Square’s Apple Pay Reader Shows How We Pay Is Still in Flux


  • It takes a newer breed of card equipped with an EMV chip for greater security, and it accepts Apple Pay, that much-hyped means of making card payments via the iPhone or the fledgling Apple Watch.
  • Some people touched their wrists to the reader with their Apple Watches facing up, before realizing that the Watch doesn’t send a payment unless it’s facing down.
  • Apple Pay and its ilk will take some getting used to.
  • “So few people use Apple Pay, and merchant availability isn’t necessarily the reason.” says Sucharita Mulpuru-Kodali, an analyst with Boston-based research firm Forrester.
  • “Usage of Apple Pay is low, and we believe that’s because it’s not in the places you shop everyday.

Source: Wired – Business

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