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Apple Pay Is Too Anonymous
http://www.businessweek.com/articles...ther-retailers
Retailers are unhappy with Apple pay for reason that the user's (buyer's) identity is kept from the retailer but wouldn't a similar system be ideal for adult entertainment? The payment platform might do better at integrating loyalty programs and vendor affiliate programs also -- we would not need cookies and be able to use surfing records and their URLs of the user's device(s) where the payment app/api is installed. I proposed a very similar payment system to my bank (a regional bank) but they were bought out by a very straight-laced regional bank in Ohio. The plan might be for co-venture now ... |
Right. This has nothing to do with the rejection of Apple Pay and everything to do with the unwillingness of retailers to install NFC-capable terminals.
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HAHA ISIS payments that is classic no va. (Chevy Nova in Mexico.) The problem is the anonymous nature. I have a coffee cup with store loyalty cards -- I just keep a few with me in my wallet. Also, the cost of processing may be an issue and additional 1/2% discount to a retailer might be a real bite into their margin. |
You could always issue virtual cards to ''members'' outside of the VISA-net system and it's rules. Also, complying with the AML and other international treaty rules, proper money transfer agent licensing and complying with PCI-DSS standards.
Porn buyers want anonymity and a man-in-the-middle to look after their privacy and payment dispute interests in a rather shady purchase environment. |
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http://articles.economictimes.indiat...-ikaaz-nfc-tag
According to this article the whole loyalty card issue is bullshit -- other than the possible leaking of proprietary data -- this is maybe the real issue. |
I used it this morning at the Grocery Store. It worked like a charm.
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uh you forget porn is evil
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i agree with Barry, this could work nicely in the adult industry
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