Quantcast
Viewing all articles
Browse latest Browse all 2244

Personal Finance (Not Investing) • Re: Apple Pay: value vs. chip credit card

Apple/Google Pay advantages:
  1. You don't need to take your wallet with you and have a form of payment that works in most places. (The local home depot does not take contactless so out of luck there).
  2. You are running or biking and have your phone but nothing else. Odds are you can find a place that accepts your phone's Google/Apple pay that has food.
  3. You forgot your wallet again and are at the grocery, lunch place with friends, or any place with contactless. You are in business.
  4. You have access to all of your credit/debit cards, plus event tickets. You don't need to drag 8 cards along in your wallet to have access to the card with the most benefits or cashback for a particular situation you encounter in your day.
  5. You are using the mobile website of a restaurant or pizzeria. You don't have to type your credit card and info in. You just double click a button and poof, your payment info is securely sent.
  6. You are using a transit system with contactless and you don't need a special transit card.
  7. You are using a mobile application that accepts apple/google pay. Keep going with a click, you don't need a wallet or trust the application/data server with your own card information.
  8. Apple pay generates a small percentage of interchange for Tim Cook and his shareholders. (not your advantage but his. Image may be NSFW.
    Clik here to view.
    :)
  9. You can keep your wallet at home and avoid losing or theft. If your phone gets stolen, that's a pain for the phone, but your Apple Pay data is secure.

Statistics: Posted by criticalmass — Tue Jul 16, 2024 11:49 pm



Viewing all articles
Browse latest Browse all 2244

Trending Articles