Path: csiph.com!v102.xanadu-bbs.net!xanadu-bbs.net!feeder.erje.net!eu.feeder.erje.net!fu-berlin.de!uni-berlin.de!individual.net!not-for-mail From: "Rod Speed" Newsgroups: misc.phone.mobile.iphone,comp.mobile.ipad,comp.sys.mac.system Subject: Re: Apple Pay Exposes Insecure Bank Policies Date: Sun, 22 Mar 2015 17:56:33 +1100 Lines: 65 Message-ID: References: <200320151703579843%michelle@michelle.org> <550e4a73$0$25110$c3e8da3$92d0a893@news.astraweb.com> <550e6592$0$41695$c3e8da3$5d8fb80f@news.astraweb.com> Mime-Version: 1.0 Content-Type: text/plain; format=flowed; charset="UTF-8"; reply-type=original Content-Transfer-Encoding: 7bit X-Trace: individual.net sU3xSp19/X9UmbP9E80soA82+DGe+7UpgPmD2NsvuRhv/j1u8= Cancel-Lock: sha1:lg+6e3xH5XI+HCMDYXPEj0ujWqY= In-Reply-To: <550e6592$0$41695$c3e8da3$5d8fb80f@news.astraweb.com> X-Priority: 3 X-MSMail-Priority: Normal Importance: Normal X-Newsreader: Microsoft Windows Live Mail 14.0.8117.416 X-MimeOLE: Produced By Microsoft MimeOLE V14.0.8117.416 Xref: csiph.com comp.mobile.ipad:46764 comp.sys.mac.system:71789 JF Mezei wrote > Rod Speed wrote >> JF Mezei wrote >>> The post office doesn't advertise how credit cards work. >> That isn't relevant to what is being discussed. > It is extremely relevant. Nope. > With its Apple Pay announcement, both at keynote and > web sites, Apple has made annoumcements on how it works. Yes, and the post office never did anything like that with credit cards. > So customers have certain expextations SET > BY APPLE, of how the interaction will work. Yes, and the post office never did anything like that with credit cards. > This is outside the control of the bank. Yes, and the post office never did anything like that with credit cards. > From apple web site: > http://www.apple.com/iphone-6/apple-pay/ > ## > Setup is simple. Passbook already stores your boarding passes, tickets, > coupons, and more. Now it can store your credit and debit cards, too. > To get started, you can add the credit or debit card from your iTunes > account to Passbook by simply entering the card security code. > To add a new card on iPhone, use your iSight camera to enter your card > information. Or simply type it in manually. The first card you add > automatically becomes your default payment card, but you can go to > Passbook anytime to pay with a different card or select a new default in > Settings. > ## > THERE IS NO INFORMATION ABOUT THE NEED > TO SUPPLY MORE THAN CREDIT CARD INFO. IRRELEVANT TO ANYTHING THE POST OFFICE HAS EVER SAID ABOUT CREDIT CARDS. > There is no information about bank possibly requiring additional > interaction. No information about requiring one to download a > bank's proprietary app to co-exist with Apple Pay and Passport. That isn't how it works. > So this sets MARKETING pressure for banks to ignore security concern and > "go with the flow" but does not prevent a bank from deviating from Apple's > marketing and adding additional steps by having customer contact bank. Yes, but there is nothing like that WITH THE POST OFFICE AND CREDIT CARDS. > But the pressure to comply with the expectations set by Apple is strong. Yes, but there is nothing like that WITH THE POST OFFICE AND CREDIT CARDS.