robinson
Well, Andrew, I see you are calling on your followers to "spam" the moderators for the posts of mine you find objectionable.

No, Fightin Whitey, I sent it ONLY to you. . . to see if you'd take a hint and have the Admin Moderator remove your obscenity laden post removed. No other Freeper received it.

You have again jumped to an erroneous conclusion about Apple users and me similar to the broad black brush you paint all of us with in your posts.

You have not taken any of our polite requests in the past to cease and desist. You are a thread and forum abuser with your nasty posts which are intended to insult Apple users and to disrupt the threads. You are the one who piles loads of obscene innuendos in these threads. . . not us. I again politely request you to please stop posting the nasty, obscenities in these threads.

48 posted on 02/12/2015 7:43:09 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users contnue...)
[ Post Reply | Private Reply | To 44 | View Replies]

To: conservatism_IS_compassion
Off topic: On the recent thread about the evils of Flash, someone asked where one would get support for HTML5. I assume, seeing that Apple has been dead set against Flash “forever,” that HTML5 support is built into OS X by now?

Since Safari 3. The original idea for the iPhone* was to have only Web apps -- the App Store launched with version 2.0. HML5 in Safari launched with, and on, the iPhone.

* One theory is that the iPhone 3G, released in 2008, was the phone Apple wanted to make all along. They couldn't get apps, 3G support and GPS working in the first iteration, but they pushed it out to hit deadline and plant the flag.

49 posted on 02/12/2015 7:43:35 PM PST by ReignOfError
[ Post Reply | Private Reply | To 20 | View Replies]

To: eXe; Swordmaker

Ummm ... I hope you do know that if you have a bank account, you do get a bank statement ... LOL ...

Of course, you might be saying that you don’t have any bank accounts or money accounts, so that you don’t have statements. If so, you’re the first person I’ve ever come across that has no place to keep his money (other than under your mattress, I guess).

And ... YEAH ... the things you buy by credit card are being tracked, since all your information is right on your card ... :-) ...

On the other hand, you could be using Apple Pay, and no information would be visible to the retailer or to Apple, since the transaction is handled through a token that only the bank knows what is going on.

OF COURSE ... the bank is going to know “you” made a purchase, and they’ll know what retailer you were at ... because if they didn’t know that, they wouldn’t know who to bill for the purchase and they wouldn’t know who to pay for the merchandise that was bought ... LOL ...


50 posted on 02/12/2015 7:47:27 PM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
[ Post Reply | Private Reply | To 46 | View Replies]

To: Swordmaker
Great, um, strategy..

No worries.

I plan to stay right here with you, and with Free Republic, which is, thank God:

...a conservative site, [and] is pro-God, pro-life, pro-family, pro-Constitution, pro-Bill of Rights, pro-gun, pro-limited government, pro-private property rights, pro-limited taxes, pro-capitalism, pro-national defense, pro-freedom, and-pro America. We oppose all forms of liberalism, socialism, fascism, pacifism, totalitarianism, anarchism, government enforced atheism, abortionism, feminism, homosexualism, racism, wacko environmentalism, judicial activism, etc.

I simply prefer that kind of vision and creed than to the near antithesis that Tim Cook and Co. spew forth.

51 posted on 02/12/2015 11:51:12 PM PST by Fightin Whitey
[ Post Reply | Private Reply | To 48 | View Replies]

To: Fightin Whitey
At the risk of “judging the servant of Another,” I will state that it seems clear that Tim Cook is not a functioning Christian. Not everything I read about Steve jobs was admirable, either. For that matter, any number of star athletes are not exactly Tim Tebow, either. “The Lord maketh the rain to fall on the just and the unjust.” His call.
It happens that Jobs founded a company with the mission, and the discernment, to create the most usable digital electronics for use by the general, but affluent (note that “the 1%” on a global basis starts at about $32,000 a year), public. I fit in that category, and I assume you probably do too. Those of us who adopted the Mac or other Apple products because we agreed with Jobs et al that they were excellent, shouldn’t be treated as moral lepers.

It’s not as if any other Silicon Valley companies were run by the nice folks who created and run Chick-Fil-A . . .


52 posted on 02/13/2015 6:42:05 AM PST by conservatism_IS_compassion ('Liberalism' is a conspiracy against the public by wire-service journalism.)
[ Post Reply | Private Reply | To 51 | View Replies]

To: conservatism_IS_compassion

In agreement with you all around.

The man can live his own life. What I am made profoundly uneasy by is the weird and (to me) messianic nature of the pronouncements, with their globalist, anti-U.S., anti-border, anti-military, enviromentalist thrust.

It is His call though a wretch like me too often presumes to want to help Him out-—lol.


53 posted on 02/13/2015 6:50:55 AM PST by Fightin Whitey
[ Post Reply | Private Reply | To 52 | View Replies]

To: Star Traveler

If that’s all true, then they haven’t made the sale well enough. I envision my son losing his phone and someone using it to charge things up on it.


54 posted on 02/13/2015 7:46:41 AM PST by RinaseaofDs
[ Post Reply | Private Reply | To 31 | View Replies]

To: RinaseaofDs

Yeah, that scenario can’t happen.

For one thing (and nothing to do with Apple Pay), there is the theft-locking on the iPhone. Of course you need to set it up (it’s easy). When you do, if anyone steals the phone ... it becomes absolutely worthless, as it will never be able to be used again, without the owner re-activating it. It’s a BRICK ... and PERMANENTLY!

THEN ... with Apple Pay ... you can’t purchase anything unless your LIVE fingerprint is used to activate the purchase. No cutting off of fingers here, because dead fingers don’t work ... LOL ...

ALL AROUND ... this is probably the MOST SECURE form of payment ever seen in the history of consumer payment systems!

Apple has done real good here!


55 posted on 02/13/2015 7:59:28 AM PST by Star Traveler (Remember to keep the Messiah of Israel in the One-World Government that we look forward to coming)
[ Post Reply | Private Reply | To 54 | View Replies]

To: RinaseaofDs
If that’s all true, then they haven’t made the sale well enough. I envision my son losing his phone and someone using it to charge things up on it.

They'd have to kidnap your son along with it and force him to make the purchases . . . it won't work without his living finger. That is what your vision is missing here. If it was phone with Google Wallet, then you'd have a legitimate worry. The reason so many banks, credit unions, and credit card issuers are embracing ApplePay is that they are certain it will lower credit card fraud by a huge amount for that very reason. THEY are the ones who actually lose.

Under the plan that Walmart and CVS are planning to roll out this year, it will be the CONSUMER who will be out the money unless you find out you have been defrauded within 48 hours of the fraudulent charges being made on your account. The method they intend to use has regulations that specific rules that protect the banks from having a consumer coming back and saying "I did not authorize that charge" after 48 hours. It is assumed to be legitimate and it is on you, the consumer and you cannot reverse the charge, nor can the bank re-imburse you!

56 posted on 02/13/2015 11:36:06 AM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users contnue...)
[ Post Reply | Private Reply | To 54 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-56 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson