Our update on the Apple Pay phenomenon
For some time, we have believed mobile payments would change the way people pay for goods and services. Until very recently, the confusion in the marketplace was such that most consumers were wary and remained unconvinced this new technology would a) simplify the payment process and b) make that process more secure.
This article indicates that the advent of the Apple Pay system into the payments space has had a very real and measurable effect. While it is unclear whether the sample involved is based on only Smartphone users, or only Apple device users, it is clear that minds are changing and that retailers as well as other service providers are changing with them.
The inertia will, in our opinion, continue to be great and the percentage of the overall payments space will remain small for some time to come. Until then, and until all the lingering and still significant security issues are resolved, we expect payment cards, both credit and debit, will remain the tools of choice for the vast majority of US domestic consumers. Until that fact is reversed, we continue to advocate for the safe handling of those cards by carrying them in our #RFIDBlocking #CreditCardSleeves. Mobile payments technology leverages the same radio frequencies used for #ContactlessPayments with the cards you already carry; cards enabled for “Tap and Go” or “Wave to Pay” terminals found at many checkouts.
Our sleeves block the radio waves that arrive at the special chips, causing them to transmit your personal identifying information to the receiving device. Sometimes, those devices are rogues and unauthorized.
We truly believe our sleeves are” “The Secret to Keeping Your Data Where It Belongs!©”
You can find them on Amazon.com:
http://amzn.to/1qzdAqW
Let us know if you have any questions about this subject. We will be glad to answer them.
