- 10-25-2014, 05:19 PM #26
When you buy a TV with visa trans you get a but if protection for faulty goods. Plus the merchant pays the processing fee. When you do Debit its - all sales final- SOL - and you pay an even larger fee. This CurrentC takes that line of thinking and puts it on steroids. I really hope people aren't dumb enough to hook their bank accounts directly to this network with the promise of coupons.
- 10-25-2014, 05:39 PM #27
- 10-25-2014, 05:47 PM #28
- 10-25-2014, 06:30 PM #30
Here's another article about it.
CurrentC is all about reducing the CC fees retailers pay to the banks than helping consumers out. What they don't get is that by reducing pay friction, ApplePay (and other NFC systems like Google Wallet) will encourage consumers to buy more and more often. I really don't care about reducing the fees Walmart pays to banks/Visa/MasterCard because they just want to pad their bottom line not reduce consumer prices.
- 10-25-2014, 07:59 PM #31
- 10-25-2014, 08:33 PM #32
The way I see it the retailers have every right to do as they choose. Their stores Their rules. They rejected Apple's app in other words.
Apple made mobile payments a thing now that is gaining traction. Retailers want more control. Now is the time. And as Apple developers haven't quite figured out there is strength in numbers.
Time will tell where it all goes. For now I don't really care and consider Apple pay more of a gimmick that just began a long beta period. Apple has to sweeten the deal for me to get me to waste my time with it.
- 10-27-2014, 02:01 AM #34
It's just going to be a pissing war .. Cvs and others will cave because banks like visa and MasterCard will make them or offer then lower cost fees on Apple pay vs swiping a card ... Personally I think a retailer should take money how they can get it now a days and accepts all payment options they physically can
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- 10-27-2014, 08:24 AM #35
Lol at the Currentc app reviews in both iTunes and Google Pay.
They've already pissed off all of their potential customers.
- 10-27-2014, 08:37 AM #36
- 10-27-2014, 08:40 AM #37
- 10-27-2014, 08:43 AM #38
- 10-27-2014, 08:53 AM #39
- 10-27-2014, 09:24 AM #40
- 10-27-2014, 11:45 AM #41
- 10-27-2014, 12:08 PM #42
The fellow you posted said nothing about money you didn't spend. Not sure where you're pulling that from. He mentioned nothing about scams at all, nor did I. You seem to be wandering aimlessly.
- 10-27-2014, 12:37 PM #43
- 10-27-2014, 02:57 PM #44
- 10-27-2014, 08:23 PM #45
- 10-27-2014, 09:45 PM #46
- 10-27-2014, 11:31 PM #47