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ON the topic of not supplying your personal information.
And not getting those cards, that by just supplying your home phone number that you gave with the sign up, your bill at a grocery store drops from 35.00 to $18.50 , because you qualify for the sale price, is silly.
I remember standing behind people that are buying some of the same items, that are on sale, but they refuse to walk out with more cash in their pocket.
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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.
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Perhaps I misunderstand your point, vision63, but it seems you've gone off-topic.
I was responding directly to Lemon Drop's assertion regarding personal information and privacy.
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Article Accelerator wrote:
Perhaps I misunderstand your point, vision63, but it seems you've gone off-topic.
I was responding directly to Lemon Drop's assertion regarding personal information and privacy.
I know what the virtues of Apple Pay are vs. any other kind of mobile payment system. It's a good concept and now a likely great reality. My goal is to derail the topic when it veers toward proposing that such a powerful organization is somehow being victimized and that there should be a grass roots remedy to alleviate that bit of mythology. That's all.
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I'm actually excited to see how this new technology works out and which side wins the war - Apple and the credit card companies v. Walmart-led CurrentC retailers
Epic battle - Apple offers customers anonymity in purchases, which retailers don't like because they want to track you - but they're playing the credit card company's game
currentC wants to cut out the credit card middle man and his swipe fees but allow for consumer tracking
we'll see who wins
the data breaches (including what's stored on your phone and not just on company servers) are inevitable, no matter which system (if either) prevails with consumers
that's part of electronic life now