Apple ApplePay Ping!
If you want on or off the Mac Ping List, Freepmail me.
The stupid "RAT likely doesn't even understand that the user's fingerprint is required to trigger an Apple Payment.
but voting doesn’t need it?
Yup. There is already a fraud measure built into the agreements with banks etc.
this guy must be racist wanting to make people show ID
Only Democrats should be forced to produce any I.D.
How does that affect pay at the pump?
That’ll slow up the instant payment scheme!
That said, I haven’t been excited by using my mobile phone for NFC contact payments. How hard is it to pull a card out of my wallet?
And guess what? He’s a “Holder’s Person.” I guess he knows “his people” will try to use this technology to cheat “whitey.”
http://en.wikipedia.org/wiki/Joshua_Peters.
He's black... doesn't want any of those conservative ‘white privilege’ folks gettin’ ‘way with nothin’...
How dare he try to disenfranchise spenders!
I suspect this has more to do with preserving cashier jobs than it does protecting consumers.
Not only that, but if the phone is stolen or lost, Apple enables the user to completely disable the Apple Pay app through iCloud.
Enabling “Lost” mode via iCloud erases tokens, making payment impossible.
Meanwhile, Mobile Payments are a gigantic, unstoppable worldwide development, amazingly complex, with lots of new and established players. The whole thing is evolving rapidly and quite fascinating -- a beautiful brilliant example of the free market dynamic of creative destruction.
True, the financial sector is highly regulated globally and domestically. But the mobile payment/retail payment industry is developing entrepreneurally the way the Internet did in the late 1990s.
Leave to an ignorant inexperience fool like Josh Peters to try and legislate things about which he knows nothing.
I'll bet he doesn't even know about Money 2020
There is NOTHING in Peters' backgroun that would prepare him to have any understanding whatsoever about the coming revolution in payments, or any other type of business.
Peters is the next generation Dick Durbin, who in his colossal ignorance threw the card/payments business into complete chaos with his Durbin Amendment" to Dodd Frank. I know, because I was at the card payments industry trade conference in Orlando when his Amendment was announced, and saw the complete turmoil that was created by changing the whole industry's revenue model.
“Missouri Democrat wants to require ID for every Apple Pay payment”
So, you want stricter requirements on electronic payments than on true credit card payments? Methinks someone connected to the insane CurrenC product wrote this guy a big fat check....
If you want on or off the Mac Ping List, Freepmail me.
Mastercard paid him off for the legislation effort
Make no mistake the Rats want to track what everyone is buying.
If you want to do it, then that should be your business.
It’s not some crook politician that wants to get in your wallet.
That’s racist.
The lobbyists for Google, Paypal and the credit card companies is pushing this.