The retailers would take on any payment method that is not Visa/MC.
In a move that opens a new front in the ongoing bricks-and-mortar versus e-commerce struggle, a group of fifteen major retailers have joined forces to develop a new mobile payment system to challenge Google Wallet. The consortium, which includes such American heavy-hitters as 7-Eleven, Best Buy, CVS, Lowe's, Shell, Target, and …
So? That's nothing new. The business are trying to take back the cut Visa/MC and the others normally ask when their cards are used.
As for the tech involved, it will be interesting to see how it works. They've already mentioned several ways, though I think SMS is potentially too slow for point of sale. QR Codes have potential but I can sense potential security issues here. Same with anything based on Bluetooth technology.
Sick and tired of US retailers home-made alternatives to a proper system. Like the petrol pumps that demand the billing zip code for credit cards instead of a pin code, and the sudden appearance of mag swipe on iphones, years after the civilised world has chip-and-pin. Starbucks qr-code-on-yer-phone-scanned-by-the-till instead of a proper system. On and on and on, contrapting ramshackle systems instead of co-operating on standards
where would this PIN code for credit cards come from ? some cards have PIN codes for cash advance but I wouldn't want to use that at the pump. If someone were to introduce a new generic PIN then the world would have to wait until the majority of CC issuers can handle it, which may take a while.
I don't have an issue with the zip code prompt myself.
Even before the EMV connector was widely used on cards (http://en.wikipedia.org/wiki/EMV) the banks issued and maintained a PIN system used all over at least europe and south america. Terminals had to be complient and approved, and were often issued by the banks: but there was a standard that they all more or less agreed to.
I have been using swipe-and-pin terminals since the late 1980s, and chip-and-pin since the early years of this century. I don';t think I have had a card mag-swiped outside the USA since around 2003. Even in Malawi, China, and The Andaman islands shops, cash machines, and banks all work with the chip-and-pin method. Damnm, I designed a swipe-and-pin terminal back in 1976, when the banks wanted to maintain separate PIN algorithms.
The world has had a generic PIN system since some time in the 1980s.
You don't see a lot of true "robot" pumps in the US. About the only ones I've seen belong to price clubs where you have to swipe a membership card first, removing both the ZIP code requirement and most of the potential foreign traffic. All the other ones I've seen have at least one attendant on duty with a cash register: usually because cash is still a high proportion of pump payments in the US: even in the recent "pay first" environment.
Theres never been co-operation on any system be it from running buses with several companys competing on routes,the beta max and vhs video war,gas and electric services and on to the best way to screw a customer [Sales].Shops at least the big ones, want in on the 2 1/2% [ish] that visa take from their cream pie.
Similar to another reader, I heard that this new system will allow vendors to have their own 'apps'. That's just plain stupid - who is going to load, keep, or search for their Walmart app while standing in the checkout line?
The article mentions that these companies are expert at managing the user experience, but they have yet to point to a single benefit to the customer!
I go to Starbucks every morning and occasionally have the 'pleasure' of standing behind some dude trying to pay his bill with the Starbucks app - which apparently involves him bringing up the app and then showing some QR code that the cashier then scans. It's pretty quick usually - but definitely not as quick as simply swiping a credit card.
The only way for a new system to replace credit cards is if it is at least as easy and fast to use. So far, I don't see that (except maybe with Google Wallet - "bumping" sounds simple/efficient enough).
A critical flaw in the LTE firmware of the fourth-largest smartphone chip biz in the world could be exploited over the air to block people's communications and deny services.
The vulnerability in the baseband – or radio modem – of UNISOC's chipset was found by folks at Check Point Research who were looking for ways the silicon could be used to remotely attack devices. It turns out the flaw doesn't just apply to lower-end smartphones but some smart TVs, too.
Check Point found attackers could transmit a specially designed radio packet to a nearby device to crash the firmware, ending that equipment's cellular connectivity, at least, presumably until it's rebooted. This would be achieved by broadcasting non-access stratum (NAS) messages over the air that when picked up and processed by UNISOC's firmware would end in a heap memory overwrite.
Researchers at the University of California San Diego have shown for the first time that Bluetooth signals each have an individual, trackable, fingerprint.
In a paper presented at the IEEE Security and Privacy Conference last month, the researchers wrote that Bluetooth signals can also be tracked, given the right tools.
However, there are technological and expertise hurdles that a miscreant would have to clear today to track a person through the Bluetooth signals in their devices, they wrote.
Opinion It has been 14 years since Apple opened its App Store with its shiny shopfront of tempting toys and gloomy back office of rules and rentier revenues, but only now has the proposed EU Digital Markets Act threatened to end Apple's web browser engine monopoly.
And even then, it's only by 2024, when the App Store will celebrate its 16th birthday. Nobody ever accused market regulators of warp speed.
You'd be forgiven for remembering a much earlier monopoly browser decision, that of Microsoft's bundling of Internet Explorer with Windows. The courts alleged that was (US v Microsoft Corp) that illegal and Microsoft finally settled in 2001, nine years after antitrust investigations had started into the company. Not that it made much difference, with only one update to Internet Explorer in the next four years due to lack of competition. As the web went wild, browser innovation stalled.
From May 2019 through August 2020, the mobile app published by multinational restaurant chain Tim Hortons surveilled customers constantly by gathering their location data without valid consent, according to a Canadian government investigation.
In a report published Wednesday, Office of the Privacy Commissioner (OPC) of Canada and the privacy commissioners from three provinces – Alberta, British Columbia, and Quebec – presented the results of an inquiry that began shortly after the publication of a June 2020 National Post article.
That article revealed the Tim Hortons app tracked location data every few minutes even when relegated to the background, and the report compiled by Canadian privacy officials confirmed as much.
First Look The /e/ Foundation's de-Googled version of Android 10 has reached the market in a range of smartphones aimed at the privacy-conscious.
The idea of a privacy-centric version of Android is not new, and efforts to deliver are becoming friendlier all the time. The Register interviewed the founder of the /e/ Foundation in 2020, and reported on /e/ OS doing rather well in privacy tests the following year. Back then, the easiest way to get the OS was to buy a Fairphone, although there was also the option of reflashing one of a short list of supported devices.
WWDC Apple this week at its Worldwide Developer Conference delivered software development kits (SDKs) for beta versions of its iOS 16, iPadOS 16, macOS 13, tvOS 16, and watchOS 9 platforms.
For developers sold on seeking permission from Apple to distribute their software and paying a portion of revenue for the privilege, it's a time to celebrate and harken to the message from the mothership.
While the consumer-facing features in the company's various operating systems consist largely of incremental improvements like aesthetic and workflow enhancements, the developer APIs in the underlying code should prove more significant because they will allow programmers to build apps and functions that weren't previously possible. Many of the new capabilities are touched on in Apple's Platforms State of the Union presentation.
There are lots of software keyboards for smartphones and tablets alike, but one stands head and shoulders above the rest… However you can't have it.
Last year, Microsoft bought Nuance for just shy of $20 billion, mainly for its voice-to-text tools. Nuance also owned Swype, which it killed off in 2018. Microsoft, meanwhile, also owns Swiftkey, which it still offers.
Right-to-repair advocates are applauding the passage of New York's Digital Fair Repair Act, which state assembly members approved Friday in a 145–1 vote.
The law bill, previously green-lit by the state senate in a 49-14 vote, now awaits the expected signature of New York Governor Kathy Hochul (D).
Assuming the New York bill becomes law as anticipated, it will be the first US state legislation to address the repairability of electronic devices. A week ago, a similar right-to-repair bill died in California due to industry lobbying.
While Apple has, temporarily at least, backed away from last year's plan to run client-side scanning (CSS) software on customers' iPhones to detect and report child sexual abuse material (CSAM) to authorities, European officials in May proposed rules to protect children that involve the same highly criticized approach.
The European Commission has suggested several ways to deal with child abuse imagery, including scanning online private communication and breaking encryption. It has done so undeterred by a paper penned last October by 14 prominent computer scientists and security experts dismissing CSS as a source of serious security and privacy risks.
India's government has reportedly started probes into the local activities of Chinese tech companies Vivo and ZTE, prompting a rebuke from China's foreign ministry.
As was the case when Indian authorities seized $725 million from Chinese gadget-maker Xiaomi, the investigations focus on possible irregular financial reporting that may amount to fraud, according to newswire Bloomberg's original report on the matter.
A Bloomberg reporter asked about the state of the investigations at the daily press conference staged by China's Ministry of Foreign Affairs, which produces a transcript of each day's event.
Biting the hand that feeds IT © 1998–2022