Is it true that w Apple Pay, the merchants cannot track my purchases and they get an anonymized token for the payment?
If so, there is one downside: The paper receipt I get is the only proof of purchase.
Now a days, when I buy something from, say Macy's, the store has a record of my identity, item, date etc. I can return or exchange the merchandise even if I lose my receipt, because the store has all that info about the transaction.
With Apple Pay, what happens if I lose my paper receipt?
I also lose the reward points, rebates, personalized coupons that I get if the stores have a record of my purchases. Agreed, that this entails a certain loss of privacy, but I am not one of those who favor anonymity over everything else. I like getting profiled by the merchants, who can offer me deals and items fitted to my needs.
I just thought that I'd put it out there....
If so, there is one downside: The paper receipt I get is the only proof of purchase.
Now a days, when I buy something from, say Macy's, the store has a record of my identity, item, date etc. I can return or exchange the merchandise even if I lose my receipt, because the store has all that info about the transaction.
With Apple Pay, what happens if I lose my paper receipt?
I also lose the reward points, rebates, personalized coupons that I get if the stores have a record of my purchases. Agreed, that this entails a certain loss of privacy, but I am not one of those who favor anonymity over everything else. I like getting profiled by the merchants, who can offer me deals and items fitted to my needs.
I just thought that I'd put it out there....