@BrianRoemmele Brian - have you heard of Apple Pay sending location data back to the issuers and this appearing on peoples’ statements?
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Replying to @GeoffreyB
@GeoffreyB Geoffrey, in limited cases this is now possible. It is my prediction a new Interchange Rate will be Location + Biometric + Token1 reply 2 retweets 2 likes -
Replying to @BrianRoemmele
@BrianRoemmele@GeoffreyB The big question on that new interchange rate using token assurance or bio or location is WHEN? Sooner or later?1 reply 0 retweets 1 like -
Replying to @jameswester
@jameswester@BrianRoemmele@GeoffreyB One year. Possibly more. Unfortunately, Visa Checkout and MasterPass are the only 2 paths. Need more.1 reply 0 retweets 2 likes -
Replying to @cherian_abraham
@cherian_abraham@BrianRoemmele@GeoffreyB So only purchases made through those products using bio/token will see new rates? Not forever.1 reply 0 retweets 1 like -
Replying to @jameswester
@jameswester@BrianRoemmele@GeoffreyB Near term - Yes. And this will hurt Paypal a lot.2 replies 0 retweets 3 likes -
Replying to @cherian_abraham
@cherian_abraham@jameswester@brianroemmele@geoffreyb is it new interchange rate or just death of CNP vs CP rates?2 replies 0 retweets 1 like -
Replying to @justinbenson
@justinbenson@cherian_abraham@jameswester@GeoffreyB Justin, great point CP and not CP is irrelevant when we know location + biometric.2 replies 0 retweets 1 like -
Replying to @BrianRoemmele
@BrianRoemmele@justinbenson@cherian_abraham@jameswester I've heard Apple Pay location data isn't very accurate. Mixes up adjacent shops.1 reply 0 retweets 1 like
@GeoffreyB @justinbenson @cherian_abraham @jameswester Geoffrey, accurate. @PayFinders uses iOS GPS & can notify "Apple Pay accepted here"
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