Apple Pay

whatwhat

whatwhat

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Any news on this yet for availability in South Africa?

I know it's only been 2 years since it was introduced, but surely one of our banks must have thought it is a good idea to support this?
 
Nope nothing. The rollout is very slow even in 1st world countries. So SA needs to wait a fair bit.

My bro who currently stays in Chicago tested Apple Pay for the 1st time a short while ago when he got his iPhone 7.

Said it was seamless & the facilities to pay with Apple Pay is pretty much everywhere that side.
 
Our banks are ahead of the game with this stuff and implement their own NFC solutions and other payment options like SnapScan and Zapper and the like, so it's unlikely they'll jump to embrace Apple Pay.
 
Still a little confused as to usage case tbh. If 80% of the shops support it you still need to carry a wallet anyway...

SauRoNZA said:
Our banks are ahead of the game with this stuff and implement their own NFC solutions
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Really? Last I checked SA was miles behind in NFC adoption, both on cards and terminals side.

Inclined to agree though...Apple Pay won't take off in SA. Not enough people w/ expensive iPhones.
 
SauRoNZA said:
Our banks are ahead of the game with this stuff and implement their own NFC solutions and other payment options like SnapScan and Zapper and the like, so it's unlikely they'll jump to embrace Apple Pay.
Click to expand...

Uh not really the same thing ie Snapscan & Zapper etc. Banks here have just begun rolling out NFC/Contactless so really it isn't a tech issue to support Apple Pay. Commonly it's declined as the banks want to 'recoup investment'.

The reason we don't have Apple Pay here is that our banks are more protective of their revenue and merchants here do not have as much say over things compared to US. Aus had issues for the similar reasons and continue to. Remember Apple Pay is not merely NFC but also card tokenization which requires banks to pay Apple for transactions as a processor. PASA has regulations in place for these and much like Aus the banks will not let it pass easily. And I think the % per team is higher and bank pays?

I guess Merchants can roll out Apple Pay & Android Pay for gift cards.. but here is the final kicker.. what % of consumers use Apple? I think stats say it's a minority so overall, while it will be cool.. you catering for a minority which is hard to sell based on cost.
 
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The thing with Snapscan & Zapper is that they pushing the transaction as 'Card not present transactions'. Effectively this is like buying something on the net.. so they basically, by volume hope to achieve lower transaction fees and then sell the soln to merchant at a lower cost per tran which has no device.

Dunno if it is cheaper but the lack of device makes it useful for merchants who don't want to pay for those POS machines.
 
FNB going to launch FNBpay in the next week but unfortunately only for android as the the NFC in our phones is ring fenced.
 
Se@n said:
FNB going to launch FNBpay in the next week but unfortunately only for android as the the NFC in our phones is ring fenced.
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iPhone NFC is not open so that you can't do this ie use hardware for free circumventing Apple Pay.
 
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krycor said:
The thing with Snapscan & Zapper is that they pushing the transaction as 'Card not present transactions'. Effectively this is like buying something on the net.. so they basically, by volume hope to achieve lower transaction fees and then sell the soln to merchant at a lower cost per tran which has no device.

Dunno if it is cheaper but the lack of device makes it useful for merchants who don't want to pay for those POS machines.
Click to expand...

Much cheaper for vendors.

There is no device as you say and the fees are much lower per transaction.

Ultimately SnapScan is much like Apple Pay in the sense that you are paying with your phone.

NFC is too much hassle and that's why I think our banks have pretty much just skipped it and gone for alternatives.

Personally I think we are ahead of the game here. SnapScan has changed my life and need to carry cash or even my card completely.


The places you previously couldn't go without drawing a huge wad of cash are now all hooked up and online. Think of food and flea market type venues.
 
Se@n said:
FNB going to launch FNBpay in the next week but unfortunately only for android as the the NFC in our phones is ring fenced.
Click to expand...

Same issue that the Aus banks raised with Apple - they wanted access to the NFC as well.

Will be interesting if this FNB Pay does comes to light what it will offer vs things like Zapper and Snapscan.
 
It's all about the transaction fee and what portion u getting
 
And that makes 10 countries....

Starting today Apple Pay has another country to add to its availability list - Russia. This brings the total number up to 10, the others being: Australia, Canada, China, France, Hong Kong, Singapore, Switzerland, the UK and U.S.

Currently, Russian news agency Tass reports that support is only limited to one bank - Sberbank and one type of card - MasterCard. Still, that does include both debit and credit cards, so it's a start. And, naturally, you do need and iPhone 6 or newer or an Apple Watch to use the service.

http://m.gsmarena.com/russia_is_now_officially_the_10th_country_with_apple_pay-news-20869.php

Apple Pay is now available in ten major markets around the world: the United States, the United Kingdom, China, Australia, Canada, Switzerland, Hong Kong, France, Singapore and Russia. The service will arrive in New Zealand and other markets later this year.

http://www.idownloadblog.com/2016/10/04/apple-pay-launches-in-russia/
 
Some incorrect assumptions by some people in this thread, ApplePay (and AndroidPay) are cheaper transactions than conventional chip and pin card payments (at least in the UK and US), they also don't need any specialised system to function, ApplePay will work anywhere that supports contactless payments and retailers are pushing for contactless as its cheaper for them than chip and pin payments, it's also much quicker meaning more customers per hour through a till.
 
Dave123 said:
Some incorrect assumptions by some people in this thread, ApplePay (and AndroidPay) are cheaper transactions than conventional chip and pin card payments (at least in the UK and US), they also don't need any specialised system to function, ApplePay will work anywhere that supports contactless payments and retailers are pushing for contactless as its cheaper for them than chip and pin payments, it's also much quicker meaning more customers per hour through a till.
Click to expand...
The US doesn't do a majority of chip and pin transactions AFAIK.
 
DA-LION-619 said:
The US doesn't do a majority of chip and pin transactions AFAIK.
Click to expand...

Chip&pin, chip&sign and magtape&sign are all more expensive to the retailer, the uptake for contactless has really increased since ApplePay (and I presume AndroidPay as well) launched, almost all the big retailers have been upgrading POS terminals to enable contactless.

The one big holdout I can think of is Walmart in the US and UK who are still trying to go their own way but will fail, just like Barclays did.
 
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