10-27-2014, 04:56 AM
Article Accelerator wrote:
[quote=Lemon Drop]Mobile payment systems = constant surveillance of your identity, contact information, physical location, money habits and purchases by every financial, tech, marketing, and advertising company under the sun
We know that's true for Google Wallet:
http://en.wikipedia.org/wiki/Google_Wallet#Privacy
Apple explicitly states that it does not collect any such information for Apple Pay:
http://en.wikipedia.org/wiki/Apple_Pay#Service
That's virtually meaningless. The hackers can defeat it "all." Bottom line is nobody needs to be helping a multi-zillion dollar corporation handle it's business. They're big boys.