Apple Pay Users in London Double-charged for Public Transport, Bitcoin A Superior Alternative
Apple Pay has been touted as one of the most innovative ways to pay with a mobile device. Whether or not that will be the case, remains to be seen. But ever since Apple Pay launched in the United Kingdom, it is causing issues with the London Underground. Using Apple Pay will put the user at risk of being overcharged for their journey, which not exactly how this system is supposed to work. Mobile payments are on the rise, and manufacturers and payment processors are scrambling to cobble together a mobile payment solution for the entire world to use. But even tech giants such as Apple, who....
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Following Apple Pay’s much-hyped payment system’s launch and lukewarm reception across many markets, the platform’s release last week in the United Kingdom has already encountered some problems with a double-spend issue being the most notable. Apple Pay can cause an economic misfire with users of the ever popular public transportation service, the Transport for London, under certain circumstances. This has happened often enough to cause an official alert to be disseminated from the iconic transit system regarding the use of this new form of payment. The problem is when a payment is made....
Earlier this week, Apple's new mobile NFC payment network, ApplePay, went live. From its first few days of life, huge issues are already popping up regarding ApplePay's security. Multiple users are reporting that using ApplePay has resulted in duplicate charges to their bank statement. CNN Money's Samuel Burke found out about the double spends after forgoing a card swipe and using ApplePay at several merchants: I logged into my debit card account and found that I was charged twice for every purchase I made with ApplePay. A quick search on Twitter found other people with the same problem.....
Bitcoin and the blockchain is entirely different technology. Not like the standard financial payment systems of the past. Bitcoin doesn’t hold you credit or debit information. The blockchain doesn’t need your address or even your name. Bitcoin can be used in a multitude of fashions and the wallet Circle Financial added NFC technology through Droid....
The lawmaker said that she wasn’t specifically targeting memecoin Floki Inu in the push for this crackdown, but rather as one of three current crypto advertising campaigns on London's public transport. Sian Berry, former co-leader of the Green Party of England and Wales and current member of the London Assembly, is looking to crack down on crypto advertisements on public transport.According to a Sunday Twitter post, Berry said she would be recommending the Mayor of London, Sadiq Khan, ban all crypto advertising in the city’s transport network, including many rail and bus services. The....
Apple computer's return from ashes in 1997 began in the public's mind with one wildly successful ad campaign: "Think Different". The story for how the ad campaign came together can be found on forbes.com. Back then, the hemorrhaging Apple Computer Corporation desperately hired back Steve Jobs, who led the company back from the ashes in spectacular fashion. The Apple PCs were then perceived as toys. Yet he established them as a counter-culture revolution. To be taken seriously by business and the public, it needed respect. It needed to show to the world how it was...different. It was an....