iOS 8 out today
27 October 2014, 10:47 PM
#301
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I've had a bit of a read on how CurrentC works. Seems you need to unlock phone, scan a QR code, which generates something (bar code or another QR code I think) cashier has to scan that, and then the transaction is complete.
CurrentC requires you to supply drivers licence number, Social Security Number, and link it to your checking account (bank account, rather than credit card).
This information is stored in their cloud system.
Oh, and for some bizarre reason, there is something about entering health data. Unsure if that is required, I don't believe so, but why would you want to share that with 7/11 when you're purchasing a hotdog?
It costs $500,000 to sign up to CurrentC, and you're locked into a three year deal.
What I'm not sure on is when CurrentC was first shown to the companies, and wether it was before or after they may have spoken with Apple about Apple Pay.
It's very obvious why giants like WalMart don't want Apple Pay, they don't get all that lovely customer information that they can do whatever they like with.
A co-worker was in the US over the weekend and it seems amongst the people he was with, Apple Pay has really taken off, now, these are tech types, so it's not exactly unbiased.
People are concerned about their data being stored in someone else's cloud system, especially due to the various breaches we seen over the past year or so (Target and Home Depot to name two), and you can bet that people will try and hack this CurrentC thing to pull info from it and show how it's not that great.
Companies can decide to turn of NFC and block both Apple Pay and Google Wallet (from what I've read, you cannot do one or the other, it's both), but as has been seen, consumers want to try out the new shiny, and get a bit miffed when they cannot. The zealots will of course start their refusal to use a particular store if it does not "do" Apple Pay. Whatever, be like that.
I'd rather use my credit card than use CurrentC though. Not because of any fanboy resentment, but because I don't wish to give Walmart, or any other company, additional information about me that they don't need. Now the driver licence thing might not be too big a deal, apparently in the US it is quite common to be asked for a DL when purchasing stuff (as seen in the apple pay video) - seems a little odd to me, but hey, they're 'merican, so are known for being odd now and then. However, I do know that a social security number is something you don't dish out to just anyone.
CurrentC requires you to supply drivers licence number, Social Security Number, and link it to your checking account (bank account, rather than credit card).
This information is stored in their cloud system.
Oh, and for some bizarre reason, there is something about entering health data. Unsure if that is required, I don't believe so, but why would you want to share that with 7/11 when you're purchasing a hotdog?
It costs $500,000 to sign up to CurrentC, and you're locked into a three year deal.
What I'm not sure on is when CurrentC was first shown to the companies, and wether it was before or after they may have spoken with Apple about Apple Pay.
It's very obvious why giants like WalMart don't want Apple Pay, they don't get all that lovely customer information that they can do whatever they like with.
A co-worker was in the US over the weekend and it seems amongst the people he was with, Apple Pay has really taken off, now, these are tech types, so it's not exactly unbiased.
People are concerned about their data being stored in someone else's cloud system, especially due to the various breaches we seen over the past year or so (Target and Home Depot to name two), and you can bet that people will try and hack this CurrentC thing to pull info from it and show how it's not that great.
Companies can decide to turn of NFC and block both Apple Pay and Google Wallet (from what I've read, you cannot do one or the other, it's both), but as has been seen, consumers want to try out the new shiny, and get a bit miffed when they cannot. The zealots will of course start their refusal to use a particular store if it does not "do" Apple Pay. Whatever, be like that.
I'd rather use my credit card than use CurrentC though. Not because of any fanboy resentment, but because I don't wish to give Walmart, or any other company, additional information about me that they don't need. Now the driver licence thing might not be too big a deal, apparently in the US it is quite common to be asked for a DL when purchasing stuff (as seen in the apple pay video) - seems a little odd to me, but hey, they're 'merican, so are known for being odd now and then. However, I do know that a social security number is something you don't dish out to just anyone.
29 October 2014, 08:05 PM
#303
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29 October 2014, 08:07 PM
#304
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72 hours is all it took for Apple to become the largest wireless payment provider in the US, that's quite something but adoption was low over there anyhow.
This week CurrentC contacted all current subscribers to inform them their server had been hacked and their details had been compromised.
This week CurrentC contacted all current subscribers to inform them their server had been hacked and their details had been compromised.
30 October 2014, 01:26 AM
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On the topic of CurrentC, it would appear they have had a tiny breach: http://www.macrumors.com/2014/10/29/...-email-breach/
Not exactly the best timing, given shortly before that statement MCX had posted a statement about CurrentC, and were touting it's security: http://www.macrumors.com/2014/10/29/...ng-status-quo/
Not exactly the best timing, given shortly before that statement MCX had posted a statement about CurrentC, and were touting it's security: http://www.macrumors.com/2014/10/29/...ng-status-quo/
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